Comparative Capitalism - by Magnus Feldmann (Hardcover)

About the Book

"The debate surrounding Varieties of Capitalism has been limited by its excessive focus on Western Europe and North America. Comparative Capitalism takes a global perspective to understand capitalist diversity, considering not only liberal and coordinated market economies but also networked, hierarchical and new market models. The book accounts for the significance of state structures, global integration and natural resources, and includes a range of case studies from across East Asia, Latin America, and the Middle East. Offering tables, figures, and overviews of key features of each economy, this book is essential reading for students of political economy and international development"--

Book Synopsis

How do capitalist institutions vary across countries and regions? How is capitalist diversity related to political and social factors like inequality, representation, and political systems? How do capitalist institutions shape economic outcomes?
Comparative Capitalism takes a global approach to capitalist diversity. It considers not only liberal and coordinated market economies in the Global North, but also other varieties, such as networked, hierarchical, dependent and statist market economies in other parts of the world. It examines new models, such as growth regimes and growth models, and key trends such as the growing significance of finance and the rise of populism in the 21st century. Case studies are drawn from both the Global North and South, including East Central Europe, East Asia, Latin America, and the BRICS economies to highlight both domestic institutions and the role of economic integration on a global scale.
Including tables and overviews of key features of each model, Comparative Capitalismis essential reading for students of international and comparative political economy, international development, and business-government relations.

Review Quotes

Feldmann's book is a masterful attempt to extend Hall and Soskice's Varieties of Capitalism to political economies around the globe. It is highly recommended to all comparative political economy scholars.
John D Stephens, University of North Carolina, USA

This book is essential course material for students in comparative politics and comparative political economy. It covers a global perspective on the varieties of national economic models, their institutional foundations and the key challenges they face.
Anke Hassel, Hertie School, Germany

This is an excellent and timely survey of a field at last moving beyond advanced industrial economies to systematically compare the ways post-Communist and emerging markets function. It offers a clear and concise overview of the key debates and theoretical positions, introducing them without jargon and as needed through the case study chapters.
Alistair Q. Howard, Temple University, USA

About the Author

Magnus Feldmann is Associate Professor in Politics, School of Sociology, Politics and International Studies, University of Bristol, UK.