Colin Crouch & Wolfgang Streeck 
Political Economy of Modern Capitalism 
Mapping Convergence and Diversity

Neoliberalism and deregulation have come to dominate national and international political economy. This major book addresses this convergence and analyzes the implications for the future of capitalist diversity. It considers important questions such as: Is the preference for free markets a well-founded response to intensified global competition? Does this mean that all advanced societies must all converge on an imitation of the United States? What are the implications for the institutional diversity of the advanced economies?

Political Economy of Modern Capitalism provides a practical and informed analysis of the public policy choices facing governments and business around the world.

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Preface

To the Memory of Andrew Shonfield

Introduction – Colin Crouch and Wolfgang Streeck

The Future of Capitalist Diversity

The Distinctiveness of Japan – Ronald Dore

German Capitalism – Wolfgang Streeck

Does It Exist? Can It Survive?

Between Neo-liberalism and the German Model – Jonas Pontusson

Swedish Capitalism in Transition

French Statism at the Crossroads – Robert Boyer

Social Institutions and Production Structure – Marino Regini

The Italian Variety of Capitalism in the 1980s

The UK 1979-1995 – Andrew Graham

Myths and Realities of Conservative Capitalism

The Institutional Embeddedness of American Capitalism – Rogers Hollingsworth

Following the Collapse of Communism, Is There a Middle Way? – Jean-Paul Fitoussi

A Check to Enlightened Capitalism – Philippe d′Iribarne

International Finance and the Erosion of Capitalist Diversity – Philip G Cerny

The Future of Global Capitalism; or, will Divergence Persist Forever? – Susan Strange