This book challenges the popular thesis of a downward trend in the viability of welfare states in competitive market economies. With approaches ranging from historical case studies to cross-national analyses, the contributors explore various aspects of the relationships between welfare states, industrial relations, financial government and production systems. Building upon and combining comparative studies of both the varieties of capitalism and the worlds of welfare state regimes, the book considers issues such as: *the role of employers and unions in social policy *the interdependencies between financial markets and pension systems * the current welfare reform process. It sheds new light on the tenuous relationship between social policies and market economies and provides thought-provoking reading for students and scholars of Comparative Politics, Public Policy, the Welfare State and Political Economy.

Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.

Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.

The author aims to develop conceptual refining and theoretical reframing of the productivist welfare capitalism thesis in order to address a set of questions concerning whether and how productivist welfarism has experienced both continuity and change in East Asia.

In Recasting Welfare Capitalism, Mark Vail employs a sophisticated and original theoretical approach to compare welfare states and political-economic adjustment in Germany and France. He examines how and why institutional change takes place and what factors characterize economic evolution when moving from times of prosperity to more austere periods and back again. Covering the 1970s to the present, Vail analyzes social and economic reforms, including labor policy, social-insurance, and anti-poverty programs. He focuses on the tactics and actions of key political players, and demolishes the stagnation argument that suggests that France and Germany have largely frozen political economies, incapable of reform. Vail finds that these respective evolutions involve interrelated changes in social and economic policies and are characterized by political relationships that are continuously renegotiated—often in unpredictable ways. In the process, he presents a compelling reconceptualization of change in both the welfare state and the broader political economy during an age of globalization.

What has brought about the widespread public provision of welfare and income security within free-market liberalism? Some social scientists have regarded welfare as a preindustrial atavism; others, as a functional requirement of industrial society. Most recently, scholars have stressed the reformist actions of center-left parties during the decades following World War II, the workings of "new" post-industrial politics lately, and a multifaceted role of politics and state institutions overall. Alexander Hicks thoroughly revises these views, stressing the enduring significance of class organizations, however politically embedded, from the era of Bismark until the present. Social Democracy and Welfare Capitalism describes and explains income security programs in affluent and democratic capitalist nations, from the proto-democratic innovators of the 1880s to the globally buffeted democracies of the 1990s. Hicks's account stresses the reformist role of employee political and economic organization and derivative institutions, in particular, social democratic parties, labor unions, and neo-corporatist arrangements. These forces, arrayed as the elements of a transnational and century-long social democratic movement, give direction and continuity to the emergence, development, and contestation of income security policies.

How different would Americans’ lives be if they had guaranteed access to health care, generous public pensions, paid family leave, high-quality public pre-school care, increased rights at work, and a greater say in how corporations are run? This one-of-a-kind book emphasizes that differences in policies and institutions affect the lives of citizens by comparing health, pension, and family policies, as well as labor markets and corporate governance in the United States, Sweden, and Germany. Demonstrating that the US model of capitalism is not the only one that is viable, Bowman encourages students not only to rethink their assumptions about what policy alternatives are feasible, but also to learn more about American capitalism through insightful contrast. Covering a wide range of policy areas and written in a crisp, engaging style, Capitalisms Compared is a perfect companion for courses in political economy and public policy.

The rise of nontraded services undermines this specialization and increases demands for more flexible labor markets."--BOOK JACKET.

This book traces how individuals fare over time in each of the three principal types of welfare state.

This book explains how postwar Japan managed to achieve a highly egalitarian form of capitalism despite meager social spending. Estevez-Abe develops an institutional, rational-choice model to solve this puzzle. She shows how Japan's electoral system generated incentives that led political actors to protect various groups that lost out in market competition. She explains how Japan's postwar welfare state relied upon various alternatives to orthodox social spending programs. The initial postwar success of Japan's political economy has given way to periods of crisis and reform. This book follows this story up to the present day. Estevez-Abe shows how the current electoral system renders obsolete the old form of social protection. She argues that institutionally Japan now resembles Britain and predicts that Japan's welfare system will also come to resemble Britain's. Japan thus faces a more market-oriented society and less equality.