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Wolfgang Streeck

Re-Forming Capitalism: Institutional Change in the German Political Economy

Bibliographic Data

ID2235453
AuthorsJ A Hansen (0000-0001-7210-8975), Jochim Hansen (0000-0003-2097-733X, University of Copenhagen, corresponding author)
Year2011
Volume27
Issue3
Pages414-416
Publication date2011-06-01
Open AccessNo
TypeBOOK
VenueEuropean Sociological Review (JOURNAL)
Journal identifiersISSN: 0266-7215 • E-ISSN: 1468-2672
PublisherOxford University Press (PUBLISHER • GB)
DOI10.1093/esr/jcq016
OpenAlexW1992897963
LanguageEN
Citations received3

This book is a contribution to the ongoing debate about change and stability in the institutions of political economies. Taking Germany—the classic example of a ‘coordinated market economy’ within the Varieties of Capitalism literature—as an empirical starting point, the book addresses different ways of conceptualizing and explaining institutional change. The first part of the book consists of six chapters, containing accounts of the historical developments in five key institutional sectors of the German political economies; collective bargaining, intermediary organizations, social policy, public finance, and corporate governance. All of the chapters are relatively short and precise, summing up years of research on the historical changes in these institutions. Rather than a meticulous description of all changes, the different chapters sum up the general trends and major shifts in the five sectors. This is done neatly and with due reference to the timing of different developments. From the mid-90s, the number of employees and workplaces covered by collective agreements has declined. At the same time, inequities have started to increase on a broad range of parameters and both employer and employee organizations have lost members. While this may by itself be seen as a temporary flux, it runs parallel to a significant turnaround in social policy efforts (Chapter 4), a growing fiscal crisis of the German state (Chapter 5), and changes in corporate governance within German business networks (Chapter 6). These analyses are used as a foundation for the central theoretical arguments of the parts two and three of the book.

Capitalism · Collective bargaining · Corporate governance · Economics · Economy · German · German model · Institutional change · Management · Market economy · Political economy · Political science · Politics · State (computer science) · Economic and Social Issues · Industrial relations · Law · Political Economy and Marxism · Public Administration · Social Policy and Reform Studies

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Unique citing works3
Citations per year0,2
Citation span2011 - 2011 (1)
Citation velocityhistorical
Highly citedNo

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