Varieties Of Capitalism Flashcards
Whos ideas does classical comp soc include?
Durkheim
Weber
Marx
What did lash and urry (1987) argue?
There is liberal, organised, disorganised capitalism
What factors determine the timing of organisation are:
1) size of country
2) bourgeois revolution
3) time taken of consequences
-extend of organisation
Name some features of organised capitalism?
- concentration, centralisation of capital
- increasing separation of ownership and control
- welfare state
- industrialised concentration
- nationalism
- imperialism
Why is Germany an ideal type? (Pre Versailles treaty)
Organisation at top:
Heavy industry, cartels, banks
W/c solidarity
Organised at the bottom
Explain features of the British example
1) industrialised early
2) late organisation at the top
3) More small companies
4) middleman economy
5) quick organisation at the bottom: trade unions, labour movements
What did Hall and Soskice (2001) argue about capitalism
1) Institutional similarities/differences among developed countries
2) Variations of national political economies
3) actor-centred approach (individuals, firms produced)
4) Regulatory regimes at nation-state level
What did Hall and Soskice (2001) say about institutions?
1) made of formal/informal rules
2) Socialisation through agencies
3) Power
4) lots of sanctions/incentives
What is an LME? give some examples
liberal market economy
Free trade/liberal welfare state
Britain, Australia, Canada, New Zealand
What is a CME? give examples
co-ordinated market economy
Non-market relationships, more income equalitity, international industry alliances
Japan, Switzerland, Germany, Holland
How do comparative institutional advantages compare with CME/LME’s?
LME: radical innovation, competative pricing
CME: strong TU’s, good pensions
What does Bell (1973) argue for?
End of organised capitalism:
1) economic- displacement of manufacturing
2) technology - information processes
3) stratification system
What does Offe (1985) argue?
unemployment removes people from contact with central power mechanism of capitalist society
Name some features of disorganised capitalism
- Rise of Service industry
- Po-mo culture
- The decentralisation of economics
- Corporation rise
- Scattering of W/C commmunities
- Decline of dominant regions
Name some political transformations of disorganised capitalism
- Giddens (1992) identity politics
- Post-materialism
How is Ritzer (2005) linked to the disorganisation of capitalism?
McDonalisation
