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Models of capitalism in Europe: towards the return of the state?

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Lehndorff, Steffen

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Abstract "The present economic crisis has sparked a new debate in a wider political and academic public about the role of the state in advanced capitalist societies. The paper discusses this issue in a comparative perspective: How have different models of capitalism in Europe coped with major economic and societal challenges before the present crisis? Taking the UK and Sweden as flagship examples for contrasting models of capitalism in Europe, and Germany as an increasingly controversial case between these poles, the paper describes major moves taken in these three countries, from the mid-1990s, to tackle the challenges of globalisation and the liberalisation of EU labour and product markets, and to respond to societal changes such as ageing and the changing gender roles. It concludes with a comparative assessment of changes in these three models of capitalism in Europe before the current economic crisis as a basis for an outlook at the respective prospects in the near future, given the legacies of this crisis for public budgets and the capacities of the states." (author's abstract)
Keywords capitalism; economic system; labor market; liberalization; globalization; international comparison; welfare; social change; Federal Republic of Germany; Great Britain; Sweden; gender role; social inequality; population development; social security
Classification Sociology of Economics; Labor Market Policy; Women's Studies, Feminist Studies, Gender Studies; National Economy
Document language English
Publication Year 2010
Page/Pages p. 75-107
Journal International Journal of Action Research, 6 (2010) 1
ISSN 1861-9916
Status Published Version; peer reviewed
Licence Deposit Licence - No Redistribution, No Modifications
data provider This metadata entry was indexed by the Special Subject Collection Social Sciences, USB Cologne