Varieties of Capitalism

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Varieties of Capitalism is written by Thomas Palley and published by Edward Elgar Publishing. It's available with International Standard Book Number or ISBN identification 1035312751 (ISBN 10) and 9781035312757 (ISBN 13).

Over the past twenty years there has emerged a compelling new discourse on varieties of capitalism. That discourse has an appealing common sense which challenges the view there is no alternative to free market capitalism. The initial view had a microeconomic focus that made firms the fulcrum of analysis. It distinguished between liberal market and coordinated market economies. Subsequently, there has emerged a second-generation literature which adopts a macroeconomic perspective that emphasizes differences in drivers of growth. This book provides a collection of essays that engage those second-generation concerns and questions.