Capitalisms and Capitalism in the Twenty-First Century - Softcover

Softcover

ISBN 10: 0198708785 ISBN 13: 9780198708780

Publisher: Oxford University Press, 2014

Synopsis

The early twenty-first century is witnessing both an increasing internationalization of many markets, firms, and regulatory institutions, and a reinforcement of the key role of nation states in managing economic development, financial crises, and market upheavals in many OECD and developing economies. Drawing on a variety of interdisciplinary perspectives from leading US and European scholars, this book analyses how capitalism and national capitalisms are changing in this context. It focuses on the economic rise of new countries such as the BRICs, the increasing influence of regional organizations such as the EU and NAFTA, and new forms of private and public international regulation. It also considers how states are adapting their economic policies and processes in this new environment, and the consequences of these adaptations for inequality and risk within different societies.

These changes are linked to how firms are developing new strategies for organizing global value chains and the application of scientific knowledge to the commercialization of products in contexts where financial markets are becoming more uncertain and crisis prone, and where different groups are making new demands for more effective forms of corporate governance and corporate social responsibility. Drawing on examples from Europe, North and Latin America, and Asia, it illustrates the complex ways in which different forms of national capitalism are adapting and changing their institutions in response to international financial markets, the global financial crisis, the development of cross-border value chains, and expansion of multinational firms.

About this title

About the Author:

Glenn Morgan, Professor of International Management, Cardiff Business School, University of Cardiff,Richard Whitley, Emeritus Professor of Organizational Sociology, Manchester Business School, University of Manchester

Glenn Morgan is Professor of International Management at Cardiff Business School. He was previously Professor of Organizational Behaviour at Warwick Business School. He is a visiting Professor at the Department for Business and Politics at Copenhagen Business School. He was editor of the journal Organization from 2003-8.
Richard Whitley is Emeritus Professor of Organizational Sociology at Manchester Business School, University of Manchester. Recent authored and edited books include: Reconfiguring Knowledge Production (2010), Business Systems and Organizational Capabilities (2007), Changing Capitalisms? (2005), The Multinational Firm (2001), Divergent Capitalisms (1999) (all published by Oxford University Press), and Competing Capitalisms (2002) (Edward Elgar). He has edited two special issues of Organization Studies, one on The Dynamics of Innovation Systems (2000) and one on Institutions, Markets and Organisations (2005). In 1998-99 he served as the Chair of the European Group for Organizational Studies and in 1999-2000 was the President of the Society for the Advancement of Socio-economics. In 2007 he was elected a Foreign Member of the Royal Swedish Academy of Letters, History, and Antiquities.

Review:

Review from other book by this author: '[Praise for Divergent Capitalisms] for those interested in the workings of the interconnected world and notions of globalisation, this book provides a valuable perspective on the parallel emergence of diverse forms of economic organisation. ... The outstanding feature of Richard Whitley's book is its attempt to take a systemic view of the complex process through which distinctive patterns of economic organisation emerge.' --Times Higher Education Supplement, 16/11/01

'Richard Whitley's book makes an important contribution to (this) debate ... This new book ... not only brings together the ideas expounded in earlier publications in a new way but also significantly expands and deepens the theoretical framework. ...The book provides a very useful intellectual toolkit for comparative analysis of varieties of capitalism and their interaction with an as yet underdeveloped global capitalist system. It not only reliably documents the diversity of institutional and organisational forms found in contemporary capitalist societies but also enriches our understanding of both continuity and change in such arrangements in a wide range of advanced and newly industrialising countries across the globe. ... postgraduate students and academics will not only read it with interest but frequently return to it for theoretical guidance and empirical reference' --Christel Lane; Work, Employment and Society, Vol 14, No4, 2000

About this edition

• Publisher: Oxford University Press
• Publication date: 2014
• ISBN 10: 0198708785
• ISBN 13: 9780198708780
• Binding: Paperback
• Number of pages: 400
• Editor: Morgan Glenn, Whitley Richard