Rival Capitalists: International Competitiveness in the United States, Japan, and Western Europe (Cornell Studies in Political Economy) - Softcover

Hart, Jeffrey A.

Softcover

ISBN 10: 0801499496 ISBN 13: 9780801499494

Publisher: Cornell University Press, 1992

Synopsis

Nowhere can the cataclysmic reversals in international competitiveness since the Second World War be traced more clearly than in the United States, Great Britain, France, Germany, and Japan. Surveying the development of the steel, automobile, and semiconductor industries in each of these countries, Jeffrey A. Hart illuminates the role of national policy in a changing world.

Hart describes the global structure of production and consumption in the five major capitalist countries and offers a rich comparative history of their industrial policymaking. He concludes that variations in statesocietal arrangements―and the impact these differences have on the creation and diffusion of new technologies―provide the best explanation for divergences in international competitiveness. In Japan, state and business are allied, but labor is marginalized, whereas in Germany, labor and business are allied, and the state is decentralized. Yet both countries have become increasingly competitive because they have developed institutional mechanisms for technology diffusion. France's state-led system, in contrast, is linked with only moderate competitiveness. The decline of competitiveness in the United States and Britain, Hart concludes, may be attributed to state-societal arrangements that have allowed one actor-labor in Britain, business in the United States-to dominate policymaking.

Rival Capitalists will be an invaluable source for policymakers and business analysts as well as scholars and students of political economy, international relations, industrial organization, industrial sociology, and comparative politics.

About this title

About the Author

Jeffrey A. Hart is Professor of Political Science at Indiana University.

Review

"The body of the work comprises very good summaries of the ways Germany, France, Britain, Japan and the United States have handled their steel, auto and semiconductor industries. With these comparisons as evidence, Professor Hart argues that differences in national performance are largely shaped by the contrasts in the distribution of power among governments, business and labor.... This is a thought-provoking book, rich in material and clearly written."

(Foreign Affairs)

Edition details

• Publisher: Cornell University Press
• Publication date: 1992
• ISBN 10: 0801499496
• ISBN 13: 9780801499494
• Binding: Paperback
• Language: English
• Edition number: 1
• Number of pages: 328