Models of Capitalism: Growth and Stagnation in the Modern Era

Rating:
Summary: How economic growth works.
Review: The author shows that there is no explanation for economic growth nowadays, and therefore no recipes do exist. The wealth of nations may be pushed forward by neoliberalism or by social market economy or by Santa Clause. According to the lay of land all three are in a same way competent...

A brilliantly comparative analysis of the contradictions that beset all the various capitalist models amidst globalization today as well as of the mode of thinking that limits our perspective to choosing among them. A must read for everyone doing work in comparative and international political economy, and for all those concerned with finding a new way forward for labour movements and the left.