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The provocative political thinker asks if it will be with a bang or a whimper After years of ill health, capitalism is now in a critical condition. Growth has given way to stagnation; inequality is leading to instability; and confidence in the money economy has all but evaporated. In How Will Capitalism End?, the acclaimed analyst of contemporary politics and economics Wolfgang Streeck argues that the world is about to change. The marriage between... more...

Debates surrounding institutional change have become increasingly central to Political Science, Management Studies, and Sociology, opposing the role of globalization in bringing about a convergence of national economies and institutions on one model to theories about 'Varieties of Capitalism'. This book brings together a distinguished set of contributors from a variety to examine current theories of institutional change. The chapters highlight the... more...

In the current period of globalization, Governing Interests presents new research on the impact of internationalization on the organization and representation of business interests through trade and employer associations. By exploring ongoing, gradual, but nevertheless profound changes in the structures and functions of business interest associations, the book develops a precise understanding of the relationship between the... more...

At a time when democratization and the state of democracy are at the forefront of attention in many parts of the world, this book examines the state-of-the-art on this vital political issue. Revisiting the now classical literature on neo-corporatism in light of current research and theory, the contributors illustrate the enormous influence of the 'neo-corporatist debate' on modern political science, political sociology, and political economy.... more...

The financial crisis keeps us on edge and creates a diffuse sense of helplessness. Well-nigh unfathomable problems lead to measures that seem like emergency operations on the open heart of the Western world, performed with no knowledge of the patient's clinical history. The gravity of the situation is matched by the paucity of our understanding of it, and of how it came about in the first place. In this book, compiled from his Adorno Lectures given in... more...


In a world of increasing austerity measures, democratic politics comes under pressure. With the need to consolidate budgets and to accommodate financial markets, the responsiveness of governments to voters declines. However, democracy depends on choice. Citizens must be able to influence the course of government through elections and if a change in government cannot translate into different policies, democracy is incapacitated. Many mature democracies... more...

As the influence of labor unions declines in many industrialized nations, particularly the United States, the influence of workers has decreased. Because of the need for greater involvement of workers in changing production systems, as well as frustration with existing structures of workplace regulation, the search has begun for new ways of providing a voice for workers outside the traditional collective bargaining relationship.... more...

Wolfgang Streeck is a leading figure in comparative political economy and institutional theory. In this book he addresses some of the key issues in this field: the role of history in institutional analysis, the dynamics of slow institutional change, the limitations of rational design and economic-functionalist explanations of institutional stability, and the recurrent difficulties of restraining the effects of capitalism on social order. In the... more...