Sylabus
Course Outline and Readings
Class 1: Introduction
Class 2: Models of Capitalism / Varieties of Capitalism
Hall, P. A. (2001). Varieties of capitalism. John Wiley & Sons, 1-68
Class 3: Presentation of States’ Economies
Class 4: Welfare State Models
Arts and Gelissen (2002). Three worlds of welfare capitalism or more?
Pierson (2002) Coping with permanent austerity
Class 5: Presentations – Welfare State Models
Class 6: Industrial Relations
Rubery (2010). 'Employment relations', in Morgan, G., Campbell, J., Crouch, C., Pedersen, O. K., & Whitley, R. (Eds.). The Oxford handbook of comparative institutional analysis. OUP Oxford.
Thelen, K. (2001). ‘Varieties of Labor Politics in the Developed Democracies’ in Hall and Soskice, eds., Varieties of Capitalism: 71-103.
Class 7: Presentations – Industrial Relations
Classes 8: Training, Skills, and Innovation
Thelen, K. (2007). “Skill Formation and Training”, in Jones and Zeitlin, The Oxford Handbook of Business History, 559-80.
Lawton-Smith, H. (2006). Chapter 1 in Universities, innovation and the economy. Routledge.
Classes 9: Presentations - Training, Skills, and Innovation
Class 10: Corporate Governance and Finance
Goyer, M. (2010). Corporate Governance in G., Campbell, J., Crouch, C., Pedersen, O. K., & Whitley, R. (Eds.). The Oxford handbook of comparative institutional analysis. OUP Oxford.
Deeg (2010) Institutional Change in Financial Systems, Governance in G., Campbell, J., Crouch, C., Pedersen, O. K., & Whitley, R. (Eds.). The Oxford handbook of comparative institutional analysis. OUP Oxford.
Class 11: Presentations - Corporate Governance and Finance
Class 12: Wrap-up
Anotace
Capitalism is often depicted as a singular economic regime, an ideal-type that countries adhere to more or less closely. This course challenges that view.
We take as our starting point that there are different typologies and legitimate models of capitalism that vary according to institutional factors. These variations can be found and studied in different Western European countries by looking at the institutional endowments of those countries in several key areas: business and labor, education and training, the welfare state, and corporate governance and finance. The theoretical inspiration for the course comes from the literature on the varieties of capitalism (VoC), and we will use that theory and its key elements both as a subject of study and a jumping off point to frame our critical exploration.
Upon achieving a firm grasp of what makes capitalism varied, we will then look more closely through this lens at different member states and their institutions in an attempt to understand their enabling and constraining effects and the way in which they enact different varieties of capitalism.