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This book argues that there is no single best institutional arrangement for organizing modern societies. Therefore, the market should not be considered the ideal and universal arrangement for coordinating economic activity. Instead, the editors argue, the economic institutions of capitalism exhibit a large variety of objectives and tools that complement each other and can not work in isolation. The various chapters of the book ask what logics and functions institutions follow and why they emerge, mature and persist in the forms they do.

 

 

AUS DEM INHALT: / Chapter 1 Coordination of Economic Actors and Social Systems of Production 1 / J. Rogers Hollingsworth and Robert Boyer / PART I THE VARIETY OF INSTITUTIONAL ARRANGEMENTS AND THEIR COMPLEMENTARITY IN MODERN ECONOMIES 49 / Robert Boyer and J. Rogers Hollingsworth / Chapter 2 The Variety and Unequal Performance of Really Existing Markets: Farewell to Doctor Pangloss? 55 / Robert Boyer / Chapter 3 A Typology of Interorganizational Relationships and Networks 94 / Jerald Hage and Catherine Alter / Chapter 4 Associational Governance in a Globalizing Era: Weathering the Storm 127 / William D. Coleman / Chapter 5 Constitutional Orders: Trust Building and Response to Change 154 / Charles F. Sabel / PART II How AND WHY DO SOCIAL SYSTEMS OF PRODUCTION CHANGE? 189 / Robert Boyer and J. Rogers Hollingsworth / Chapter 6 Beneficial Constraints: On the Economic Limits of Rational Voluntarism 197 / Wolfgang Streeck / Chapter 7 Flexible Specialization: Theory and Evidence in the Analysis of Industrial Change 220 / Paul Hirst and Jonathan Zeitlin / Chapter 8 Globalization, Variety, and Mass Production: The Metamorphosis of Mass Production in the / New Competitive Age 240 / Benjamin Coriat / Chapter 9 Continuities and Changes in Social Systems of Production: The Cases of Japan, Germany, and the United States 265 / J. Rogers Hollingsworth / PART / / / . LEVELS OF SPATIAL COORDINATION AND THE EMBBDDEDNESS OF INSTITUTIONS 311 / Philippe C. Schmitter / Chapter 10 Perspectives on Globalization and Economic Coordination / 319 / Wyn Grant / Chapter 11 Globalization in Question: International Economic Relations and Forms of Public Governance 337 / Paul Hirst and Grahame Thompson / Chapter 12 Clubs are Trump: The Formation of International Regimes in the Absence of a Hegemon 361 / Lorraine Eden and Fen Osier Hampson / Chapter 13 The Emerging Europolity and Its Impact upon National Systems of Production 395 / Philippe C. Schmitter / PAKT IV CONCLUSION 431 / Chapter 14 From National Embeddedness to Spatial and Institutional Nestedness 433 / Robert Boyer and J. Rogers Hollingsworth