Mapping the typology of transition systems in a liberal market economy: the case of Canada

2018 ◽  
Vol 31 (2) ◽  
pp. 125-143 ◽  
Author(s):  
Christine Helen Arnold ◽  
Leesa Wheelahan ◽  
Gavin Moodie ◽  
Jacqueline Beaulieu ◽  
Jean-Claude Taylor-Cline
Keyword(s):  
Market Economy ◽  
Transition Systems ◽  
Liberal Market Economy

scholarly journals Preferred forms of market economy among social classes in Serbia analysis of WVS/EVS data 1996-2008

Sociologija ◽  
2018 ◽  
Vol 60 (3) ◽  
pp. 614-634
Author(s):  
Gorana Djoric
Keyword(s):  
Market Economy ◽  
Private Property ◽  
Two Dimensions ◽  
Value Orientations ◽  
Situational Factors ◽  
Individual Responsibility ◽  
Social Market Economy ◽  
Socialist Economy ◽  
Market Socialism ◽  
Liberal Market Economy

Paper analyses preferred forms of market economy among classes in Serbia, based on the extent to which their members accept different characteristics of market economy. It contributes to the analysis of value orientations of classes in Serbia, though in somewhat different interpretative framework, on different data and with different specification of market economy characteristics. Rejection of liberal market economy is interpreted as possible preference for a different form of market economy, not necessarily as acceptance of redistributive statism, characterizing socialist economy. Analysis is conducted on the level of attitudes, in order to capture the influence of changeable situational factors, in addition to influence of deeper and stable value dispositions. Preferences for particular forms of market economy and their change is analysed on WVS/EVS data, from 1996. to 2008. By the means of factor analysis two dimensions are extracted determining the extent of acceptance of competition and private property, on the one side, and of individual responsibility for ones wellbeing and resulting inequality of income (without state redistribution), on the other. The two dimensions define the space within which classes position themselves regarding their preferences for liberal market economy, social market economy, market socialism and overall rejection of market economy. [Project of the Serbian Ministry of Education, Science and Technological Development, Grant no. 179074: Tradicija, modernizacija i nacionalni identitet u Srbiji i na Balkanu u procesu evropskih integracija]

The UK: Less a liberal market economy, more a post-imperial one

2014 ◽  
Vol 38 (1) ◽  
pp. 171-182 ◽  
Author(s):  
David Coates
Keyword(s):  
Market Economy ◽  
Detailed Examination ◽  
Varieties Of Capitalism ◽  
The Us ◽  
Global Understanding ◽  
Comparative Capitalisms ◽  
The Uk ◽  
Distinguishing Features ◽  
Liberal Market Economy

This article adds a new element to the growing critique of the original varieties of capitalism (VoC) distinction between liberal and coordinated market capitalisms by questioning the usefulness of the liberal market economy (LME) category itself. It demonstrates that many of the distinguishing features of the LME category are – in the US and UK cases at least – best explained by those economies’ external global and hegemonic role, rather than by their internal institutional complementarities. Imperialism holds the key to liberalism – a key demonstrated here by a detailed examination of the UK case. The lessons for the study of comparative capitalisms are major: a total setting aside of the LME/CME distinction, and a return to the building of a global understanding of capitalism which is more than the sum of its individual parts. In order to understand LMEs, you need to understand imperialism; and to understand imperialism, you have to engage again with a revitalised Marxism.

Small States, Nationalism and Institutional Capacities: An Explanation of the Difference in Response of Ireland and Denmark to the Financial Crisis

2015 ◽  
Vol 56 (1) ◽  
pp. 143-174 ◽  
Author(s):  
John L. Campbell ◽  
John A. Hall
Keyword(s):  
Financial Crisis ◽  
Market Economy ◽  
Banking Sector ◽  
Financial Burden ◽  
State Intervention ◽  
Small States ◽  
2008 Financial Crisis ◽  
The Difference ◽  
The 2008 Financial Crisis ◽  
Liberal Market Economy

AbstractThis paper uses theories of small states (e.g. Katzenstein) and nationalism (e.g. Gellner) to explain why Denmark and Ireland responded to the 2008 financial crisis in different ways. In Denmark, a coordinated market economy with considerable corporatism and state intervention, the private sector shouldered much of the financial burden for rescuing the banking sector. In Ireland, a liberal market economy without much corporatism or state intervention, the state shouldered the burden. The difference stems in large part from the fact that Denmark had comparatively thick institutions and a strong sense of nationalism whereas Ireland did not. Lessons for the theories of small states and nationalism are explored.

scholarly journals Double “Class”. On the Popularization of Dr. Martens

2021 ◽  
Author(s):  
Arthur Crucq
Keyword(s):  
Market Economy ◽  
Capitalist Society ◽  
Functional Design ◽  
Scholarly Literature ◽  
The Social ◽  
Design Objects ◽  
The 1960S ◽  
Liberal Market Economy

In this paper processes of appropriation and commodification are discussed from the perspective of subcultures and their relation to class. Dr. Martens boots are discussed as a specific case-study. They were appropriated in the 1960s by British Skinheads to signify their working-classness. Besides being functional, design objects are apparently endowed with meaning and these can vary depending on different modes of appearance, on different styles. Today Dr. Martens, is primarily a fashion-item. This calls into question to what extent commercialization undermines the potential of design objects to be endowed with meaning. By critically discussing recent scholarly literature on subcultures and style I will explain how in recent decades the dynamics of the neo-liberal market economy with its emphasis on consumption, facilitated a further commodification of style-objects as desirable value-objects. What will be argued successively is that appropriation and commodification in late capitalist society might obscure but not obliterate the social realities of class that lie hidden beneath the flux of images in which we are engulfed today.

Left-Turn Ahead in the UK Economy: The Johnson Factor

2021 ◽  
pp. 87
Author(s):  
Inna Podkolzina
Keyword(s):  
Market Economy ◽  
Paradigm Shift ◽  
Main Risk Factor ◽  
Left Turn ◽  
The Public ◽  
Conservative Government ◽  
Post War ◽  
The Uk ◽  
Regulatory Functions ◽  
Liberal Market Economy

The paper identifies the key features and specific nature of the economic strategy adopted by Boris Johnson’s conservative government. The record growth of the public sector net borrowing in the post-war era is viewed as the main risk factor to the strategy implementation. The author concludes that liberal market economy in the UK has been gradually morphing into a coordinated market economy. The paradigm shift expresses itself in the deviation from economic neoliberalism to the idea of ‘one-nation conservatism’ adapted to modern trends. In practice, this means reinforcement of the redistributive and regulatory functions of the state, as well as transition from the consumption-led to export-led growth model.

Varieties of capitalism and the Estonian economy: Institutions, growth and crisis in a liberal market economy

2013 ◽  
Vol 46 (4) ◽  
pp. 493-501 ◽  
Author(s):  
Magnus Feldmann
Keyword(s):  
Corporate Governance ◽  
Market Economy ◽  
Economic Performance ◽  
Global Financial Crisis ◽  
Classical Model ◽  
Varieties Of Capitalism ◽  
Key Features ◽  
Governance Institutions ◽  
The Global Financial Crisis ◽  
Liberal Market Economy

This article examines Estonia’s economic institutions, performance and vulnerability to the global economic crisis in the context of the varieties of capitalism framework. It shows that Estonia shares many characteristics of a liberal market economy, but that there are also some features which do not fit the classical model, notably its corporate governance institutions. It also suggests that the varieties of capitalism framework can account for key features of Estonia’s economic performance, including its growth trajectory and adjustment to the global financial crisis. The article also reflects on the broader significance of these findings for understanding post-communist capitalism.

scholarly journals The Changing Role of CEOs in Dutch Listed Companies, 1957–2007

2021 ◽  
pp. 1-35
Author(s):  
KEETIE SLUYTERMAN ◽  
GERARDA WESTERHUIS
Keyword(s):  
Climate Change ◽  
Institutional Change ◽  
Market Economy ◽  
Historical Context ◽  
Listed Companies ◽  
Liberal Market Economies ◽  
Changing Role ◽  
Selection Of ◽  
Liberal Market Economy

This paper looks at the position of CEOs in Dutch listed companies in the context of institutional change. Following up on discussions on Varieties of Capitalism and the contrasts between coordinated and liberal market economies, we explore the position of the CEO in the Netherlands in the second half of the twentieth century. On the basis of our database of Dutch CEOs, as well as an analysis of articles and published interviews, we show that the move toward a more liberal market economy had a clear impact on the position of CEOs and on the way their role was perceived. This paper highlights the importance of studying leaders in their historical context, with implications for the selection of future CEOs as they face increasing pressure on issues such as inequality and climate change.

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