Open Varieties of Capitalism: Continuity, Change and by U. Becker

By U. Becker

Proposing capitalisms as open, system-like configurations, this ebook argues 4 ideal-typical kinds (liberal, statist, corporatist, meso-communitarian) and analyzes the socio-economic performances of complicated capitalisms.

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So, the role of Community Colleges that can offer some sort of school-based apprenticeships is somewhat enhanced and the thinking about the large number of high school drop-outs has 42 Open Varieties of Capitalism been intensified. In Germany there is much fuss about the country’s comparative backlog in general education and the shortage of higherlevel vocationally trained employees. The demand for lower secondary apprentices declines at the same time that the number of juveniles not finishing or not even qualifying for the apprenticeship system has become very problematical (cf.

At the same time political economies are open social systems because of their multi-layered, contested and often contradictory reference frames consisting of goals such as competitiveness of firms and national economies as locations for investment, profitability, high wages, job security, generous social benefits and environmental care. Furthermore, they are open because of the limited capacity of the social actors to determine functionality in advance and because they feature relatively autonomous parts – particularly companies (cf.

G. unemployment and sickness and to rigid versus rather loose dismissal rules. Do different (real) varieties of capitalism require different levels of this protection (as is argued by Estevez-Abe et al. 2001 and Iversen 2005)? Functional taxes to finance the infrastructure and social security. What is the good mixture of corporate taxes, income taxes, wealth taxes and indirect taxes? Functional financing of investment, which might be done out of profits, via banks, the stock market, private capital or a combination of these possibilities.

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