A Comparative Political Economy of Industrial Capitalism

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R. C. Mascarenhas

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Table of contents (11 chapters)

About this book

Introduction
This comparative study of industrial capitalism is an examination of state-economy relations in mixed economies ranging from the interventionist German and Japanese to the less interventionist Anglo-American. Following the postwar consensus that resulted in the 'golden age' (1950-1973) and ended with the energy crisis, the Anglo-American economies adopted neoliberalism while Germany and Japan remained interventionist. This resulted in the emergence of national types of capitalism. While analyzing the increased competition between them, R.C.Mascarenhas also notes the influence of globalization as well as 'alternative capitalism' with the survival and re-emergence of industrial districts.

Keywords
competitioneconomyGermanyglobalizationInstitutioninterventionneoliberalismpolitical economy

Authors and affiliations
R. C. Mascarenhas
Department of Political Science 

University of Melbourne Australia

DOIhttps://doi.org/10.1057/9780230597808
Copyright InformationPalgrave Macmillan, a division of Macmillan Publishers Limited 2002
Publisher NamePalgrave Macmillan, London 

Introduction
R. C. Mascarenhas
Pages 1-5

Historical, Institutional and Philosophical Foundations of Capitalism
Front Matter
Pages 7-7

Comparative Political Economy: An Institutionalist Approach
R. C. Mascarenhas
Pages 9-29

Developments in Modern Industrial Capitalism
R. C. Mascarenhas
Pages 30-44

State and the Economy
R. C. Mascarenhas
Pages 45-63

Recent Developments and Changes in Industrial Organization
Front Matter
Pages 65-65


Changing Nature of Capitalism: Large-Scale Enterprises
R. C. Mascarenhas
Pages 67-95

Globalization and Its Effects on Capitalism
R. C. Mascarenhas
Pages 96-112

Alternative Models of Capitalism
R. C. Mascarenhas
Pages 113-132

Comparative Studies of Modern Capitalism
Front Matter
Pages 133-133


Types of Capitalism: Anglo-American
R. C. Mascarenhas
Pages 135-166

German Capitalism: The Social Market Model
R. C. Mascarenhas
Pages 167-198

Japan: The East Asian Developmental State
R. C. Mascarenhas
Pages 199-225

Comparative Perspective of Industrial Capitalism
R. C. Mascarenhas

Pages 226-233

Agrarian Political Economy and Modern World Capitalism: the
Contributions of Food Regime Analysis
Henry Bernstein
Global governance/politics, climate justice & agrarian/social justice:  
linkages and challenges
An international colloquium
4‐5 February 2016
Colloquium Paper No. 55

International Institute of Social Studies (ISS)
Kortenaerkade 12, 2518AX
The Hague, The Netherlands

The Development of Labor under Contemporary Capitalism

RINA AGARWALA 
Johns Hopkins University 

 ABSTRACT 

This paper offers a revised theoretical model to understand the historical development of labor under capitalism. Drawing on Antonio Gramsci, Karl Polanyi, and Nancy Fraser, the revised model highlights how state politics and ideologies have reshaped formal and informal labor to fuel evolving accumulation models since the 1950s. It also deepens our analysis of the potential and limits of labor’s contemporary counter movements. Potential advances must be read in terms of increased protection and increased recognition relative to earlier eras. Limits must be read relative to the hegemonic forces splintering workers’ counter movements. Applying the revised model to the empirical case of Indian informal workers in various sectors, I illustrate how the Indian state used informal workers as a political actor (not just an economic actor) to organize consent for a powerful new hegemonic project of market reforms (of the Gramscian variety) that undid labor’s twentieth-century gains and empowered large businesses, but retained democratic legitimacy with the mass labor force. I also expose and evaluate two kinds of counter movements emerging from below by Indian workers: self-protection movements (of the Polanyian variety) and emancipatory/recognition movements (of the Fraserian variety). India’s recent hegemonic project enabled informal workers to counteract the dehumanizing effects of labor commodification by offering an alternative labor protection model. This model has the potential to redefine the working class (and its protection) to include multiple employment relationships for the first time. It also promises to recognize the social relations between multiple categories of vulnerable populations, reminding us that caste, gender, and class are mutually constitutive (rather than mutually exclusive). But this model is highly constrained by contemporary hegemonic forces, highlighting the complex relationship of society to state—one of contestation and, for the sake of survival, collaboration. 

KEYWORDS labor, development, hegemony, countermovements, recognition, informal labor

RODNEY HILTON, MARXISM AND THE TRANSITION FROM FEUDALISM TO CAPITALISM*

S. R. EPSTEIN in C. Dyer, P. Coss, C. Wickham eds. 
Rodney Hilton’s Middle Ages 400-1600, 
Cambridge UP 2006
A founding member of the Historians’ Group of the Communist Party, of the journal Past and
Present, and of a distinctive and distinguished School of History at the University of
Birmingham, Rodney Hilton was among the most notable medieval historians of the latter
half of the twentieth century. He was also the most influential of a small number of Marxist
medievalists in Britain and Continental Europe who practised their craft before the
renaissance of Marxist and left-wing history after 1968. Surprisingly, therefore, his work’s
historiographical and theoretical significance has not attracted much attention.1
Although Hilton was, first and foremost, a ‘historian’s historian’, and made his most
lasting contributions to the fields of English social, agrarian, and urban history, his
engagement with Marxist historical debates cannot be lightly dismissed.2
 Hilton’s Marxism, a central feature of his self-understanding as a historian, reflects both strengths and weaknesses of British Marxist historiography in its heyday, and his interpretation of a locus classicus of Marxist debate, the transition from feudal to capitalist modes of production, still carries
considerable weight among like-minded historians.

Modern Capitalism It's Origin and Evolution 
Henri Sée 
Honorary Professor, University of Rennes 
Translated by Homer B. Vanderblue 
Professor of Business Economics and Georges F. Doriot Associate Professor of Manufacturing Graduate School of Business Administration Harvard University
 George F. Baker Foundation
1928

BATOCHE BOOKS 2004 PDF

Contents
Foreword .......................................................................................................................5
Preface ...........................................................................................................................7
Chapter 1: Introduction ................................................................................................ 10
Chapter 2: The First Manifestations of Capitalism....................................................... 12
Chapter 3: The Beginning of Modern Times ................................................................ 26
Chapter 4: Capitalism in the Sixteenth Century: Maritime Commerce and Colonial
Expansion ................................................................................................................ 35
Chapterr 5: Commercial and Financial Capitalism in the Seventeenth Century ............ 45
Chapter 6: The Expansion of Commercial and Financial Capitalism in the Eighteenth
Century..................................................................................................................... 62
Chapter 7: The Progress of Capitalism and the Breakdown of the Colonial System... 72
Chapter 8: The Beginnings of Industrial Capitalism: The Factory System .................. 83
Chapter 9: The Progress of Capitalism in the Nineteenth Century ............................... 95
Chapter 10: Social Repercussions ............................................................................. 106
Chapter 11: Conclusion.............................................................................................. 119
Notes.......................................................................................................................... 125
Bibliography ............................................................................................................... 139

Chapter 2 – Contradictions of Capitalism
Chapter (PDF Available) · September 2018 
DOI: 10.3362/9781780447117.002
In book: Critical Development Studies: An Introduction, pp.26-53

 Cite this publication


Henry Veltmeyer
Autonomous University of Zacatecas


Raúl Delgado Wise
Autonomous University of Zacatecas

CAPITALISM AND DEVELOPMENT 
LESLIE SKLAIR
The book seeks to clarify the histories and theories of capitalist development. It provides an introduction to the main theories of capitalist development and critiques of the main problems that capitalist development still has to solve around the world. These critiques are grounded in studies of key sectors of capitalist development—electronics, automobiles, agribusiness, apparel, tourism and the cross-cutting areas of commodity chains and women’s work. These chapters ask if capitalism cannot ‘develop the Third World’ through these industries, then how can it do so at all? The contributors argue that not even the most enthusiastic proponents of the capitalist road to development would argue that capitalism has solved all its problems in the Third World. The book will interest students in Social Science, development and international business studies courses; the public interested in ‘Third World’ issues; and people working in development agencies of various types.
 Leslie Sklair is Reader in Sociology at the London School of Economics. He has been a consultant for the United Nations Centre on Transnational Corporations, the UN Commission on Latin America, the ILO and the Office of Technology Assessment, US Congress. 
Contributors: Henry Bernstein; Richard Child Hill; Mahmoud Dhaouadi; Diane Elson; Gary Gereffi; David Harrison; Jeffrey Henderson; Rhys Jenkins; Yong Joo Lee; Kyong-Dong Kim; Philip McMichael; Maria Mies; Ronaldo Munck; Ruth Pearson; Laura Raynolds; Michael Redclift; Leslie Sklair; Immanuel Wallerstein.

PUBLISHED 1994

THE CAPITALIST STATE

The Political Economy of Capitalism - Harvard Business School

Bruce R. Scott 

 #07-037 

Abstract 

Capitalism is often defined as an economic system where private actors are allowed to own and control the use of property in accord with their own interests, and where the invisible hand of the pricing mechanism coordinates supply and demand in markets in a way that is automatically in the best interests of society. Government, in this perspective, is often described as responsible for peace, justice, and tolerable taxes. This paper defines capitalism as a system of indirect governance for economic relationships, where all markets exist within institutional frameworks that are provided by political authorities, i.e. governments. In this second perspective capitalism is a three level system much like any organized sports. Markets occupy the first level, where the competition takes place; the institutional foundations that underpin those markets are the second; and the political authority that administers the system is the third. While markets do indeed coordinate supply and demand with the help of the invisible hand in a short term, quasi-static perspective, government coordinates the modernization of market frameworks in accord with changing circumstances, including changing perceptions of societal costs and benefits. In this broader perspective government has two distinct roles, one to administer the existing institutional frameworks, including the provision of infrastructure and the administration of laws and regulations, and the second to mobilize political power to bring about modernization of those frameworks as circumstances and/or societal priorities change. Thus, for a capitalist system to evolve in an effective developmental sense through time, it must have two hands and not one: an invisible hand that is implicit in the pricing mechanism and a visible hand that is explicitly managed by government through a legislature and a bureaucracy. Inevitably the visible hand has a strategy, no matter how implicit, short sighted or incoherent that strategy may be. 

The birth of capitalism - by H Heller - ‎2011 - 

BOOK PDF
Heller, Henry 
Book — Published Version The birth of capitalism: A twenty-first-century perspective The Future of World Capitalism Provided in Cooperation with: Pluto Press Suggested Citation: Heller, Henry (2011) : The birth of capitalism: A twenty-first-century perspective, The Future of World Capitalism, ISBN 978-1-84964-613-0, Pluto Press, London

The Future of World Capitalism Series editors: Radhika Desai and Alan Freeman The world is undergoing a major realignment. The 2008 financial crash and ensuing recession, China’s unremitting economic advance, and the uprisings in the Middle East, are laying to rest all dreams of an ‘American Century’. This key moment in history makes weighty intellectual demands on all who wish to understand and shape the future. Theoretical debate has been derailed, and critical thinking stifled, by apologetic and superficial ideas with almost no explanatory value, ‘globalization’ being only the best known. Academic political economy has failed to anticipate the key events now shaping the world, and offers few useful insights on how to react to them. The Future of World Capitalism series will foster intellectual renewal, restoring the radical heritage that gave us the international labour movement, the women’s movement, classical Marxism, and the great revolutions of the twentieth century. It will unite them with new thinking inspired by modern struggles for civil rights, social justice, sustainability, and peace, giving theoretical expression to the voices of change of the twenty-first century. Drawing on an international set of authors, and a world-wide readership, combining rigour with accessibility and relevance, this series will set a reference standard for critical publishing. Also available: Remaking Scarcity: From Capitalist Inefficiency to Economic Democracy Costas Panayotakis

Studies In The Development Of Capitalism (1946) PDF

by MAURICE DOBB Publication date 1946

Books Received
Published: 05 April 1947
Studies in the Development of Capitalism
 Revolution of Environment
MAURICE BRUCE

Nature volume 159, pages 452–453(1947)Cite this article

Abstract

THOUGH widely different in subject-matter and approach, both these books are attempts to illuminate tendencies of the present by the analysis and synthesis of historical material, and both are concerned with the new opportunities for the development of civilization that now present themselves. In his introduction Dr. Gutkind directs attention to “the discrepancy between social conditions and the economic and technological possibilities” of the modern world, and calls for “an adjustment to new ways of life” by a “revolution of environment” that will produce a more balanced life within and between the nations. Mr. Dobb is concerned primarily with historical analysis, but he, too, has something to say of present trends, and his conclusions are of particular interest at a moment when the problems arising from a policy of 'full employment' and from the economic difficulties of Great Britain are so much in the air.

Studies in the Development of Capitalism
By Maurice Dobb. Pp. ix + 396. (London: George Routledge and Sons, Ltd., 1946.) 18s. net.

Revolution of Environment
By E. A. Gutkind. (International Library of Sociology and Social Reconstruction.) Pp. x + 454 + 74 plates. (London: Kegan Paul and Co., Ltd., 1946.) 30s. net.

Dobb on the transition from feudalism to capitalism

Robert Brenner

Cambridge Journal of Economics, Volume 2, Issue 2, June 1978, Pages 121–140, https://doi.org/10.1093/oxfordjournals.cje.a035381