Transformations of Capitalism : Economy, Society, and the State in the Modern Times

by Dahms, Harry F.

• ISBN13: 9780814719039
• ISBN10: 0814719031
• Format: Paperback
• Copyright: 1999-01-01
• Publisher: New York University Press

Summary

A diverse, complex, and stable, yet volatile system, capitalism has undergone fundamental transformations over the past century. Entrepreneurial capitalism has become increasingly managerial and corporate in nature. No longer dominated by industrial production, capitalist economies are now geared toward supplying services and toward integrating the working class into capitalist society. Individual companies have given rise to complex relationships between state, economy, and multinational corporations.Focusing on the structural shifts in advanced political economies, this volume brings to light trends that occur "below" the surface of economic activity. The essays identify the basic patterns of those transformations and their implications--social, political, and economic--for contemporary and future capitalisms.Contributors: Walter Adams, Raymond Aron, Joseph Bensman, Adolph A. Berle, Jr., Fred L. Block, Barry Bluestone, Alfred D. Chandler, Jr., Neil Fligstein, John Kenneth Galbraith, Robert Gilpin, Bennett Harrison, Gerald K. Helleiner, Bill Jordon, John Maynard Keynes, Charles P. Kindleberger, Joyce Kolko, Gardiner C. Means, Claus Offe, Karl Polanyi, Joseph Schumpeter, Barbara Stallings, Wolfgang Streeck, Thorstein Veblen, Arthur J. Vidich, John Zysman.

Table of Contents

Series Preface	ix
Robert Jackall
Arthur J. Vidich
Introduction	1	(32)
Harry F. Dahms
Part I The Rise of ``Big Business'': Industrial Society between Economic Concentration and finance Capitalism
The Role of Business in the United States: A Historical Survey (1972)	33	(18)
Alfred D. Chandler, Jr.
The Industrial System of the New Order: Business vs. Manufacturing (1923)	51	(15)
Thorstein Veblen
The Concentration of Economic Power (1932)	66	(20)
Adolph A. Berle, Jr.
Gardiner C. Means
Industrial Society: On the Convergence of Capitalism and Socialism (1961)	86	(15)
Raymond Aron
Part II Laissez-faire in Decline: from the Great Depression into the Post-war Era
The End of Laissez-faire (1926)	101	(20)
John Maynard Keynes
An Explanation of the 1929 Depression (1973)	121	(16)
Charles P. Kindleberger
Our Obsolete Market Mentality (1947)	137	(14)
Karl Polanyi
Capitalism in the Postwar World (1943)	151	(16)
Joseph A. Schumpeter
Part III The Golden Age of Capitalism: Large Corporations and the Regulatory State
The Technostructure, the Industrial System and the State (1967)	167	(17)
John Kenneth Galbraith
The Military-industrial Complex and the New Industrial State (1968)	184	(17)
Walter Adams
Planning, Corporatism, and the Capitalist State (1985)	201	(21)
Bill Jordan
Some Contradictions of the Modern Welfare State (1981)	222	(17)
Claus Offe
Part IV Restructuring Business, Labor, and Government: Deindustrialization, Entrepreneurialism, and the Decline of Labor
Closed Plants, Lost Jobs: Consequences of Deindustrialization (1982)	239	(18)
Barry Bluestone
Bennett Harrison
Toward a Policy Agenda for Competitiveness (1987)	257	(17)
Stephen S. Cohen
John Zysman
Restructuring and the Working Class (1988)	274	(22)
Joyce Kolko
The Social Construction of Efficiency (1990)	296	(21)
Neil Fligstein
Part V Multinational Corporations Prepare the Global Economy: The Integration of Markets and the Erosion of the Nation-State
The International Monetary Order in Crisis (1977)	317	(25)
Fred L. Block
American Society Since the Golden Age of Capitalism (1987)	342	(22)
Joseph Bensman
Arthur J. Vidich
The Multinational Corporations and International Production (1987)	364	(21)
Robert Gilpin
The New Global Economy: Problems and Prospects (1990)	385	(13)
Gerald K. Helleiner
Capitalisms in Conflict? The United States, Europe, and Japan in the Post-Cold War World (1995)	398	(18)
Barbara Stallings
Wolfgang Streeck
Epilog	416	(17)
Harry F. Dahms
Acknowledgments	433	(3)
Notes on the Contributors	436	(7)
Index of Names	443	(6)
Index of Subjects	449