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Author Marangos, John, 1962-

Title Consistency and viability of capitalist economic systems / by John Marangos
Published New York, NY : Palgrave Macmillan, [2013]
Online access available from:
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Description 1 online resource
Contents Introduction -- Consistency and viability of economic systems -- Consistency and viability of market capitalism -- Great Britain. From Atlee's postwar consensus and welfare state to Thatcher's free market economy -- Postwar Japan: from the economic miracle to the bubble economy -- The European Union as an economic system. From the European coal and steel community to the euro -- Sweden. From "Third way" to joining the European Union
Summary The ultimate survival of an economic system depends on whether or not the interrelationships between its institutions and its members are consistent with each other. "Consistency and Viability of Capitalist Economic Systems" develops an original analytical framework to understand the relationship between the economic, political, and ideological structures, the external environment, and the process of reform that give rise to certain economic systems by establishing consistency. Consistency, however, is not enough; a consistent economic system must be flexible and have the internal mechanisms to be able to adapt to changes in social reality, thus making possible its survival over time. In other words, the economic system is viable when it is able to encourage increases in labor productivity and there is popular support. Thus the economic system, in its broad social science context, must be both consistent and viable. Economic systems examined in this text are the capitalist economics systems of Great Britain, Japan, European Union and Sweden
Bibliography Includes bibliographical references and index
Notes Print version record
Subject Capitalism -- Developed countries -- History -- 20th century.
Economic history -- 19th century.
Economic history -- 20th century.
Developed countries -- Economic policy -- 20th century.
Genre/Form History.
Form Electronic book
LC no. 2012046503
ISBN 0230110606
1137080876 (electronic bk.)
9781137080875 (electronic bk.)