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Market Liberalism and Economic Patriotism in the Capitalist World-System

Part of the International Political Economy Series Book Series

Editors: Gerőcs, Tamás; Szanyi, Miklós

DOI: 10.1007/978-3-030-05186-0

ISBN: 978-3-030-05185-3

Publisher: Springer International Publishing - Springer Journals

Feb 7, 2019

1 - 10 of 11 Chapters

LitStream

Chapter 1Introduction

Szanyi, Miklós

Pages: 1 –7

[The volume is a concerted effort to detect the direction of economic patriotism after the world economic crises in 2008. If the prediction that state-permeated economies will soon play a defining role proves to be correct, we can expect major changes in the multilateral institutional...
LitStream

Chapter 2Economic Patriotism, the Politics of Market-Making, and the Role of the State in Twenty-First-Century Capitalism

Clift, Ben

Pages: 9 –20

[This chapter demonstrates the worth of economic patriotism (EP), and its particular way of understanding the politics of market-making and the role of the state, for understanding the limits of control. EP reflects profound if not self-evident contradictions between international market...
LitStream

Chapter 3Liberal Versus Organised Capitalism: A Historical-Comparative Perspective

Nölke, Andreas; May, Christian

Pages: 21 –42

[This chapter develops a research programme for comparing different stages of capitalism, using a fundamental juxtaposition of liberal and organised phases of capitalism. Departing from historically comparative theories of capitalism, we sketch a heuristic model that draws especially on Polanyi’s...
LitStream

Chapter 4Dependent Market Economies and Wage Competition in Central and Eastern Europe

Drahokoupil, Jan; Piasna, Agnieszka

Pages: 43 –66

[Wages in Eastern Europe are much lower than wages in Western Europe. The large differences remain also if we adjust for differences in price levels. This chapter assesses the extent to which wage differences between East European countries and Germany can be explained by differences in...
LitStream

Chapter 5The Place of Rent-Seeking and Corruption in Varieties of Capitalism Models

Mihályi, Péter; Szelényi, Iván

Pages: 67 –97

[We make a critical distinction between inequalities arising from profits and wages on the one hand and inequalities arising from rents on the other. Arguably, if rent-seeking exceeds profit-seeking, it creates legitimation problems for market capitalism and may lead to economic stagnation or...
LitStream

Chapter 6The Emergence of the Patronage State in Central Europe: The Case of FDI-Related Policies in Hungary Since 2010

Szanyi, Miklós

Pages: 99 –126

[Hungary was regarded a success story of FDI-led development model in Central and Eastern Europe during the 1990s. The country underwent fundamental economic changes which resulted in sound macroeconomic performance. Neighbouring countries could caught-up in FDI attraction instead of FDI...
LitStream

Chapter 7Member State Economic Patriotism and EU Law: Legitimate Regulatory Control Through Proportionality?

Varju, Márton; Papp, Mónika

Pages: 127 –151

[The policies developed by governments for the national economy and their implementation fall under far-reaching restrictions imposed by EU law. These follow from substantive legal provisions as well as from the legal principles of necessity and proportionality, the latter applied in the context...
LitStream

Chapter 8Economic Patriotism and Liberalism in Present-Day France: Changing Role of the State in French Economy

Somai, Miklós

Pages: 153 –168

[This chapter presents an overview of how the role of the state in France’s economy has been continuously changing since the 1930s. The first section describes the three waves of nationalizations of the past century, and the logic and ideas they were based on. The second section goes through the...
LitStream

Chapter 9The Resistance Economy: Iranian Patriotism and Economic Liberalisation

Rózsa, Erzsébet N.; Szigetvári, Tamás

Pages: 169 –182

[The Islamic Republic of Iran is a unique case in the global economic system. The new experimental model initiated by and established after the Islamic revolution in 1979 was based on the concept of total independence from foreign influence, including economic independence. In recent years,...
LitStream

Chapter 10New Developmental Experiments in Two Emerging Economies: Lessons from Brazil and Egypt

Ricz, Judit

Pages: 183 –212

[The chapter investigates recent experiments of the state-led development approach in Brazil and Egypt in the light of their most recent difficulties. The comparative study applies an institutional and political economy approach to highlight similarities and differences: Brazil’s pro-poor and...

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