Front cover image for Capitalism unleashed : finance, globalization, and welfare

Capitalism unleashed : finance, globalization, and welfare

Publisher description: Provides a concise history of the problems facing the economies of Europe, Japan, and the US during the latter half of the twentieth century and questions whether capitalism has really brought the levels of economic growth and prosperity that were hoped for. Andrew Glyn then looks at the impact that the rapidly developing economies of China and the South are likely to have on the older economies of the North. As the race is on to maintain growth and protect competitive advantage, Glyn asks if the "race-to-the bottom" is inevitable as the anti-globalizers predict, with welfare states being dismantled to meet competitive demands, or is there an alternative model, which sees a strong commitment to welfare provision as essential to economic growth?
Print Book, English, 2007
Oxford University Press, Oxford, 2007
xv, 242 pages : illustrations ; 24 cm
9780199226795, 9780199291991, 0199226792, 0199291993
123374298
Challenges to capital
Austerity, privatization and deregulation
Finance and ownership
Globalization and international economic relations
Labour's retreats
Growth and stability
Welfare and income inequality
Originally published: 2006