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date: 27 September 2021

p. 574. Is capitalism everywhere the same?locked

p. 574. Is capitalism everywhere the same?locked

  • James Fulcher


‘Is capitalism everywhere the same?’ considers the diversity and/or uniformity of capitalist societies today by looking at the development and transformation of three systems of managed capitalism in Sweden, the United States, and Japan. In all three, capitalist industrialization generated class organization and conflict, and attempts by governments to manage its problems. Each created its own version of welfare capitalism. Each has recently tried to solve the problems generated by managed capitalism by allowing market forces greater freedom. Increased international competition and globalization have promoted remarketization in all three countries, but each country has remarketized at its own speed and in its own way.

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