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Capitalisms and Capitalism in the Twenty-First Century
Edited by Glenn Morgan and Richard Whitley
400 pages
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Numerous tables and figures
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234x156mm
978-0-19-969476-1
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Hardback
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26 April 2012
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- Includes discussion of Europe, US, Latin America, and Asia
- Interdisciplinary approach, bringing together perspectives from political scientists, economists, and business and management scholars
- Draws on both empirical material and theoretical debates
The early twenty-first century is witnessing both an increasing internationalization of many markets, firms, and regulatory institutions, and a reinforcement of the key role of nation states in managing economic development, financial crises, and market upheavals in many OECD and developing economies. Drawing on a variety of interdisciplinary perspectives from leading US and European scholars, this book analyses how capitalism and national capitalisms are changing in this context. It focuses on the economic rise of new countries such as the BRICs, the increasing influence of regional organizations such as the EU and NAFTA, and new forms of private and public
international regulation. It also considers how states are adapting their economic policies and processes in this new environment, and the consequences of these adaptations for inequality and risk within different societies.
These changes are linked to how firms are developing new strategies for organizing global value chains and the application of scientific knowledge to the commercialization of products in contexts where financial markets are becoming more uncertain and crisis prone, and where different groups are making new demands for more effective forms of corporate governance and corporate social responsibility. Drawing on examples from Europe, North and Latin America, and Asia, it illustrates the complex ways in which different forms of national capitalism
are adapting and changing their institutions in response to international financial markets, the global financial crisis, the development of cross-border value chains, and expansion of multinational firms.Readership: Academics and researchers in business and management, political science, and sociology
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Edited by Glenn Morgan, Professor of International Management, Cardiff Business School, University of Cardiff, and Richard Whitley, Emeritus Professor of Organizational Sociology, Manchester Business School, University of Manchester Glenn Morgan is Professor of International Management at Cardiff Business School. He was previously Professor of Organizational Behaviour at Warwick Business School. He is a visiting Professor at the Department for Business and Politics at Copenhagen Business School. He was editor of the journal Organization from 2003-8.
Richard Whitley is Emeritus Professor of Organizational Sociology at Manchester Business School, University of Manchester. Recent authored and edited books include: Reconfiguring Knowledge Production (2010), Business Systems and Organizational Capabilities (2007), Changing Capitalisms? (2005), The Multinational Firm (2001), Divergent Capitalisms (1999) (all published by Oxford University Press), and Competing Capitalisms (2002) (Edward Elgar). He has edited two special issues of Organization Studies, one on The Dynamics of Innovation Systems (2000) and one on Institutions, Markets and Organisations (2005). In 1998-99 he served as the Chair of the European Group for Organizational Studies and in 1999-2000 was the President of the Society for the Advancement of Socio-economics. In
2007 he was elected a Foreign Member of the Royal Swedish Academy of Letters, History, and Antiquities. Contributors: Ruth V. Aguilera, University of Illinois at Urbana-Champaign, USA Jennifer Bair, University of Colorado at Boulder, USA Steven Casper, Keck Graduate Institute of Applied Life Sciences, Claremont, California, USA Ben Clift, Warwick Business School, University of Warwick, UK. Colin Crouch, Warwick Business School, University of Warwick, UK Marie-Laure Djelic, ESSEC, Paris, France Francesco Duina, Bates College (USA) & Copenhagen Business School (Denmark) Volkmar Gessner, University of
Bremen, Germany Michel Goyer, Warwick Business School, University of Warwick, UK Luiz Ricardo Kabbach de Castro, Universitat de les Illes Balears, Spain Peer Hull Kristensen, Copenhagen Business School, Denmark. Barbara Krug, Erasmus University, the Netherlands. Jun Ho Lee, University of Illinois at Urbana-Champaign, USA Matthew Mahutga, University of California at Riverside, USA Glenn Morgan, Cardiff Business School, Cardiff University, UK Sigrid Quack, Max Planck Institute for the Study of Societies, Cologne, Germany Grahame Thompson Copenhagen Business School, Denmark and Open University, UK. Andrew Tylecote, the Management School, University of Sheffield, UK. Richard
Whitley, Manchester Business School, University of Manchester, UK Cornelia Woll, Sciences-Po, Paris, France. Jihae You, University of Illinois at Urbana-Champaign, USA
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1: Glenn Morgan and Peer Hull Kristensen: Theoretical Contexts and Conceptual Frames for the Study of Twenty-First Century Capitalisms
Section 1: Political Authority and the Nation State in Twenty-First Century Capitalism
2: Francesco Duina: Trading Blocks in the Twenty-First Century: Complexity and Consequences
3: Ben Clift and Cornelia Woll: The Revival of Economic Patriotism
4: Colin Crouch: National Varieties of Labour Market Exposure
Section 2: The International Context of Economic Organization
5: Glenn Morgan and Michel Goyer: Is there a Global Financial System? The Locational Antecedents and Institutionally Bounded Consequences of the Financial Crisis?
6: Volkmar Gessner: Enabling Global Business Transactions: Relational and legal mechanisms
7: Marie-Laure Djelic and Sigrid Quack: Transnational Governance through Standard Setting: The role of transnational communities
8: Andrew Tylecote: Innovation versus Going South: A Strategic Challenge for Capitalism in the Early Twenty-First Century
Section 3: The Organization of Firms and Markets in Twenty-First Century Capitalism
9: Richard Whitley: Internationalization and the Institutional Structuring of Economic Organization: Changing Authority Relations in the Twenty-First Century
10: Steven Casper: Public Research Systems, Career Structures, and the Commercialization of Academic Science in Different Capitalisms
11: Jennifer Bair and Matthew Mahutga: Varieties of Offshoring? Spatial Fragmentation and the Organization of Production in Twenty-First Century Capitalism
12: Grahame Thompson: What is Happening to Corporations and What of their Future?
13: Ruth Aguilera, Luiz Ricardo Kabbach de Castro, Jun Ho Lee, and Jihae You: Corporate Governance in Emerging Markets
14: Barbara Krug: Political Embeddedness in China: Strengths and Limitations
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The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.
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