Governing Capitalist Economies: Performance and Control of Economic Sectors

by J. Rogers Hollingsworth (Editor), Philippe C. Schmitter (Editor)

This comparative analysis of the coordination and control of industries in North America, Japan, and Western Europe challenges neo-classical economists' assumptions about the efficaciousness of market mechanisms as a means of enhancing economic performance. The authors also explore variation
in state policies in the governance of internationally competitive industries (automobiles, chemicals, consumer electronics, and steel, for example) and demonstrate how variation in state policies influences the economic performance of industrial sectors. The authors argue that tightly controlled
sectors outperform their less-regulated counterparts in the world economy.

328 pages, Hardcover

First published January 20, 1994

About the author

Joseph Rogers Hollingsworth (born 1932) is Emeritus Professor of history and sociology at the University of Wisconsin. He earned his MA from Emory University, and a Ph.D. in history from the University of Chicago.