Whither Continental European Capitalism?

Bruno Amable

in The Diversity of Modern Capitalism

Published in print December 2003 | ISBN: 9780199261130
Published online July 2005 | e-ISBN: 9780191602474 | DOI:
 Whither Continental European Capitalism?

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This chapter examines the main transformations that have taken place in the Continental European model of capitalism, in connection with the opposition between the main ideological and political currents. It analyses the opposition between a project of regulated capitalism, which corresponds to a renewal of the Continental model, and a neo-liberal project, which aims at transforming the EU countries into market-based economies. It is argued that the Third Way was one political strategy compatible with the neo-liberal project, and that its relative failure can be explained with the help of our theory of the diversity of capitalism.

Keywords: Continental European capitalism; Third Way; neo-liberal project

Chapter.  16675 words.  Illustrated.

Subjects: Economic Systems

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