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Varieties of Capitalism and Industrial Relations
Varieties of capitalism and industrial relations

Industrial relations systems have long been classified into different groups, such as the Anglo-Saxon, the Scandinavian, or the continental European model. Similarly, welfare states have also been sorted into several categories, such as Christian-democratic, liberal, or social-democratic. The Varieties of Capitalism (VoC) approach has grouped capitalist systems-especially those of the OECD-into several categories, such as Liberal Market Economies (LMEs) and Coordinated Market Economies (CMEs). Given the parallel existence of these classifications of capitalist political economies, this chapter discusses to what extent the VoC approach is congruent with or different from industrial relations classifications. It also analyzes whether and how the VoC approach contributes to the study of industrial relations. The next section reviews the ...

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