• Summary
  • Contents
  • Subject index

A brief supplemental text for upper level undergraduate courses in comparative political economy, comparative public policy, and American political economy. The book's six chapters look in detail at the political economies of the U.S., Sweden and Germany, exploring the fundamental differences between their handling of health policy, pensions, family policy, corporate governance and fiance, and labor markets. The book's many rich and well rendered examples of the three countries' various policies helps students push past abstractions and understand what it is actually like to live under different capitalist systems.

Corporate Governance and Finance
Corporate governance and finance

CAPITALIST ECONOMIES ARE OFTEN DESCRIBED AS “PRIVATE ENTERPRISE economies,” meaning that economic activity is largely carried out by private business firms. These private businesses come in a variety of sizes and forms, from small firms owned by single individuals to large multinational corporations in which ownership is shared by thousands of shareholders. One thing that they have in common is that they need money—capital—both to get started and to maintain and expand their operations once they have begun. They need money to buy materials and equipment, purchase or rent space, and hire employees. In many cases, the necessary capital can be generated “internally.” Entrepreneurs start businesses with their accumulated savings, and going concerns finance their operation and ...

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