• 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.


MOSTAMERICANSUNDERESTIMATETHEEXTENTTOWHICHTHE world's rich capitalist economies vary. We tend to think that capitalism comes in one size and shape, and that it basically looks like the contemporary United States. The purpose of this book is to challenge this equation between the particular features of U.S. capitalism and the essential features of capitalism in general. It is a book about capitalisms, not capitalism. My main goal is not to demonstrate that one national variant of capitalism is better or worse than another, but simply to show that different versions of capitalism exist and can be successful.

The three countries described in this book—the United States, Germany, and Sweden—all have rich, globally competitive, capitalist economies. Economic activity in each is dominated by privately owned corporations that pursue ...

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