Varieties of Capitalism and Europeanization: National by Georg Menz

By Georg Menz

How do ten various ecu international locations do something about the industry liberalization caused via the eu Union? How can Europeanization be re-regulated? Drawing on empirical case stories of ten eu nations, this path-breaking quantity demanding situations and contributes to latest bills of Europeanization and forms of capitalism.

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Unions are grappling with a host of internal and externally imposed challenges: a general decline in membership, the shift from the secondary to the tertiary sector, the fading and privatization of the public sector, a ‘competition state mentality’, and the dictate of permanent wage moderation. Meanwhile, the increasingly aggressive rhet¨ I), France (CNPF/ oric and attitude of business associations in Austria (VO Medef) and Germany (BDI) since the early 1990s reflect this new selfconfidence. The ideological underpinning of the role of the state in Western Europe is changing also, as political parties across the spectrum are embracing this new ‘embedded financial orthodoxy’ (Cerny 1993).

Finally, do all European systems of politico-economic governance respond to the external impetus similarly? These highly salient questions will be explored and addressed throughout this volume. EUROPEANIZATION MEETS ORGANIZED CAPITALISM 23 Organized Western European varieties of capitalism are presumably coming under pressure, not only because their statist and neocorporatist institutional character is allegedly ill-suited to cope with the twin pressures of Europeanization and globalization, unlike the presumably more competitive and efficient, but certainly leaner and meaner liberal AngloAmerican model.

1998). However, the German system of work and welfare betrays its deeply conservative Bismarckian roots and relies on the male breadwinner model (Esping-Andersen 1990). Not even in its heydays did Model Germany compare favorably to much more egalitarian Scandinavia on this account. 3 summarizes the points missed thus far. 3 Principles of the German political economy Ideology, interests, and ideas . ‘Intermediate neocorporatist’ case . Social market economy consists of mix of Social Democratic positions, liberal ideology, and the notion of the state as setting the rules (Ordnungspolitik) Institutions Decentralized, sectoral labor market interest associations .

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