Contemporary Capitalism: Beneficial Constraints: On the Economic Limits of Rational Voluntarism

@inproceedings{Streeck1997ContemporaryCB,
  title={Contemporary Capitalism: Beneficial Constraints: On the Economic Limits of Rational Voluntarism},
  author={W. Streeck},
  year={1997}
}
Economists have succeeded in persuading most people that the performance of an economy improves as social constraints on self-interested rational action are removed. In this essay I wish to argue that, to the contrary, socially institutionalized constraints on the rational voluntarism of interest-maximizing behavior may be economically beneficial, and that systematic recognition of this must have far-reaching implications for both economic theory and the conduct of economic policy. Note that I… Expand
334 Citations
The prospects of egalitarian capitalism in the global South: Turkish social neoliberalism in comparative perspective
How and why capitalisms differ
...
1
2
3
4
5
...