• DOI:10.1080/13563469708406299
Corpus ID: 4618912

German Capitalism: Does It Exist? Can It Survive?

@article{Streeck1997GermanCD,
  title={German Capitalism: Does It Exist? Can It Survive?},
  author={W. Streeck},
  journal={New Political Economy},
  year={1997},
  volume={2},
  pages={237-256}
}

• W. Streeck
• Published 1997
• Economics
• New Political Economy

Drawing on extensive comparison with the United States, Japan and Britain, the paper describes the "German model" of advanced capitalism as an institutionalized high-wage economy combining high competitiveness in world markets with strong social cohesion and, in particular, low levels of inequality along a variety of dimensions. This combination is explained by a unique set of socio-economic institutions, in particular socially instituted and circumscribed markets, negotiated firms commanding… Expand

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