• Corpus ID: 12959998

Varieties and Commonalities of Capitalism

  title={Varieties and Commonalities of Capitalism},
  author={Wolfgang Streeck},
The paper reviews the origins of the comparative study of capitalism and of the diverse approaches applied to it in contemporary political economy. It distinguishes four models accounting for differences in the institutional make-up of national capitalist economies, which it refers to as the social embeddedness, power resource, historicalinstitutionalist, and rationalist-functionalist model, respectively. Special attention is given to the rationalist-functionalist account of capitalist variety… 

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