You might also like

More about Fairness and Division of Labor in Market Societies

• Book details
• Synopsis
• Trending among others

You get 385 loyalty points

Book synopsis

Contrary to the explanations offered by the theory of non-reflexive, path-dependent institutionalism, the U.S. and the German automotive industries undertook strikingly similar patterns of industry modification under tough international competition during the 1990s, departing from their traditional national patterns. By investigating the processes of the U.S. and German adjustments, the author critically reconsiders the prevalent paradigms of political economy and comes to the conclusion that the evidence does not confirm the neoliberal paradigm. In order to better account for the recomposition of new market relations, which the author terms "converging but non-liberal" and "diverging but not predetermined" markets, he proposes an alternative model of "politics among reflexive agents," emphasizing different kinds of problem-solving practices among those reflexive agents. He argues that different forms and regimes of market are established in the process of recomposition, in which agents reflect upon not only market rationality but also upon their own institutions, creating new norms.

Book details

Book category Books in English Economics, finance, business & management Industry & industrial studies Manufacturing industries

• Full title: Fairness and Division of Labor in Market Societies
• Subtitle: Comparison of U.S. and German Automotive Industries
• Author: Hyeong-Ki Kwon
• Language: English
• Binding: Hardback
• Number of pages: 240
• EAN: 9781571816719
• ISBN: 1571816712
• ID: 04819380
• Publisher: Berghahn Books, Incorporated
• Weight: 481 g
• Dimensions: 229 × 152 × 16 mm
• Date of publishing: 18. November 2004

Trending among others

---

---

---