The Origins of Nonliberal Capitalism: Germany and Japan in Comparison

The German and Japanese economies are more socially and politically regulated, and in this sense less liberal, than their Anglo-American counterparts. In The Origins of Nonliberal Capitalism, an international and interdisciplinary group of scholars explains why and how Germany and Japan developed nonliberal types of capitalism, looking at the institutional histories of the welfare state, the financial system, corporate governance and skill formation. Similarities and differences are traced in relation to attempts at conservative social reform during late 19th century industrialization and subsequent political pathways to democratization. The book's analysis of the historical dynamics of institutional change, particularly the political and organizational challenges of adapting and integrating new institutional repertoires, suggests new insights on how nationally distinct forms of capitalism will respond to current and future challenges of internationalization.Preface Introduction: Explorations into the Origins of Nonliberal Capitalism in Germany and Japan Wolfgang Streeck The Institutional Embedding of Market Economies: The German "Model" and Its Impact on Japan Gerhard Lehmbruch Welfare State Building and Coordinated Capitalism in Japan and Germany Philip Manow The Origins of Nonliberal Corporate Governance in Germany and Japan Gregory Jackson The Origins of Bank-Based and Market-Based Financial Systems: Germany, Japan, and the United States Sigurt Vitols The Rise of Nonliberal Training Regimes: Germany and Japan Compared Kathleen Thelen and Ikuo Kum