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From disorganized capitalism to transnational fine tuning?: recent trends in wage development, industrial relations, and ‘work’ as a sociological category
Author(s) -
Hasse Raimund,
Leiulfsrud Håkon
Publication year - 2002
Publication title -
the british journal of sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.826
H-Index - 92
eISSN - 1468-4446
pISSN - 0007-1315
DOI - 10.1080/00071310120109357
Subject(s) - capitalism , wage , robustness (evolution) , globalization , diversity (politics) , economic geography , economic system , dominance (genetics) , economics , sociology , neoclassical economics , political economy , political science , market economy , law , biochemistry , gene , chemistry , politics
ABSTRACT The disorganization thesis concentrates upon globalization and market dynamics, which are believed to trigger the breakdown of any kind of institutional structures. The diversity of capitalism approach, by contrast, places much emphasis on the persistence of distinct paths of national economies. Referring to comparative data from the OECD and other sources it is shown that some variables indicate a robustness of national styles of capitalism. Others hint at resemblance: e.g.there is a striking synchronization of the overall and sectoral wage development, there is a significant decrease in industrial disputes, and the class composition tends to become more similar. A move beyond the disorganization thesis and diversity of capitalism approach is suggested. Special attention should be paid to the profound impacts of transnational institutions and knowledge carriers in the form of experts and guidelines.