ENGLISH

The American Political Economy: Politics, Markets, and Power

By Kathleen Thelen , Paul Pierson , Jacob S. Hacker , Alexander Hertel-Fernandez

Book information

Publisher
Cambridge University Press
Year
2021
ISBN
9781009029841, 9781316516362
DOI
10.1017/9781009029841
ASIN
B09KNST7TG
Language
english
Format
EPUB
Filesize
5 MB (4953253 bytes)
Series
Cambridge Studies in Comparative Politics
Pages
486\0
Topic
Economy
Scanned
no
Time added
2025-02-09 02:56:05

Description

This volume brings together leading political scientists to explore the distinctive features of the American political economy. The introductory chapter provides a comparatively informed framework for analyzing the interplay of markets and politics in the United States, focusing on three key factors: uniquely fragmented and decentralized political institutions; an interest group landscape characterized by weak labor organizations and powerful, parochial business groups; and an entrenched legacy of ethno-racial divisions embedded in both government and markets. Subsequent chapters look at the fundamental dynamics that result, including the place of the courts in multi-venue politics, the political economy of labor, sectional conflict within and across cities and regions, the consolidation of financial markets and corporate monopoly and monopsony power, and the ongoing rise of the knowledge economy. Together, the chapters provide a revealing new map of the politics of democratic capitalism in the United States.

Similar books