Social Institutions and Economic Performance - Wolfgang

Wolfgang Streeck studies labour and capital in advanced capitalist economies and offers new insights into the social and political bases of economic performance.;The chapters of the book examine the institutional conditions for a high-skill and high-wage economy; the social regulation of employment contracts; differences in the structure of interest associations of business and labour; the organization of small businesses in Germany; co-determination in German industry; the competitive success of the German automobile industry; and the influence of European integration on interest representation in Europe.;Proceeding from the insight that markets and rational economic action perform best if embedded in culturally and politically generated opportunities and constraints, Streeck offers a rationale for positive political intervention in post-socialist capitalist market economies. The book is intended for researchers, academics and students of political economy, political science, industrial relations, business and management, and organization studies and sociology.