Diminishing Returns
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In Diminishing Returns, Lucio Baccaro, Mark Blyth, and Jonas Pontusson bring together a list of top contributors in the field to examine capitalist economies in times where economic growth has slowed down considerably. As economic growth is a powerful social stabilizer and contributes to make the characteristic features of capitalism, the key question motivating the volume is: What happens when growth-the main mechanism of capitalist legitimation-is harder to come by and less broadly shared? The volume analyzes the politics of growth and stagnation at the country, regional, and global level…mehr

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Produktbeschreibung
In Diminishing Returns, Lucio Baccaro, Mark Blyth, and Jonas Pontusson bring together a list of top contributors in the field to examine capitalist economies in times where economic growth has slowed down considerably. As economic growth is a powerful social stabilizer and contributes to make the characteristic features of capitalism, the key question motivating the volume is: What happens when growth-the main mechanism of capitalist legitimation-is harder to come by and less broadly shared? The volume analyzes the politics of growth and stagnation at the country, regional, and global level through a new theoretical framework: the Growth Model Perspective.
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Autorenporträt
Lucio Baccaro is Director at the Max Planck Institute for the Study of Societies in Cologne. Mark Blyth is the William R. Rhodes '57 Professor of International Economics and Director of the Rhodes Center for International Economics and Finance at Brown University. Jonas Pontusson is Professor of Comparative Politics at the University of Geneva.