Analysing capitalisms: still significant variation

What is it about?

We examine how different theoretical perspectives compare capitalisms, concluding that significant differences remain between how firms are funded, the employment regulations that affect workers and the role of the state. These differences help to explain variation in income inequalities across countries.

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Photo by Sharon McCutcheon on Unsplash

Photo by Sharon McCutcheon on Unsplash

Why is it important?

Some theoretical approaches to capitalism tend to emphasize what is common to different forms of capitalism rather than highlight their differences. These differences are, however, important if we wish to explain continuing and significant variation in income inequalities across countries.