Neoliberalism and deregulation have come to dominate national and international political economy. This major book addresses this convergence and analyzes the implications for the future of capitalist diversity. It considers important questions such as: Is the preference for free markets a well-founded response to intensified global competition? Does this mean that all advanced societies must all converge on an imitation of the United States? What are the implications for the institutional diversity of the advanced economies?

Preface To the Memory of Andrew ShonfieldIntroduction - Colin Crouch and Wolfgang Streeck The Future of Capitalist DiversityThe Distinctiveness of Japan - Ronald DoreGerman Capitalism - Wolfgang Streeck Does It Exist? Can It Survive?Between Neo-liberalism and the German Model - Jonas Pontusson Swedish Capitalism in TransitionFrench Statism at the Crossroads - Robert BoyerSocial Institutions and Production Structure - Marino Regini The Italian Variety of Capitalism in the 1980sThe UK 1979-1995 - Andrew Graham Myths and Realities of Conservative CapitalismThe Institutional Embeddedness of American Capitalism - Rogers HollingsworthFollowing the Collapse of Communism, Is There a Middle Way? - Jean-Paul FitoussiA Check to Enlightened Capitalism - Philippe d'IribarneInternational Finance and the Erosion of Capitalist Diversity - Philip G CernyThe Future of Global Capitalism; or, will Divergence Persist Forever? - Susan Strange