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  3. Partisan Politics in the Global Economy
  • Cited by 851
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    • Publisher:
      Cambridge University Press
      Publication date:
      08 January 2010
      13 March 1998
      ISBN:
      9780511625633
      9780521441544
      9780521446907
      DOI:
      https://doi.org/10.1017/CBO9780511625633
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.46kg, 204 Pages
      Dimensions:
      (228 x 152 mm)
      Weight & Pages:
      0.311kg, 204 Pages
      • Series:
      Cambridge Studies in Comparative Politics
      Subjects:
      Twentieth Century British History, History, Politics and International Relations, Comparative Politics
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    • Selected: Digital
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    Series:
    Cambridge Studies in Comparative Politics
    Subjects:
    Twentieth Century British History, History, Politics and International Relations, Comparative Politics
    Information

    Book description

    Geoffrey Garrett challenges the conventional wisdom about the domestic effects of the globalization of markets in the industrial democracies: the erosion of national autonomy and the demise of leftist alternatives to the free market. He demonstrates that globalization has strengthened the relationship between the political power of the left and organized labour and economic policies that reduce market-generated inequalities of risk and wealth. Moreover, macroeconomic outcomes in the era of global markets have been as good or better in strong left-labour regimes ('social democratic corporatism') as in other industrial countries. Pessimistic visions of the inexorable dominance of capital over labour or radical autarkic and nationalist backlashes against markets are significantly overstated. Electoral politics have not been dwarfed by market dynamics as social forces. Globalized markets have not rendered immutable the efficiency-equality trade-off.

    Reviews

    ‘… an impassioned and crystal clear call to defend the possibility of politics. As such, it deserves to be widely read and welcomed.’

    Source: Political Studies

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