Governance of the American Economy

doi:10.1017/CBO9780511664083

In this book, nine scholars representing various perspectives examine institutions that govern economic activity in the United States and the dramatic changes they have undergone since the late nineteenth century. They investigate how and why these changes occurred and continue to occur as markets become more volatile, technology changes and international competition becomes more intense. They also address general questions about the governance of capitalist economies by considering several governance mechanisms such as markets, bureaucratic hierarchies, associations and informal networks and by exploring how such mechanisms emerge to coordinate economic activity and affect economic performance. The first part of the book describes the important characteristics of these organisational forms and provides an overview of institutional development in the US economy. The second part includes case studies of the institutional development of eight economic sectors. Finally, based on data from these case studies, the third part of the book tests competing theories of institutional change in capitalism, develops a new evolutionary model of the change process, and offers an original analysis of how the state influences this process.

"...persons working in this area should carefully read the book. The volume's conceptual apparatus may be precisely what they need to generate insights about their research topic." Alan Stone, American Political Science Review

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Contents

Frontmatter
pp i-iv
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Contents
pp v-vi
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List of figures
pp vii-vii
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List of tables
pp viii-viii
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List of contributors
pp ix-x
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Preface
pp xi-xii
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I - Conceptual and historical foundations
pp 1-2
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1 - Economic governance and the analysis of structural change in the American economy
pp 3-34
- By Leon N. Lindberg, Department of Political Science, University of Wisconsin–Madison, John L. Campbell, Department of Sociology, Harvard University, J. Rogers Hollingsworth, Department of History, University of Wisconsin–Madison
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2 - The logic of coordinating American manufacturing sectors
pp 35-74
- By J. Rogers Hollingsworth, Department of History, University of Wisconsin–Madison
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II - Empirical studies of governance transformations in the United States
pp 75-76
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3 - Transformations in the governance of the American telecommunications industry
pp 77-107
- By Kenneth N. Bickers, Department of Political Science, Rice University
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4 - Contradictions of governance in the nuclear energy sector
pp 108-137
- By John L. Campbell, Department of Sociology, Harvard University
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5 - The statist evolution of rail governance in the United States, 1830–1986
pp 138-181
- By Robert Dawson Kennedy, Jr, The Madison Institute
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6 - Governance of the steel industry: What caused the disintegration of the oligopoly?
pp 182-208
- By Christoph Scherrer, John F. Kennedy Institute, Free University of Berlin
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7 - Governance of the automobile industry: The transformation of labor and supplier relations
pp 209-235
- By Christoph Scherrer, John F. Kennedy Institute, Free University of Berlin
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8 - The dairy industry: From yeomanry to the institutionalization of multilateral governance
pp 236-258
- By Brigitte Young, John F. Kennedy Institute, Free University of Berlin, and Department of Political Science, Wesleyan University
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9 - Economic governance and the American meatpacking industry
pp 259-292
- By John Portz, Department of Political Science, Northeastern University
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10 - The invisible hand in healthcare: the rise of financial markets in the U.S. hospital industry
pp 293-316
- By Patricia J. Arnold, School of Business Administration, University of Wisconsin–Milwaukee
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III - Theoretical evaluation of the empirical cases
pp 317-318
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11 - The evolution of governance regimes
pp 319-355
- By John L. Campbell, Department of Sociology, Harvard University, Leon N. Lindberg, Department of Political Science, University of Wisconsin–Madison
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12 - The state and the organization of economic activity
pp 356-395
- By Leon N. Lindberg, Department of Political Science, University of Wisconsin–Madison, John L. Campbell, Department of Sociology, Harvard University
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References
pp 396-442
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Index
pp 443-462
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Governance of the American Economy

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Contents

Frontmatter
pp i-iv

Contents
pp v-vi

List of figures
pp vii-vii

List of tables
pp viii-viii

List of contributors
pp ix-x

Preface
pp xi-xii

I - Conceptual and historical foundations
pp 1-2

1 - Economic governance and the analysis of structural change in the American economy
pp 3-34

2 - The logic of coordinating American manufacturing sectors
pp 35-74

II - Empirical studies of governance transformations in the United States
pp 75-76

3 - Transformations in the governance of the American telecommunications industry
pp 77-107

4 - Contradictions of governance in the nuclear energy sector
pp 108-137

5 - The statist evolution of rail governance in the United States, 1830–1986
pp 138-181

6 - Governance of the steel industry: What caused the disintegration of the oligopoly?
pp 182-208

7 - Governance of the automobile industry: The transformation of labor and supplier relations
pp 209-235

8 - The dairy industry: From yeomanry to the institutionalization of multilateral governance
pp 236-258

9 - Economic governance and the American meatpacking industry
pp 259-292

10 - The invisible hand in healthcare: the rise of financial markets in the U.S. hospital industry
pp 293-316

III - Theoretical evaluation of the empirical cases
pp 317-318

11 - The evolution of governance regimes
pp 319-355

12 - The state and the organization of economic activity
pp 356-395

References
pp 396-442

Index
pp 443-462

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Governance of the American Economy

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