Inequality and Prosperity - 9780801443510

Inequality and ProsperitySocial Europe Vs. Liberal America\nAuthor(s): Jonas Pontusson\nFormat: Hardback\nPublisher: Cornell University Press, United States\nImprint: Cornell University Press\nISBN-13: 9780801443510, 978-0801443510\nSynopsis\nWhat are the relative merits of the American and European socioeconomic systems? Long-standing debates have heated up in recent years with the expansion of the European Union and increasingly sharp political and cultural differences between the United States and Europe. In Inequality and Prosperity, Jonas Pontusson provides a comparative overview of the two major models of labor markets and welfare systems in the advanced industrial world: the \""liberal capitalist\"" system of the United States and Britain and the \""social market\"" capitalism of northern Europe. These two models balance concerns of efficiency and equity in fundamentally different ways. In the 1990s the much-heralded forces of globalization (together with demographic changes and a.