Asia Review 2023 KCI Impact Factor : 0.86
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pISSN : 2234-0386
- https://journal.kci.go.kr/asiareview
KJCKorea
Journal Central
Comparing Capitalisms, East and West
- Asia Review
- Abbr : SNUACAR
- 2016, 6(1), pp.97~118
- Publisher : 아시아연구소
- Research Area : Social Science > Social Science in general
1캘리포니아 산타바바라 대학
Candidate
ABSTRACT
This paper discusses varieties of capitalism in relation to regions and countries and types of social formations. Settler immigrant societies resonate with liberal market economies and liberal democracy. Postfeudal societies are on the verge of heading towards coordinated market economies, social forms of capitalism and variants of social democracy. The second part of the paper asks what is the relationship between singular (capitalism) and plural (capitalisms) conceptualizations and suggests a layered analysis to accommodate common as well as variant components, while noting that among the variants the invariant or the common element is itself a variable in meaning. Thus while liberal, coordinated and state-led market economies are all market economies, the way the market economy is understood differs in each setting.
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