SPERI Paper No.2 - Capitalist Diversity Work and Employment Relations
Update: 2014-02-14
Description
The great value of the literature on comparative capitalism is its emphasis on the persistent viability of alternative models to market liberalism. Central to the viability of more heavily coordinated markets are specific production regimes, supported through cooperative work and employment relations, encompassing significant participation and involvement, strong industry and firm skills sets, and bargaining centralisation. In contrast, the liberal market model is distinguished by less strong unions, decentralised bargaining, weaker worker rights, insecure tenure and flexible labour markets. As such, this approach has considerable value as a theoretical starting point both for categorising different national industrial relations regimes and in explaining the spatial concentration of specific sets of industrial relations practices. At the same time, whilst the nation-state remains an important level of analysis, there is considerable variety in practice both within nations and capitalist archetypes. This would reflect the fact that institutions are rarely closely coupled, with distinct regional and sectoral dynamics. Moreover, supra-national forces may not only erode national distinctiveness, but also reinforce difference between nations.
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