EU443 Half Unit
European Models of Capitalism
This information is for the 2022/23 session.
Teacher responsible
Dr Robert Hancke CBG.6.09
Availability
This course is available on the MSc in China in Comparative Perspective, MSc in Global Politics, MSc in Human Resources and Organisations (International Employment Relations/CIPD), MSc in Political Economy of Europe, MSc in Political Economy of Europe (LSE and Fudan) , MSc in Political Economy of Europe (LSE and Sciences Po), MSc in Public Administration and Government (LSE and Peking University) and MSc in Public Policy and Administration. This course is available with permission as an outside option to students on other programmes where regulations permit.
Course content
The course consists of three parts. In the first part we will discuss the basic arguments and methodological considerations of the Varieties of Capitalism literature and conduct a comparative analysis of the core issue areas in the political economy of contemporary capitalism: how capital, labour and product markets are structured. The second part will build on these thematic treatments to discuss the structure and dynamics of the main Western, Southern and Central European models of capitalism. In the final part of the course we will use comparative capitalism perspectives to discuss current political-economic problems such as climate change, automation, and themes proposed by stduents.
Teaching
This course will be delivered through a lecture followed by combined lecture/seminars totalling a minimum of 21 hours during Michaelmas Term. This course includes a reading week in Week 6 of Michaelmas Term.
Formative coursework
Students will write a short, 500 word essay every week on a key concept as part of a small group. Students will also develop their summative essay plan with the teacher late in Michaelmas term and early in Lent term.
Indicative reading
- Peter A Hall & David Soskice (Eds), Varieties of Capitalism: The Institutional Foundations of Competitiveness. Oxford University Press, 2001;
- Hancké, Bob, Martin Rhodes and Mark Thatcher (eds.) 2007. Beyond Varieties of Capitalism: Conflict, contradiction and complementarities in the European Economy. (Oxford UP 2007) (henceforth HRT);
- Crouch, Colin, Capitalist Diversity and Change, Oxford University Press, 2005;
- Hancké, Bob (ed.), 2009, Debating Varieties of Capitalism: A Reader, Oxford UP.
- Wolfgang Streeck, (2011) E Pluribus Unum? Varieties and Commonalities of Capitalism, MPifG Discussion Paper No. 10/12;
- Natasha van der Zwan (2014) Making sense of financialization, Socio Economic Review, 12: 99-129;
- Kathleen Thelen, (2014) Varieties of Liberalization and the New Politics of Social Solidarity, Cambridge University Press;
- Colin Hay, Does Capitalism Still Come in Varieties? Review of International Political Economy, Volume 27, 2020. Benjamin Braun, Asset Management Capitalism as Corporate Governance Regime, pre-print, available online 2021
Assessment
Essay (100%, 5000 words) in the LT.
Key facts
Department: European Institute
Total students 2021/22: 30
Average class size 2021/22: 14
Controlled access 2021/22: Yes
Lecture capture used 2021/22: Yes (MT)
Value: Half Unit
Course selection videos
Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.
Personal development skills
- Self-management
- Team working
- Problem solving
- Communication