Post-Crisis Anglo-Saxon Capitalism

In France, the label “Anglo-Saxon capitalism” has tended to suggest an intimate link between the U.K. economic model and that of the United States of America. This link is thought to run much deeper than mere economics. It includes linguistic and cultural ties that distinguish a broad-based Anglo-Sa...

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Main Authors: Christopher J. Nock, Catherine Coron
Format: Article
Language:English
Published: Presses universitaires de Rennes 2015-03-01
Series:Revue LISA
Subjects:
Online Access:https://journals.openedition.org/lisa/8202
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author Christopher J. Nock
Catherine Coron
author_facet Christopher J. Nock
Catherine Coron
author_sort Christopher J. Nock
collection DOAJ
description In France, the label “Anglo-Saxon capitalism” has tended to suggest an intimate link between the U.K. economic model and that of the United States of America. This link is thought to run much deeper than mere economics. It includes linguistic and cultural ties that distinguish a broad-based Anglo-Saxon socio-economic and political model from the French and other models. This paper first considers to what extent a distinctive Anglo-Saxon economic model can be identified. It then considers U.K. and U.S. responses to the 2008-2009 financial and economic crisis to determine if they are sufficiently similar to support ongoing reference to an Anglo-Saxon economic model. The final part considers the extent to which the pre-crisis Anglo-Saxon model contributed to the recent crisis of global capitalism, and whether Anglo-American capitalism has actually come out of the ruins.
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spelling doaj-art-0e0ab0750df4432d9422660f6edf2cd72025-01-06T09:02:54ZengPresses universitaires de RennesRevue LISA1762-61532015-03-011310.4000/lisa.8202Post-Crisis Anglo-Saxon CapitalismChristopher J. NockCatherine CoronIn France, the label “Anglo-Saxon capitalism” has tended to suggest an intimate link between the U.K. economic model and that of the United States of America. This link is thought to run much deeper than mere economics. It includes linguistic and cultural ties that distinguish a broad-based Anglo-Saxon socio-economic and political model from the French and other models. This paper first considers to what extent a distinctive Anglo-Saxon economic model can be identified. It then considers U.K. and U.S. responses to the 2008-2009 financial and economic crisis to determine if they are sufficiently similar to support ongoing reference to an Anglo-Saxon economic model. The final part considers the extent to which the pre-crisis Anglo-Saxon model contributed to the recent crisis of global capitalism, and whether Anglo-American capitalism has actually come out of the ruins.https://journals.openedition.org/lisa/8202New Dealconvergencedivergencegreat recessionEnglish-speaking worldAnglo-Saxon capitalism
spellingShingle Christopher J. Nock
Catherine Coron
Post-Crisis Anglo-Saxon Capitalism
Revue LISA
New Deal
convergence
divergence
great recession
English-speaking world
Anglo-Saxon capitalism
title Post-Crisis Anglo-Saxon Capitalism
title_full Post-Crisis Anglo-Saxon Capitalism
title_fullStr Post-Crisis Anglo-Saxon Capitalism
title_full_unstemmed Post-Crisis Anglo-Saxon Capitalism
title_short Post-Crisis Anglo-Saxon Capitalism
title_sort post crisis anglo saxon capitalism
topic New Deal
convergence
divergence
great recession
English-speaking world
Anglo-Saxon capitalism
url https://journals.openedition.org/lisa/8202
work_keys_str_mv AT christopherjnock postcrisisanglosaxoncapitalism
AT catherinecoron postcrisisanglosaxoncapitalism