Le capitalisme à l’âge global : les mutations en cours transcendent-elles les spécificités nationales ?

Has accelerating globalisation led to a convergence of national varieties of capitalism toward a single, market-led, ‘Anglo-Saxon’ model in the past few decades? To answer this question, this paper begins by characterising the major stages in the development and representation of capitalism over tim...

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Bibliographic Details
Main Authors: Cynthia Ghorra-Gobin, Martine Azuelos
Format: Article
Language:English
Published: Presses universitaires de Rennes 2015-03-01
Series:Revue LISA
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Online Access:https://journals.openedition.org/lisa/8189
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Summary:Has accelerating globalisation led to a convergence of national varieties of capitalism toward a single, market-led, ‘Anglo-Saxon’ model in the past few decades? To answer this question, this paper begins by characterising the major stages in the development and representation of capitalism over time. It then focuses on the contemporary period, with particular emphasis on the impact of financialisation and the prevalence of transnational dynamics. It argues that while these shifts have deeply affected the trajectories of national varieties of capitalism, increasing the role of market mechanisms, institutional diversification has nevertheless intensified. It concludes that hybridisation, rather than convergence, of models appears to be the defining characteristic of capitalism in the global age.
ISSN:1762-6153