PREFACE

INTRODUCTION

CHAPTER 1 UNDERSTANDING ECONOMIC SYSTEMS
Three Dimensions of Economic Systems
Determinants of Economic Systems
Institutional Change and Economic Systems

CHAPTER 2 ASSESSING ECONOMIC SYSTEMS
Criteria for Assessing Economic Systems
How Economic Systems Succeed
How Economic Systems Fail

CHAPTER 3 MARKET-CENTERED ECONOMIC SYSTEMS
Markets before Capitalism
Potential Strengths of the Market
Potential Weaknesses of the Market
Conclusion

CHAPTER 4 STATE-CENTERED ECONOMIC SYSTEMS
State-Centered Economic Systems in History
Potential Strengths of the State
Potential Weaknesses of the State
Conclusion

CHAPTER 5 COMMUNITY-CENTERED ECONOMIC SYSTEMS
Community-Centered Economic Systems in History
Potential Strengths of Community
Potential Weaknesses of Community
Conclusion

CHAPTER 6 THE AMERICAN ECONOMIC SYSTEM
Competitive Capitalism 1815-1896
Organized Capitalism 1897-1932
Regulated Capitalism 1933-1979
Neoliberal Capitalism 1980-2008
A New Direction?

CHAPTER 7 THE BRITISH ECONOMIC SYSTEM
Competitive Capitalism 1800-1932
Welfare Capitalism 1933-1978
Neoliberal Capitalism 1979-1996
A New Direction?

CHAPTER 8 THE FRENCH ECONOMIC SYSTEM
State Capitalism 1815-1944
Planned Capitalism 1945-1982
Welfare Capitalism 1983-1995
A New Direction?

CHAPTER 9 THE GERMAN ECONOMIC SYSTEM
State Capitalism 1871-1932
German Fascism 1933-1945
Organized Capitalism 1946-1998
A New Direction?

CHAPTER 10 THE SWEDISH ECONOMIC SYSTEM
Organized Capitalism 1870-1931
Welfare Capitalism 1932-1991
A New Direction?

CHAPTER 11 THE RUSSIAN ECONOMIC SYSTEM
Pre-Communist Russia 1721-1916
Soviet Communism 1917-1991
State Capitalism 1992-present

CHAPTER 12 THE CHINESE ECONOMIC SYSTEM
Pre-Communist China 1644-1948
Chinese Communism 1949-1978
State Capitalism 1979-present

CHAPTER 13 THE JAPANESE ECONOMIC SYSTEM
Organized Capitalism 1868-1934
Japanese Fascism 1935-1945
Planned Capitalism 1946-1990
A New Direction?

CHAPTER 14 NEWLY INDUSTRIALIZING ECONOMIC SYSTEMS: Brazil, India, Iran, and South Korea
Brazil
India
Iran
South Korea

CHAPTER 15 GLOBALIZATION AND ECONOMIC SYSTEMS
The History of Globalization
Potential Strengths of Globalization
Potential Weaknesses of Globalization
Conclusion