The Origins of Nonliberal Capitalism: Germany and Japan in Comparison

After the devastation of World War II, Germany and Japan built national capitalist institutions that were remarkably successful in terms of national reconstruction and international competitiveness. Yet both miracles have since faltered. National varieties of capitalism are now under intense pressure to converge to the U.S. model. Kozo Yamamura and Wolfgang Streeck have gathered an international group of authors to determine whether the global forces of Anglo-American capitalism will give rise to a single, homogeneous capitalist system.