Loading...
Please wait, while we are loading the content...
Capitalism, Coordination, and Economic Change: the French Political Economy since 1985
| Content Provider | Semantic Scholar |
|---|---|
| Author | Culpepper, P. |
| Copyright Year | 2008 |
| Abstract | France is no longer a statist political economy; but what sort of political economy is it? In this chapter I show how the major institutions of the French economy have changed since 1985 and consider the character of the current political economy in light of the key actors in this process of change. Many scholars argue that the limits of statism were abundantly clear after the failure of Francois Mitterrand’s experiment with “Keynesianism in one country” in 1983, but the analysis in this chapter shows that the withdrawal of the state from the economy was only consummated in the 1990s. The period between the mid-1980s and 1990 saw French governments attempt to empower various actors in civil society, especially employers and unions (Howell 1992; Schmidt 1996; Levy 1999). These initial policies, which attempted to develop a coherent model for the post-statist political economy, set in motion a process in which national politicians and bureaucrats exercised ever-decreasing influence over the choices of companies and individuals. State signals still matter in the French economy, as they do in all the advanced capitalist countries. The 1990s, though, witnessed the transformation of that economy largely through the uncoordinated action of individual economic actors, in a process made possible by policy choices but neither directed nor fully anticipated by governments. Markets and market power now set expectations in a wide array of fields, while French governments on the left and the right continue to assert their distaste for the market society. |
| Starting Page | 29 |
| Ending Page | 49 |
| Page Count | 21 |
| File Format | PDF HTM / HTML |
| DOI | 10.1057/9780230584532_2 |
| Alternate Webpage(s) | https://sites.hks.harvard.edu/fs/pculpepper/changes%20in%20French%20political%20economy,%20v2.pdf |
| Alternate Webpage(s) | http://apps.eui.eu/Personal/culpepper/PC%20Web%20links/ch1,%20culpepper.pdf |
| Alternate Webpage(s) | http://www.pepperculpepper.net/uploads/1/0/9/5/109507305/ch1_culpepper.pdf |
| Alternate Webpage(s) | https://doi.org/10.1057/9780230584532_2 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
