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Abstract:
The political-economic institutions that have traditionally reconciled economic
efficiency with social solidarity in the advanced industrial countries, and specifically
in the so-called ‘coordinated market economies’, are indisputably under
pressure today. However, scholars disagree on the trajectory and significance of
the institutional changes we can observe in many of these countries, and they
generally lack the conceptual tools that would be necessary to resolve these
disagreements. This article attempts to break through this theoretical impasse
by providing a framework for determining the direction, identifying the mode,
and assessing the meaning of the changes we can observe in levels of both
economic coordination and social solidarity.
