Is cohesive capitalism under threat?

The European Trust Crisis and the Rise of Populism

Timothy Besley

Oxford Review of Economic Policy, 2021, vol. 37, issue 4, 720-733

Abstract: This paper argues that a distinctive form of capitalism, cohesive capitalism, emerged in the post-war period supporting the wellbeing of its citizens through building state capacities alongside open and democratic forms of government. The paper identifies a range of threats that this model now faces and speculates on what it would take, particularly in terms of international cooperation, to respond to them.

Keywords: state capacity; cohesive capitalism (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:oup:oxford:v:37:y:2021:i:4:p:720-733.

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