Gianaris examines the theoretical and practical aspects of different economic systems in countries with varying ideologies. These include the United States, the European Community, and Japan with their capitalist or free market economies; the Swedish welfare state; communist China; and the former Soviet republics and Eastern Europe with their movement toward free markets and democratization. This interplay of economics and politics seen in the world arena presents new problems of production and distribution, as well as new rules and institutions. This work analyzes the dramatic developments now underway in many parts of the world and outlines a trend toward economic and political synthesis or convergence. This work will be of interest to scholars and students of comparative economic systems, political economy, comparative politics, and international economic relations.
NICHOLAS V. GIANARIS is Professor and Program Coordinator of Economics at Fordham University. He is the author of six books, including most recently The European Community and the United States: Economic Relations (Praeger, 1991).
Preface Introduction The Economics of Capitalism: History and Theory Socialism and Economic Planning Employee Ownership and Share Economy as Alternatives The United States The European Community Japan: A Miracle Economy Swedish Democratic Socialism The Soviet System and Its Collapse Reforms of the Eastern European Economies The Chinese Experience Development Strategies, Convergence and Integration Notes Bibliography Index