A Different Way Forward
Social Market Capitalism and Social Partnership in Europe, Austria and the USA
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In a world defined by widening inequality and political polarization, Edward France offers a timely and deeply researched examination of how Europe's social democracies and Austria's unique system of Social Partnership have navigated these challenges, and how their models can offer the United States a different path forward. Drawing on decades of historical, economic, and political analysis, A Different Way Forward contrasts European social market capitalism with the American liberal market model, examining how coordinated labor, business, and state partnerships have shaped prosperity and soci...
In a world defined by widening inequality and political polarization, Edward France offers a timely and deeply researched examination of how Europe's social democracies and Austria's unique system of Social Partnership have navigated these challenges, and how their models can offer the United States a different path forward. Drawing on decades of historical, economic, and political analysis, A Different Way Forward contrasts European social market capitalism with the American liberal market model, examining how coordinated labor, business, and state partnerships have shaped prosperity and social cohesion in postwar Europe. France weaves together historical materialism, modern economic data, and contemporary political developments to illuminate how democratic processes can work alongside capitalist enterprise to create fairer, more stable societies. From post-World War II reconstruction to the challenges of globalization, climate change, and political extremism, this book is both an insightful critique and a constructive proposal for reform. Ideal for readers interested in political economy, modern European history, economics, labor relations, and comparative politics, this is a definitive exploration of how lessons from abroad can help revive America's democratic and economic balance.
