American Capitalism and Global Convergence

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AUTHOR(S): Whitman, Marina V. N.

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YEAR: 2003

PAGES: 42

ISBN: 1-56708-126-6

This paper discusses three varieties of capitalism – American or Anglo-Saxon capitalism, social-market capitalism as seen in Germany and the producer-oriented or mercantilist capitalism that exists in Japan – and the market pressures they face for global convergence toward the American model.

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