Fairness and Division of Labor in Market Societies

Fairness and Division of Labor in Market Societies

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Contrary to the explanations offered by the theory of non-reflexive, path-dependent institutionalism, the U.S. and the German automotive industries undertook strikingly similar patterns of industry modification under tough international competition during the 1990s, departing from their traditional national patterns. By investigating the processes of the U.S. and German adjustments, the author critically reconsiders the prevalent paradigms of political economy and comes to the conclusion that the evidence does not confirm the neoliberal paradigm. In order to better account for the recomposition of new market relations, which the author terms qconverging but non-liberalq and qdiverging but not predeterminedq markets, he proposes an alternative model of qpolitics among reflexive agents, q emphasizing different kinds of problem-solving practices among those reflexive agents. He argues that different forms and regimes of market are established in the process of recomposition, in which agents reflect upon not only market rationality but also upon their own institutions, creating new norms. Hyeong-Ki Kwonreceived his PhD in Political Science from the University of Chicago. Currently he is a Principal Researcher in the Institute of Korean Political Studies and Lecturer in the Department of Political Science at Seoul National University, Korea. His research interests focus on democratic governance of industrial societies, particularly on the creation of new norms and the division of labor in the process of indusrial adjustments in advanced industrial countries, especially in the U.S., Germany, and Japan.However, Chryslera#39;s development of the Neon cost $1.2 billion, whereas GMa#39;s Saturn cost $3.5 billion and Forda#39;s Escort $2.5 billion. Chryslera#39;s Cirrus/Stratus is ... Even Chryslera#39;s first-tier suppliers treated sub-tier suppliers in an unfair way, which caused quality problems for Chrysler. Chryslera#39;s profits in 1997 declined for the first time since the introduction of new supplier relations. The main problem inanbsp;...

Title:Fairness and Division of Labor in Market Societies
Author:Hyeong-ki Kwon
Publisher:Berghahn Books - 2004-01


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