Is cohesive capitalism under threat?

In: Oxford review of economic policy, Band 37, Heft 4, S. 720-733

Abstract

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.