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The paper presents new evolutionary typology of capitalism in outline. This typology is grounded in the Marxist conception of the mode of production that considers as distinguishing features of a mode of production the character of the production forces and that of the property relations for means of production. However, the thesis of K. Marx is rejected that capitalist relation of production are no more adeaquate to production forces. Instead, the view is substantiated that the development of the production forces causes the replacement of one capitalist mode of production by another capitalist mode of production. In the analysis of the development of production forces under capitalism, the ideas of Nikolai Kondratieff and Joseph A. Schumpeter on long business cycles are used. In the development of the production forces since industrial revolution in the late XVIII century, 5 technological economical paradigms are distinguished. Each of them is foundation of a separate capitalist mode of production. 5 capitalist modes of production corresponding to the 5 long Kondratieff waves are main evolutionary types of capitalism. They are (1) local capitalism of individual and family enterprise owners; (2) local capitalism of small and middle closed joint stock companies (corporations); (3) national capitalism of big private corporations; (4) state regulated national capitalism of poblic corporations; (5) globalized transnational capitalism of investition funds. These types can be differentiated into subtypes, like liberal market and coordinated capitalism for type (4). This typology is most adequate for the analysis of the economic life in the advanced countries. In the analysis of the social economic reality from the periphery and semiperiphery of the contemporary world capitalist system, the types of political oligarchic, state and state monopolist capitalism are more useful.

The paper presents new evolutionary typology of capitalism in outline. This typology is grounded in the Marxist conception of the mode of production that considers as distinguishing features of a mode of production the character of the production forces and that of the property relations for means of production. However, the thesis of K. Marx is rejected that capitalist relation of production are no more adeaquate to production forces. Instead, the view is substantiated that the development of the production forces causes the replacement of one capitalist mode of production by another capitalist mode of production. In the analysis of the development of production forces under capitalism, the ideas of Nikolai Kondratieff and Joseph A. Schumpeter on long business cycles are used. In the development of the production forces since industrial revolution in the late XVIII century, 5 technological economical paradigms are distinguished. Each of them is foundation of a separate capitalist mode of production. 5 capitalist modes of production corresponding to the 5 long Kondratieff waves are main evolutionary types of capitalism. They are (1) local capitalism of individual and family enterprise owners; (2) local capitalism of small and middle closed joint stock companies (corporations); (3) national capitalism of big private corporations; (4) state regulated national capitalism of poblic corporations; (5) globalized transnational capitalism of investition funds. These types can be differentiated into subtypes, like liberal market and coordinated capitalism for type (4). This typology is most adequate for the analysis of the economic life in the advanced countries. In the analysis of the social economic reality from the periphery and semiperiphery of the contemporary world capitalist system, the types of political oligarchic, state and state monopolist capitalism are more useful.

The paper presents new evolutionary typology of capitalism in outline. This typology is grounded in the Marxist conception of the mode of production that considers as distinguishing features of a mode of production the character of the production forces and that of the property relations for means of production. However, the thesis of K. Marx is rejected that capitalist relation of production are no more adeaquate to production forces. Instead, the view is substantiated that the development of the production forces causes the replacement of one capitalist mode of production by another capitalist mode of production. In the analysis of the development of production forces under capitalism, the ideas of Nikolai Kondratieff and Joseph A. Schumpeter on long business cycles are used. In the development of the production forces since industrial revolution in the late XVIII century, 5 technological economical paradigms are distinguished. Each of them is foundation of a separate capitalist mode of production. 5 capitalist modes of production corresponding to the 5 long Kondratieff waves are main evolutionary types of capitalism. They are (1) local capitalism of individual and family enterprise owners; (2) local capitalism of small and middle closed joint stock companies (corporations); (3) national capitalism of big private corporations; (4) state regulated national capitalism of poblic corporations; (5) globalized transnational capitalism of investition funds. These types can be differentiated into subtypes, like liberal market and coordinated capitalism for type (4). This typology is most adequate for the analysis of the economic life in the advanced countries. In the analysis of the social economic reality from the periphery and semiperiphery of the contemporary world capitalist system, the types of political oligarchic, state and state monopolist capitalism are more useful.

The paper presents new evolutionary typology of capitalism in outline. This typology is grounded in the Marxist conception of the mode of production that considers as distinguishing features of a mode of production the character of the production forces and that of the property relations for means of production. However, the thesis of K. Marx is rejected that capitalist relation of production are no more adeaquate to production forces. Instead, the view is substantiated that the development of the production forces causes the replacement of one capitalist mode of production by another capitalist mode of production. In the analysis of the development of production forces under capitalism, the ideas of Nikolai Kondratieff and Joseph A. Schumpeter on long business cycles are used. In the development of the production forces since industrial revolution in the late XVIII century, 5 technological economical paradigms are distinguished. Each of them is foundation of a separate capitalist mode of production. 5 capitalist modes of production corresponding to the 5 long Kondratieff waves are main evolutionary types of capitalism. They are (1) local capitalism of individual and family enterprise owners; (2) local capitalism of small and middle closed joint stock companies (corporations); (3) national capitalism of big private corporations; (4) state regulated national capitalism of poblic corporations; (5) globalized transnational capitalism of investition funds. These types can be differentiated into subtypes, like liberal market and coordinated capitalism for type (4). This typology is most adequate for the analysis of the economic life in the advanced countries. In the analysis of the social economic reality from the periphery and semiperiphery of the contemporary world capitalist system, the types of political oligarchic, state and state monopolist capitalism are more useful.

Adapted from the source document.

Adapted from the source document.

This article analyzes coordination that in the Varieties of capitalism (Voc) approach is described as ways in which firms and other actors engage in political-economic relations. it answers the question about the main conditions influencing the establishment of coordination and the achievement of particular coordination equilibriums in political economy. The Voc approach proposes two answers. firstly, coordination depends on institutions supporting its particular way. Secondly, particular actors' qualities called common knowledge are necessary. These qualities enable actors to estimate expected behavior of each other and predict equilibriums reached during coordination. While the support of political leadership can enable coordinating institutions and while coordination equilibriums are not achieved easily, common knowledge is an object of hegemonic support. in order to analyze the "openness" of coordination to hegemonic support, coordination is understood as a process of production and exchange of meaning. By applying analytical tools of discourse based on Paul ricoeur's discourse theory and roman Jacobson's discourse model, basic factors influencing the way meaning is established in discursive coordination are identified. These factors also refer to common knowledge that is specific to each way of coordination. market coordination is based on the common knowledge connected to the acceptance of market code and its application skills. Strategic coordination relies on actors' context, which includes trust and experiences of their past interactions. in both cases common knowledge related to market code and common knowledge related to context are the factors open to hegemonic influence.

This article analyzes coordination that in the Varieties of capitalism (Voc) approach is described as ways in which firms and other actors engage in political-economic relations. it answers the question about the main conditions influencing the establishment of coordination and the achievement of particular coordination equilibriums in political economy. The Voc approach proposes two answers. firstly, coordination depends on institutions supporting its particular way. Secondly, particular actors' qualities called common knowledge are necessary. These qualities enable actors to estimate expected behavior of each other and predict equilibriums reached during coordination. While the support of political leadership can enable coordinating institutions and while coordination equilibriums are not achieved easily, common knowledge is an object of hegemonic support. in order to analyze the "openness" of coordination to hegemonic support, coordination is understood as a process of production and exchange of meaning. By applying analytical tools of discourse based on Paul ricoeur's discourse theory and roman Jacobson's discourse model, basic factors influencing the way meaning is established in discursive coordination are identified. These factors also refer to common knowledge that is specific to each way of coordination. market coordination is based on the common knowledge connected to the acceptance of market code and its application skills. Strategic coordination relies on actors' context, which includes trust and experiences of their past interactions. in both cases common knowledge related to market code and common knowledge related to context are the factors open to hegemonic influence.

This article analyzes coordination that in the Varieties of capitalism (Voc) approach is described as ways in which firms and other actors engage in political-economic relations. it answers the question about the main conditions influencing the establishment of coordination and the achievement of particular coordination equilibriums in political economy. The Voc approach proposes two answers. firstly, coordination depends on institutions supporting its particular way. Secondly, particular actors' qualities called common knowledge are necessary. These qualities enable actors to estimate expected behavior of each other and predict equilibriums reached during coordination. While the support of political leadership can enable coordinating institutions and while coordination equilibriums are not achieved easily, common knowledge is an object of hegemonic support. in order to analyze the "openness" of coordination to hegemonic support, coordination is understood as a process of production and exchange of meaning. By applying analytical tools of discourse based on Paul ricoeur's discourse theory and roman Jacobson's discourse model, basic factors influencing the way meaning is established in discursive coordination are identified. These factors also refer to common knowledge that is specific to each way of coordination. market coordination is based on the common knowledge connected to the acceptance of market code and its application skills. Strategic coordination relies on actors' context, which includes trust and experiences of their past interactions. in both cases common knowledge related to market code and common knowledge related to context are the factors open to hegemonic influence.

This dissertation analyses changes in income redistribution through the lens of market-state (private-public) nexus. The main goal of the dissertation is to explore the impact of taxes and benefits on income redistribution among different population groups while aiming for social welfare in emerging welfare capitalism Lithuania. This dissertation analyses the changes in market income and primary income inequality among households and individuals. Changes in public opinion towards desirable income redistribution level and state's role in distribution process during the last two decades are evaluated as well, stressing the demand for redistribution. Dissertation analyses the impact of taxes and benefits on disposable income inequality and consequences for different socio-economic groups. Relative importance, size and progressivity of redistributive instruments are evaluated. Changes in income redistribution are associated with the changes in tax-benefit legislation. Finally, considering the relative importance of taxes and benefits for income inequality, dissertation contributes to the on-going discussion on the kind of welfare regime forming in Lithuania.

This dissertation analyses changes in income redistribution through the lens of market-state (private-public) nexus. The main goal of the dissertation is to explore the impact of taxes and benefits on income redistribution among different population groups while aiming for social welfare in emerging welfare capitalism Lithuania. This dissertation analyses the changes in market income and primary income inequality among households and individuals. Changes in public opinion towards desirable income redistribution level and state's role in distribution process during the last two decades are evaluated as well, stressing the demand for redistribution. Dissertation analyses the impact of taxes and benefits on disposable income inequality and consequences for different socio-economic groups. Relative importance, size and progressivity of redistributive instruments are evaluated. Changes in income redistribution are associated with the changes in tax-benefit legislation. Finally, considering the relative importance of taxes and benefits for income inequality, dissertation contributes to the on-going discussion on the kind of welfare regime forming in Lithuania.

This dissertation analyses changes in income redistribution through the lens of market-state (private-public) nexus. The main goal of the dissertation is to explore the impact of taxes and benefits on income redistribution among different population groups while aiming for social welfare in emerging welfare capitalism Lithuania. This dissertation analyses the changes in market income and primary income inequality among households and individuals. Changes in public opinion towards desirable income redistribution level and state's role in distribution process during the last two decades are evaluated as well, stressing the demand for redistribution. Dissertation analyses the impact of taxes and benefits on disposable income inequality and consequences for different socio-economic groups. Relative importance, size and progressivity of redistributive instruments are evaluated. Changes in income redistribution are associated with the changes in tax-benefit legislation. Finally, considering the relative importance of taxes and benefits for income inequality, dissertation contributes to the on-going discussion on the kind of welfare regime forming in Lithuania.

This dissertation analyses changes in income redistribution through the lens of market-state (private-public) nexus. The main goal of the dissertation is to explore the impact of taxes and benefits on income redistribution among different population groups while aiming for social welfare in emerging welfare capitalism Lithuania. This dissertation analyses the changes in market income and primary income inequality among households and individuals. Changes in public opinion towards desirable income redistribution level and state's role in distribution process during the last two decades are evaluated as well, stressing the demand for redistribution. Dissertation analyses the impact of taxes and benefits on disposable income inequality and consequences for different socio-economic groups. Relative importance, size and progressivity of redistributive instruments are evaluated. Changes in income redistribution are associated with the changes in tax-benefit legislation. Finally, considering the relative importance of taxes and benefits for income inequality, dissertation contributes to the on-going discussion on the kind of welfare regime forming in Lithuania.

The dissertation studies conditions for institutional change in political economy of Lithuania. Five institutional spheres covering industrial relations, vocational training and education, corporate governance, inter-company relations and relations inside companies were analysed. The dissertation assumes that the institutional arrangement of the political economy of Lithuania is not stable and its change will be based on three possible scenarios. According to the first and second scenarios, the political economy of Lithuania, as postulated in the varieties of capitalism approach, will get closer to the one of the ideal types thus acquiring more and more institutional characteristics typical of a pure liberal market economy or coordinated market economy. According to the third scenario the political economy of Lithuania will remain mixed and complementary institutions characteristic of ideal types will not form. To study these scenarios methodological approach based on discourse was applied. According to it discourse produced by actors of political economy should be considered as a causal factor and an indicator of institutional change, though conditions for the change articulated in the discourse are shaped by existing institutional complementarity and path dependance. An empirical qualitative research of discourse was implemented. The results show that a "discrepancy" between priorities for the change articulated in discourse and opportunities for implementing them in the existing institutional reality are the characteristic features of the conditions for institutional change in political economy of Lithuania.

The dissertation studies conditions for institutional change in political economy of Lithuania. Five institutional spheres covering industrial relations, vocational training and education, corporate governance, inter-company relations and relations inside companies were analysed. The dissertation assumes that the institutional arrangement of the political economy of Lithuania is not stable and its change will be based on three possible scenarios. According to the first and second scenarios, the political economy of Lithuania, as postulated in the varieties of capitalism approach, will get closer to the one of the ideal types thus acquiring more and more institutional characteristics typical of a pure liberal market economy or coordinated market economy. According to the third scenario the political economy of Lithuania will remain mixed and complementary institutions characteristic of ideal types will not form. To study these scenarios methodological approach based on discourse was applied. According to it discourse produced by actors of political economy should be considered as a causal factor and an indicator of institutional change, though conditions for the change articulated in the discourse are shaped by existing institutional complementarity and path dependance. An empirical qualitative research of discourse was implemented. The results show that a "discrepancy" between priorities for the change articulated in discourse and opportunities for implementing them in the existing institutional reality are the characteristic features of the conditions for institutional change in political economy of Lithuania.