Abstract
In the early 1990s it was de rigueur to argue that the challenge of competitiveness in an age of ever greater economic interdependence was likely to put pay to the institutional diversity of capitalism itself, certainly in the western world. Globalisation , in other words, was an agent of convergence like no other—driving down taxation, regulation and welfare spending.
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Hay, C., Bailey, D. (2019). Introduction: Brexit and European Capitalism—A Parting of the Waves?. In: Hay, C., Bailey, D. (eds) Diverging Capitalisms. Building a Sustainable Political Economy: SPERI Research & Policy. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-03415-3_1
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