The book's objective is to explore some basic aspects of our approaches and ways of thinking about alternative forms of capitalism. What are the most effective ways to conceptualize and further elaborate the existing models of capitalism that have captured the public imagination and are currently floating around in the public debate? How can one mobilize empirical analysis and theory in thinking about the realm of possibilities and about the future of economic order, but avoid the twin perils of scientism and historicism? This book is an attempt to respond to some of these challenges.
First, it delves into the substantive aspect of the debate, taking a closer look at a set of particular forms and models of capitalism that are currently discussed both in mass media and in academic debates as plausible, or at least possible, alternatives to the status quo: Crony, State, Regulatory and Entrepreneurial Capitalisms. By elaborating and clarifying those models, it engages in a heuristic exercise that leads to a better understanding of the task of conceptualizing, examining and assessing, in a theoretically informed way, the diversity of forms of capitalism.
Second, the book takes a step further, looking at the epistemic-theoretical-methodological dimensions of the discussion: What is involved, more precisely, in our classifying and theorizing capitalist systems and their historical evolution? What is the epistemic and methodological basis for building plausible conjectures about the future evolution of an economic system? What are the logical and methodological parameters of our endeavors that deal with economic systems, or with the problem of continuity and change in comparative economic systems? Offering an original approach to the problem of taxonomies of capitalism this book will be of great interest to scholars working in the field of comparative political economy.
Paul Dragos Aligica is Senior Research Fellow at the F. A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at Mercatus Center, George Mason University, where he teaches in the graduate program of the Economics Department.
Vlad Tarko is a Fellow at the Mercatus Center and a doctoral candidate in the Economics Department of George Mason University."
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