A Sociology of Institutions: Review of Cathie Jo Martin and Duane Swank: The Political Construction of Business Interests
Council for European Studies, Reviews and Critical Commentary, December 10, 2012
5 Pages Posted: 15 Jun 2013 Last revised: 27 Jun 2013
Date Written: 2012
This book will reorient the discussion not only of business interests, but of the welfare state and social democracy, for it explains not only the rise of peak associations, but their support for welfare state measures today. Martin and Swank explain American exceptionalism as well as any book purporting to explain it, and explain the paradox that General Motors and Citibank face, of realizing belatedly that publicly funded health insurance and pension benefits are actually in the interest of business, but realizing that the business community is unable to coalesce around this interest in socializing the costs of insurance. Because the book so cogently explains this, and because this issue will not go away in our lifetimes, the book will be relevant not only in academic debates, but in politics around the world.
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