Capitalism and Democracy: A Dynamic Perspective

Humanities Conferencia online Thursday, 3 March 2022, 19:00 hours ONLINE: www.fundacionareces.tv/directo

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How do political economies change? In the decades since World War II, the western political economies have changed dramatically, as the sources of economic growth and the ways in which the economy has been managed have shifted. We can think of these approaches to economic management as the growth strategies of government. I will trace the movement of these growth strategies through three eras of modernization, liberalization and knowledge-based growth and ask: what drives major changes in growth strategies? Based on the experience of the initial postwar period, I argue that these changes depend on the presence of three conditions which provide a motivation, means and motor for change. The motivation follows from an experience of crisis, the means from developments in economic ideas and the motor lies in electoral politics. Thus, the process of change is one in which economic developments within capitalism and political developments within democracy combine to yield major changes in the stance that governments take toward the economy. I conclude by exploring the possibility that the western democracies are now on the cusp of another major change in growth regimes.

Thursday, 3 March

18:00 h.

Conference online

Capitalism and Democracy: A Dynamic Perspective

Welcome:

Raimundo Pérez-Hernández
Director de la Fundación Ramón Areces.

Presentation:

José María Beneyto
Catedrático Jean Monnet de la Unión Europea.

Speaker:
Peter A. Hall
Fundación Krupp. Universidad de Harvard.

Peter A. Hall

Peter A. Hall is the Krupp Foundation Professor of European Studies at Harvard University and a faculty member at its Minda de Gunzburg Center for European Studies. He has written extensively about comparative political economy, European politics, public policymaking, the methodologies of social science and the role of institutions and ideas in politics.

He is the author of more than one hundred articles on these subjects and of Governing the Economy (Oxford University Press 1986). His eight edited volumes include: The Political Power of Economic Ideas, Varieties of Capitalism (with D. Soskice), Successful Societies (with M. Lamont) and Social Resilience in the Neoliberal Era (with M. Lamont).

Professor Hall is a Corresponding Fellow of the British Academy and has held fellowships at the Stanford Center for Advanced Study in the Behavioral Sciences, the Wissenschaftskolleg zu Berlin, the Hanse Wissenschaftskolleg, Princeton University, the Centre de Sociologie des Organisations in Paris and the Instituto Juan March in Madrid.

In previous years, he has served as Associate Dean for the Faculty of Arts and Sciences at Harvard and Director of its Center for European Studies as well as President of the Organized Sections of the American Political Science Association devoted to Comparative Politics and Qualitative and Multi-Method Research. He is currently working on a book about how political economies change.