Bruno Amable Book order

This book analyses the French political crisis, which has entered its most acute phase in more than thirty years with the break-up of traditional left and right social blocs. Governing parties have distanced themselves from the working classes, leaving behind on the one hand craftsmen, shop owners and small entrepreneurs disappointed by the timidity of the reforms of the neoliberal right and, on the other hand, workers and employees hostile to the neoliberal and pro-European integration orientation of the Socialist Party. The presidency of François Hollande was less an anomaly than the definitive failure of attempts to reconcile the social base of the left with the so-called modernisation of the French model. The project, based on the pursuit of neoliberal reforms, did not die with Hollande’s failure; it was taken up and radicalised by his successor, Emmanuel Macron. This project needs a social base, the bourgeois bloc, designed to overcome the right–left divide by a new alliance between the middle and upper classes. But this, as we have seen recently on the streets of Paris and elsewhere, is a precarious process.

The book offers a comparative analysis of modern capitalism by categorizing economies into five distinct types: market-based, Asian capitalism, Continental European, social democratic, and Mediterranean models. It explores the institutional characteristics of each type and examines their political and economic dynamics. Additionally, it evaluates the future prospects of the Continental European model, contributing meaningfully to the ongoing debate on the 'varieties of capitalism.'