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1、CAPITALISMUNLEASHEDThispageintentionallyleftblankCapitalismUnleashedfinanceglobalizationandwelfareAndrewGlyn13GreatClarendonStreet,OxfordOX26dpOxfordUniversityPressisadepartmentoftheUniversityofOxford.ItfurtherstheUniversity’sobjectiveofexcellenceinresearch,scholarship,andeducationbypublishingworld
2、wideinOxfordNewYorkAucklandCapeTownDaresSalaamHongKongKarachiKualaLumpurMadridMelbourneMexicoCityNairobiNewDelhiShanghaiTaipeiTorontoWithof?cesinArgentinaAustriaBrazilChileCzechRepublicFranceGreeceGuatemalaHungaryItalyJapanPolandPortugalSingaporeSouthKoreaSwitzerlandThailandTurkeyUkraineVietnamOxfo
3、rdisaregisteredtrademarkofOxfordUniversityPressintheUKandincertainothercountriesPublishedintheUnitedStatesbyOxfordUniversityPressInc.,NewYork?AndrewGlyn,2006ThemoralrightsoftheauthorhavebeenassertedDatabaserightOxfordUniversityPress(maker)Firstpublished2006Allrightsreserved.Nopartofthispublicationm
4、aybereproduced,storedinaretrievalsystem,ortransmitted,inanyformorbyanymeans,withoutthepriorpermissioninwritingofOxfordUniversityPress,orasexpresslypermittedbylaw,orundertermsagreedwiththeappropriatereprographicsrightsorganization.Enquiriesconcerningreproductionoutsidethescopeoftheaboveshouldbesentt
5、otheRightsDepartment,OxfordUniversityPress,attheaddressaboveYoumustnotcirculatethisbookinanyotherbindingorcoverandyoumustimposethesameconditiononanyacquirerBritishLibraryCataloguinginPublicationDataDataavailableLibraryofCongressCataloginginPublicationDataDataavailableTypesetbyNewgenImagingSystems(P
6、)Ltd.,Chennai,IndiaPrintedinGreatBritainonacid-freepaperbyBiddlesLtd.,King’sLynn,NorfolkISBN0–19–929199–3978–0–19–929199–113579108642ToMiles,Lucy,TessaandJonathanThispageintentionallyleftblankPrefaceLowin?ation,quiescentindustrialrelations,freedomforcapitaltochasepro?tableopportunitieswithoutrestra
7、intandthedominationofmarket-basedsolutionshavebecomefamiliarfeaturesoftheeconomiclandscapeofthericheconomies.Whensuchapatternbecomes?rmlyestablisheditsoonacquiresthestatusofbusinessasusual.Yet30yearsagoin?a
