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Britain and the European social model: capitalism against capitalism?

Hyman, Richard (2008) Britain and the European social model: capitalism against capitalism? IES Working Paper (19). Institute for Employment Studies, Brighton, UK. ISBN 9781851844067

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It is common to argue that ‘Anglo-Saxon’ capitalism differs fundamentally from that of continental Europe, and that this contrast results in incompatible systems of industrial relations. This paper outlines some of the key arguments which suggest that Britain and the rest of Europe – or at least, continental western Europe – represent incompatible varieties of capitalism, and explores this further by considering some of the meanings of that elusive concept, the ‘European social model’. The paper looks at the complex interconnection between economic integration and social (or labour market) regulation within the EU. It goes on to examine how European regulation has contributed to the transformation of British industrial relations which has occurred over almost four decades of British membership. Finally the paper indicates some possible influences in the reverse direction, leading to the question whether Britain is now spearheading the transformation of continental Europe into an Anglo-Saxon variant of capitalism. This paper was commissioned by IES as part of its Visiting Fellows scheme, marking the Institute’s 40th anniversary.

Item Type: Monograph (Working Paper)
Official URL:
Additional Information: © 2008 Institute for Employment Studies
Divisions: Management
Subjects: D History General and Old World > D History (General) > D901 Europe (General)
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HN Social history and conditions. Social problems. Social reform
JEL classification: P - Economic Systems > P1 - Capitalist Systems > P10 - General
Date Deposited: 29 Nov 2011 10:02
Last Modified: 16 May 2024 11:47

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