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Five models of capitalism

DOI: 10.1590/S0101-31572012000100002

Keywords: capitalism, models, varieties of capitalism.

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Abstract:

besides analyzing capitalist societies historically and thinking of them in terms of phases or stages, we may compare different models or varieties of capitalism. in this paper i survey the literature on this subject, and distinguish the classification that has a production or business approach from those that use a mainly political criterion. i identify five forms of capitalism: among the rich countries, the liberal democratic or anglo-saxon model, the social or european model, and the endogenous social integration or japanese model; among developing countries, i distinguish the asian developmental model from the liberal-dependent model that characterizes most other developing countries, including brazil.

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