Capitalism, Democracy and Welfare. By Torben Iversen. New
York: Cambridge University Press, 2005. 226p. $29.99.
Inequality and Prosperity: Social Europe vs. Liberal America.
By Jonas Pontusson. Ithaca, NY: Cornell University Press, 2005. 242p.
Can policymakers reconcile the dual objectives of economic development
and social justice? Are equity and sustained growth in an inherent
conflict? How does the welfare system fit in a capitalist market economy?
Jonus Pontusson and Torben Iversen provide two perspectives on these basic
policy and political debates in interesting, well done, and quite
complementary studies of comparative capitalism.