The word capitalism lends itself to broad generalizations that highlight the importance of private property and free markets as the supreme arbitor of economic outcomes. However, national trajectories give form to many varieties, suggesting that history and culture do play a major role in shaping markets and organizing society.
In this seminar, Michael Bucher explores national variations in the practice of capitalism, and examines successes and failures in maximizing progress and minimizing poverty.
Michael Bucher is a freelance researcher/writer who has written for the Shanghai Business Review, on topics in business, trade, and international relations relating to China. He has presented lectures at HGSSS on China’s Silk Road Project, Public Banking and German Mittelstand, and is now focused on the topic of Comparative Capitalism, a new series looking at cross-country variations of modern Capitalism.