syllabus - POLITICALSCIENCE138E THEVARIETIESOFCAPITALISM:

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POLITICAL SCIENCE 138E THE VARIETIES OF CAPITALISM: THE POLITICAL-ECONOMIC SYSTEMS OF THE WORLD Fall 2004 GSIs: Prof. Steven Vogel Mark Dallas Office Hours Tuesdays 11:15-1:15 sharkmail6@yahoo.com svogel@socrates.berkeley.edu Tobias Schulze-Cleven 768 Barrows Hall (642-4658) tobysc@socrates.berkeley.edu COURSE DESCRIPTION This course examines the interaction between politics and markets, both in theory and in practice, linking classic works on political economy (Smith, Marx, List) with current policy debates. It emphasizes the ways in which markets are embedded in social and political institutions. We study how political systems and markets are organized in a wide range of different national settings, looking both at history and contemporary issues. Topics include: 1) The history of industrialization, 2) The varieties of capitalism in contemporary industrialized countries, 3) The Newly Industrializing Economies of Latin America and East Asia, 4) The problems of development, 5) The transition from communism to a market economy in Eastern Europe and China. We conclude the course with a review of current issues in the global economy today. PREREQUISITES No pre-requisites, but some background in economics recommended. COURSE REQUIREMENTS Midterm (10/5) 10% of course grade Two short papers (due 11/2 and 11/30) 40% Class participation and e-mail memos 20% Final exam 30% READING ASSIGNMENTS Books for purchase (also available on reserve at Moffitt Library): Hernando de Soto, The Mystery of Capital (2000) Milton Friedman, Capitalism and Freedom (1962) Thomas Friedman, The Lexus and the Olive Tree (1999) Robert Kuttner, Everything for Sale (1996) David Landes, The Wealth and Poverty of Nations (1999) Thomas McCraw, ed., Creating Modern Capitalism (1995) Karl Polanyi, The Great Transformation (1944) Joseph Stiglitz, Globalization and Its Discontents (2002) Course Reader
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PART I: CONTENDING PERSPECTIVES ON POLITICAL ECONOMY Course Introduction (8/31) Smith (9/2) Adam Smith, The Wealth of Nations (1976), 7-25 and 450-95. M. Friedman, 1-6, 196-202. Marx (9/7) Marx and Engels, "The Communist Manifesto," in David McLellan, ed., Karl Marx: Selected Writings (1977), 221-47. List (9/9) Friedrich List, The National System of Political Economy (1916), 108-56. James Fallows, Looking at the Sun: The Rise of the New East Asian Economic and Political System (1994), 177-207. Polanyi (9/14) Polanyi, 33-80. Sociological Perspectives (9/16) Polanyi, 136-57. Nicole Woolsey Biggart, “Preface,” and Fred Block, “Rethinking Capitalism,” in Biggart, ed., Readings in Economic Sociology (2002), xii-xv, 219-30.
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syllabus - POLITICALSCIENCE138E THEVARIETIESOFCAPITALISM:

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