In this research article, the authors are assessing the changes which European societies are currently going through, and the study their aftermaths. This article is very well crafted; this impression is strengthened by the conclusion, where you see that the four points brought out by the authors are actually the frame of their work. However, this article is very dense, which makes it really hard to read, and thus to fully understand.
The paper starts with a series of typologies of the different varieties of capitalism throughout Europe (and welfare capitalisms as well), in order to introduce us to the European societies, so we could understand a later analysis of their change.
The main distinction of the first typology is the split between the liberal economies, like UK or Ireland, and the coordinated market economies, such as Sweden or Denmark. In this typology, the comparative advantages of the different European economies are studied as well. The authors follow their reflection by examining a second typology; the well-known Bruno Amable's five capitalisms. But the authors truthfully state that typologies alone aren't enough to understand all the dimensions of the European societies.
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