Europe‘s economy is under strain due to lagging productivity growth, population ageing, the difficulties of adjustment in an enlarged European Union, and the challenges of globalization. In comparison with America, rates of growth of GDP per capita and labour productivity growth are anaemic, raising questions about the viability of a distinct Europ

Rifkin delves deeply into the history of Europe--and eventually America--to show how Europeans have succeeded in slowly and steadily developing a more adaptive, sensible way of working and living.

Using a common framework developed by a collaborative Harvard University and Brandeis University affiliated research team, this volume surveys and analyzes the strategic responses of national unions in Britain, France, Germany, Italy, and Spain to the last two decades of economic change. Also evaluated is the response of Sweden, long seen as the most successful variation of the European model, as well as EU level transnational unionism. The volume concludes with a reflection on new union positions and their implications, particularly on the question of what will happen to the "European model of society" as a consequence. Annotation copyrighted by Book News, Inc., Portland, OR

Each year, 25% of the world's output is produced by less than 5% of the planet's population. The juxtaposition of these two figures gives an idea of the power of the American economy. Not only is it the most productive among the major developed economies, but it is also a place where new products, services and production methods are constantly being invented. Even so, for all its efficiency and its capacity for innovation, the United States is progressively manifesting worrying signs of dysfunction. Since the 1970s, the American economy has experienced increasing difficulty in generating social progress. Worse still, over the past twenty years, signs of actual regression are becoming more and more numerous. How can this paradox be explained? Answering this question is the thread running throughout the chapters of this book. Anton Brender and Florence Pisani, economists with Candriam Investors Group, offer the reader an overview of the history and structure of the American economy, guided by a concern to shed light on the problems it faces today.

"A brilliantly conceived dual-track account of the two greatest economic crises of the last century and their consequences"--

"The focus of this book is the emerging economic confrontation between European and U.S. capitalism at the end of the 'golden age' of capitalism in the late 1960s. Ernest Mandel here paints a remarkably clear, comprehensive, and detailed portrait of trends at that critical period. Mandel moves with ease from the most general international problems to the specifics of corporate activity, and few developments in the business and economic worlds seem to have escaped his attention. His story starts with the erosion of the enormous power possessed by American capitalism at the close of World War II. Compelled by the exigencies of its counter-revolutionary role to revive the European and Japanese economies, the U.S. then found itself confronted by formidable competitors in both the Eastern and Western hemispheres. But this competition was constrained by the process of international concentration of capital; capital, spilling over outmoded national boundaries, interpenetrated to modify the competition both between Europe and America and among the European states themselves. Despite this, capital proved very far from being able to free itself from national attachments, from the interests of a specific national bourgeoisie" -- Provided by publisher's website.