Varieties of Capitalism: The Role of Discourse in Explaining Coordination
Journal Title: KultŁ«ra ir visuomenė. SocialiniŁ³ tyrimŁ³ Ł¾urnalas - Year 2012, Vol 3, Issue 2
Abstract
This article analyzes coordination that in the Varieties of capitalism (Voc) approach is described as ways in which firms and other actors engage in political-economic relations. it answers the question about the main conditions influencing the establishment of coordination and the achievement of particular coordination equilibriums in political economy. The Voc approach proposes two answers. firstly, coordination depends on institutions supporting its particular way. Secondly, particular actors’ qualities called common knowledge are necessary. These qualities enable actors to estimate expected behavior of each other and predict equilibriums reached during coordination. While the support of political leadership can enable coordinating institutions and while coor- dination equilibriums are not achieved easily, common knowledge is an object of hege- monic support. In order to analyze the “openness” of coordination to hegemonic support, coordination is understood as a process of production and exchange of meaning. By applying analy- tical tools of discourse based on Paul ricoeur’s discourse theory and roman Jacobson’s discourse model, basic factors influencing the way meaning is established in discursive coordination are identified. These factors also refer to common knowledge that is spe- cific to each way of coordination. market coordination is based on the common know- ledge connected to the acceptance of market code and its application skills. Strategic coordination relies on actors’ context, which includes trust and experiences of their past interactions. in both cases common knowledge related to market code and common knowledge related to context are the factors open to hegemonic influence.
Authors and Affiliations
Marius Kalanta
Keywords
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