From Stages to Varieties of Capitalism: Lessons, Limits and Prospects

Ozveren, Eyup
Havuc, Utku
Karaoguz, Emrah
The basic aim of this paper is to take a tour de force in order to put the varieties of capitalism (VoC) approach in perspective and to assess its limits and further prospects. There existed before it a certain stages-of-capitalism (SoC) approach with a long history. The SoC approach developed largely under the influence of social and anthropological stage theories of progress and of Marxism. Accordingly, capitalism as a mode of production was perceived as progressing through commercial, industrial, and financial stage. In this paper, this link will be recovered for the benefit of further scholarship. We emphasize that the VoC approach, by the weight it puts on efficiency tends to rank circumstantially the variety at issue, thereby implying occasionally a desirable move towards the more efficient form. This means that the elements forming a given variety may actually be matched with the successive stages of a certain progress.


The theory of capitalism and its ontological foundations: comparative study of Marx and Deleuze&Guattari
Kocagül, Volkan; Sol, Ayhan; Department of Philosophy (2006)
The main objective of this thesis is to examine the theory of capitalism and its ontological foundations through the major works of Marx and Deleuze&Guattari. In his monumental book called Capital, Karl Marx develops an account of capitalism based on his understanding of philosophy of which takes its roots from Hegel and Feuerbach. Additionally, English political economy and French socialism serve as reliable grounds for Marx’s analysis. In light of the writings of these historical precursors, Marx constitu...
The Nature of financial innovations : a post-Schumpeterian analysis
Bulgurluoğlu, Pelin; Akdere, Çınla; Department of Economics (2013)
This thesis analyzes the nature of financial innovations by taking a post-Schumpeterian approach. The aim of this thesis is to show that Schumpeter’s analysis of entrepreneurial innovation, which takes place in the real economy, proposes also a theoretical framework for understanding the dynamics of financial innovations. Therefore, it suggests that Schumpeterian notion of innovation can be used as a guide in analyzing the dynamics of financial innovations today. In this respect, through the analysis of fin...
The political framework of industrial meltdown in Croatia, 1990-2013
Mihaljević, Domagoj (Orta Doğu Teknik Üniversitesi (Ankara, Turkey), 2014-12)
In this paper, the writer offers an analysis of a political framework of deindustrialization and seeks to explain the political factors that have shaped and determined the fate of industrial sector in Croatia over the last two decades. The first major blow to industry was disintegration of the Yugoslav state in a bloody war after a decade-long economic stagnation during the 1980s. In Croatia this process was followed by restoration of capitalist mode of production through privatization. Besides the war...
Growth of capitalism: how does innovation reinforce capitalism in the progress of its authority?
Kahraman, Ömer Ersin; Taymaz, Erol; Department of Science and Technology Policy Studies (2010)
The main aim of this thesis is to discuss the role of innovation in the capitalist mode of production so as to achieve the domination of capitalism in the human world by capitalizing it. The idea of freedom is handled as a reason for politics when one confronts another in this quest. Process innovations are accepted as methods of improving the profitability of production which deprives dispossessed masses from their productive power outside the workplace while product innovation is claimed to be the process...
From lexical and conjunctive cohesion to coherence : reading, recalling and comprehending high cohesive and low cohesive clauses
Gönül, Gökhan; Zeyrek Bozşahin, Deniz; Department of Cognitive Sciences (2013)
The aim of this thesis was to investigate the connection between cohesion, coherence and comprehension, and to understand the role of lexical cohesion and conjunctive cohesion in two-clausal sentences. On the basis of these aims, four groups of were constituted. The first group of sentences was constituted with lexical cohesion and the contrastive conjunctive marker ama or fakat (but), the second group had lexically cohesive clauses without the contrastive marker, the third group had disrupted lexical assoc...
Citation Formats
E. Ozveren, U. Havuc, and E. Karaoguz, “From Stages to Varieties of Capitalism: Lessons, Limits and Prospects,” PANOECONOMICUS, pp. 13–36, 2012, Accessed: 00, 2020. [Online]. Available: