Call Boomerang Books 1300 36 33 32

Description - Market and Society in Korea by Dennis McNamara

How did industrial structures in textiles evolve in the absence of sophisticated market-supporting institutions? Assessing the roles of capital, labour, and state, McNamara discovers a distinctive style of interest bargaining to bridge uncertainties and foster entrepreneurship. The textile industry serves as a microcosm of the broader social changes of the past five decades. Dramatic transitions from family firms to professional capitalism, from state direction to regulation, and from company unions to industry federations take centre stage. Moving among executives, labour leaders, and state officials, the author charts development across the crucible of contending interests. Stretching from high technology to labour-intensive production, the textile industry offers a new profile of democratisation and market liberalization, and recently of globalization and adjustment in the wake of the Asian Financial Crisis. Rather than pluralism, corporatism, or clientelism alone, multiple competing channels address market imperfections and the inadequacy of institutions. This mosaic of different forms of trust, termed syncretic capitalism, channels interest conflicts and promotes the compromises necessary to bridge periods of crisis and concentrated growth. Interviews at firms, labour offices and government bureaus give human detail to the Korean growth and adjustment story. Market and Society in Korea provides a narrative of industrial families and state leaders, conglomerates and organized labour contesting, competing and sometimes cooperating in the making of an industry. The concept of syncretic capitalism taps the variety of societal forms of governance to balance the current emphasis on state-led development in South Korea. The first comprehensive review of the past and present of a leading sector, the volume offers a new interpretation of society and market in South Korea. Drawing insights from the New Economic Sociology, this study sheds new light on social systems of production in the South Korean Miracle. Contrasts with Thailand and Japan bring the Korean experience of interest contention into a comparative context of Asian capitalism.

Buy Market and Society in Korea by Dennis McNamara from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780415274814
ISBN-10: 0415274818
Format: Hardback
(234mm x 156mm x mm)
Pages: 272
Imprint: Routledge
Publisher: Taylor & Francis Ltd
Publish Date: 4-Apr-2002
Country of Publication: United Kingdom

Book Reviews - Market and Society in Korea by Dennis McNamara

» Have you read this book? We'd like to know what you think about it - write a review about Market and Society in Korea book by Dennis McNamara and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review


Books By Dennis McNamara

Business Innovation in Asia by Dennis McNamara
Paperback, October 2011
$62.99
Trade And Transformation In Korea, 1876-1945 by Dennis McNamara
Paperback, October 1998
$49.50