Publications
Publications
- January 2015 (Revised January 2018)
- HBS Case Collection
Note on Comparative Capitalism
By: Clayton S. Rose and Rebecca Henderson
Abstract
This note draws on academic work, as well as social and economic data across several countries, to provide a basic understanding of some of the differences among capitalist systems. It begins with a description of the system of capitalism, and characteristics that to a greater or lesser degree are universally shared. It then moves to describing two models of "comparative capitalism," as well as examining state capitalism. Finally, for additional perspective the note provides cross-sectional and time-series data for social, economic and political metrics for five different capitalist systems—China, Germany, Japan, Sweden and the United States.
Keywords
Citation
Rose, Clayton S., and Rebecca Henderson. "Note on Comparative Capitalism." Harvard Business School Technical Note 315-077, January 2015. (Revised January 2018.)