Political Science 124 (Seminar) POLITICAL ECONOMY OF ADVANCED INDUSTRIAL DEMOCRACIES Tufts University Spring 2013 Monday, 6:30-9:00 p.m., Packard Hall Conference Room Professor Shinju Fujihira Office: Packard 002 Email: shin.fujihira@tufts.edu Office Hours: Mon., 5:15-6:15 pm, and by appointment Objectives This course examines the varieties of capitalism in developed democracies (the United States, Europe, and Japan). It aims to: (1) analyze the major works and findings in the field of comparative political economy; (2) advance the research and writing skills for completing a major social science paper; (3) examine the problems associated with social scientific inquiry such as concept formation, the comparative method, and measurement of variables; and (4) enhance the student s oral presentation and speaking skills. The course defines the field of comparative political economy broadly, and incorporates literatures from economic sociology, business, law, American political development, and Japanese political economy. Reading Assignments All reading assignments are available in the Resources of the course site on trunk.tufts.edu. The weekly reading assignments are more demanding and difficult than most courses in the social sciences at Tufts. Please plan ahead in the course of the week, so that you can complete all reading assignments well before the class on Monday evening. Requirements & Expectations 1. Seminar attendance, presentation, and discussion. Attendance in all seminar meetings is mandatory. Before every class, I will distribute a set of discussion questions, which are meant to help students prepare for the class. In order to prepare for class, all students are strongly encouraged to write their notes and comments for each discussion question. In every class, each student is paired with another student and is responsible for preparing a presentation on the reading assignments, which should last no longer than 20 minutes. The presentation can use Powerpoint, youtube.com, and other audiovisual materials, and it can also be in the form of a debate, skit, rap song etc., as long as it is helpful for class discussion. The presenters should assume that all students have completed the reading assignments, and should not summarize each reading assignment. Rather, the presenters should respond to the discussion questions distributed in advance; identify the core debates and disagreements among different readings; and raise questions which they think remain unanswered and are worth exploring in discussion. At the end of the presentation, I will offer my critiques and suggestions for presenters, and will also offer my own comments and questions on the readings. 2. Research proposal and annotated bibliography, due on Friday, March 1. 1
The research proposal must be composed of a one-page statement which clearly states the question that you want to answer in this paper, and an annotated bibliography which contains no fewer than 20 books and articles and summarizes in around five sentences why that particular source is helpful for your paper. You are also required to pick two countries for in-depth case studies. If you are not familiar with European or Japanese politics, I would recommend that you choose the United States as one of your cases. Since we will not have covered all the possible research paper topics by then, if you are interested in topics covered later in the semester (e.g. environment), you are encouraged to read the course assignments available on trunk.tufts.edu. 3. Draft of your research paper (minimum length of 15 pages) due on Wednesday, April 17. study. The draft should have a section clearly defining your research question, and one case 4. Research Paper (minimum length of 25 pages) due on Thursday, May 10. Both in terms of its content and writing, your final product must reflect the suggestions and critiques you received from me and other students during the student conferences in April. Grading Class participation: 25% Proposal 15% Draft: 20% Research paper: 40% 1. Class participation There are two components to your participation grade: contribution to the discussion in every class, and presentation. If you know in advance that you will miss a class due to reasons other than health or family emergencies, please notify me right away. You will receive a credit for your class only if you submit your answers to the discussion questions prior to class by email to the instructors. Otherwise, you will receive a 0 for the participation grade for that missed class. 2. Deadlines for proposal, draft, and research paper. Only health and family emergencies will exempt you from submitting the proposal, draft, and research paper at required deadlines. Such emergencies include serious medical illnesses and a death in the immediate family, and must be explained in a written and signed letter by the academic dean and/or healthcare provider. Your grade will be penalized by 1/3 of a letter grade for every twenty-four hours after the deadline of the paper. This means that a grade of B+ will be B if you submit your work within the first 24 hours after the deadline, and will be B- if you submit your work between the 24 to 48 hours after the deadline. 2
Schedule of Topics 1/23 (Wednesday). Introduction to the Course 1/28: Thinking about Capitalism 2/4: Neoliberalism and Partisan Governments 2/11: Business, Labor, and Human Capital Formation 2/21 (Thursday). Central Banks, Monetary Policy, and Financial Regulation 2/25: Industrial Policy, Technological Innovation, and Science 3/1 (Friday). Proposal & annotated bibliography due. 3/4: Corporate Governance 3/11: Healthcare and Welfare State Reforms 3/25: Environment and Energy 4/1: Taxation, Redistribution, and Inequality 4/8: Women, Immigrants, and Demography 4/17 (Wednesday), 4 pm: Draft (15 pages minimum) due by email to the instructor. 4/22: Conference (I) 4/29: Conference (II) 5/10 (Friday), 12 pm. Final paper (25 pages minimum) due in instructor s mailbox (Packard Hall) 3
Schedule of Reading Assignments 1/28. Thinking about Capitalism Peter Katzenstein. Small States in World Markets (Cornell, 1985). Ch. 3, Democratic Corporatism and Its Variants. Gosta Esping-Andersen. The Three Political Economies of the Welfare State. Chapter 1 in The Three Worlds of Welfare Capitalism (Princeton, 1990). Peter Hall and David Soskice. An Introduction to Varieties of Capitalism. Chapter 1 in Peter Hall and David Soskice eds., Varieties of Capitalism: The Institutional Foundations of Comparative Advantage (Oxford University Press, 2001), pp. 1-44 only. Paul Krugman. How Did Economists Get It So Wrong? New York Times Magazine (September 6, 2009). 2/4. Neoliberalism and Partisan Governments Carles Boix. Political Parties, Growth, and Equality: Conservative and Social Democratic Strategies in the World Economy (Cambridge University Press, 1998). The Political and Electoral Dimensions of the Conservative Economic Strategy. Mark Blyth, Great Transformations: Economic Ideas and Institutional Change in the Twentieth Century (Cambridge, 2002). Ch. 6, Disembedding Liberalism in the United States. Monica Prasad. The Politics of Free Markets: The Rise of Neoliberal Economic Policies in Britain, France, Germany, and the United States (Chicago, 2006). Ch. 3, Coalition Politics and Limited Neoliberalism in West Germany (pp. 162-92 only). Additional reading TBA. 2/11. Business, Labor, and Human Capital Formation Peter Swenson. Varieties of Capitalist Interests: Power, Institutions, and the Regulatory Welfare State in the United States and Sweden. Studies in American Political Development (Spring 2004). Kathleen Thelen. How Institutions Evolve: The Political Economy of Skills in Germany, Britain, the United States, and Japan (Cambridge, 2004). Ch. 2, The Evolution of Skill Formation in Germany. Jonas Pontusson. Employment Performance and Participation, Security, Mobility, and Skills. Chapters 4 and 6 in Inequality and Prosperity: Social Europe vs. Liberal America (Cornell, 2005), 4
2/21 (Thursday). Central Banks, Monetary Policy, and Financial Regulation Peter Hall and Robert J. Franzese. Mixed Signals: Central Bank Independence, Coordinated Wage Bargaining, and European Monetary Union. International Organization (Summer 1998). Robert Feldman and Thierry Porte. Lessons from Japan for a Troubled World: Finance, Economics, and Politics. Transcript from the Program on U.S.-Japan Relations Seminar, Harvard University (April 14, 2009). Heidi Mandanis Schooner and Michael Taylor. United Kingdom and United States Responses to the Regulatory Challenges of Modern Financial Markets. Texas International Law Journal (2003). Articles on contemporary Eurozone crisis and Japan s monetary policy TBA. 2/25. Industrial Policy, Technological Innovation, and Science Chalmers Johnson. MITI and the Japanese Miracle: The Growth of Industrial Policy, 1925-1975 (Stanford, 1982). Ch. 6, The Institutions of High-Speed Growth. Michael Zachary Taylor. Empirical Evidence against Varieties of Capitalism s Theory of Technological Innovation. International Organization (Summer 2004). Robert Paarlberg. Knowledge as Power: Science, Military Dominance, and U.S. Security. International Security (Vol. 29, No. 1, 2004). John Francis and Alex Pevzner. Airbus and Boeing: Strengths and Limitations of Strong States. Political Science Quarterly (2006). 3/4. Corporate Governance Mark Roe. Political Determinants of Corporate Governance (Oxford, 2003), Chapters 3-6. Peter Gourevitch and James Shinn. Political Power and Corporate Control: The New Global Politics of Corporate Governance (Princeton, 2005), pp. 132-48, 150-67, 237-62. John Cioffi and Martin Höpner. The Political Paradox of Finance Capitalism: Interests, Preferences, and Center-Left Party Politics in Corporate Governance Reform. Politics and Society (2006). Pepper Culpepper. Quiet Politics and Business Power: Corporate Control in Europe and Japan (Cambridge, 2011). Ch. 6, Noisy Politics of Executive Pay. 5
3/11. Healthcare and Welfare State Reforms Philip Manow and Susan Giaimo. Adapting the Welfare State: The Case of Health Care Reform in Britain, Germany, and the United States. Comparative Political Studies (December 1999). Jacob Hacker. Dismantling the Healthcare State? Political Institutions, Public Policies and the Comparative Politics of Health Reform. British Journal of Political Science (October 2004). Julia Lynch. Measuring the Age of Welfare. Ch. 2 in Age in the Welfare State: The Origins of Social Spending on Pensioners, Workers, and Children (Cambridge, 2006). Jacob Hacker. The Road to Somewhere: Why Health Reform Happened. Perspectives on Politics (September 2010). 3/25. Environment and Energy Lyle Scruggs. Institutions and Environmental Performance in 17 Western Democracies, in British Journal of Political Science (1999). David Vogel. The Hare and the Tortoise Revisited: The New Politics of Consumer and Environmental Regulation in Europe. British Journal of Political Science (2003). Yves Tiberghien and Miranda Schreurs. High Noon in Japan: Embedded Symbolism and Post- 2001 Kyoto Protocol Politics. Global Environmental Politics (November 2007). Miranda Schreurs, Henrik Selin, and Stacy VanDeveer. Conflict and Cooperation in Transatlantic Climate Politics: Different Stories at Different Levels. Chapter 10 in Schrerus, Selin, and VanDeveer eds., Transatlantic Environment and Energy Politics: Comparative and International Perspectives (Ashgate, 2009). 4/1. Taxation, Redistribution, and Inequality Junko Kato. Regressive Taxation and the Welfare State (Cambridge, 2003). Ch. 1, Argument: Path Dependency and the Diffusion of a Regressive Tax. Kenneth Scheve and David Stasavage. The Conscription of Wealth: Mass Warfare and the Demand for Progressive Taxation. International Organization (September 2010). Alberto Alesina and Edward Glaeser. Fighting Poverty in the US and Europe: A World of Difference (Oxford, 2004). Ch. 6, Race and Redistribution. Larry Bartels. The Partisan Political Economy. Ch. 2 in Unequal Democracy: The Political Economy of the New Gilded Age (Princeton, 2008). 4/8. Women, Immigrants, and Demography 6
Kimberly Morgan. The Politics of Mother s Employment: France in Comparative Perspective. World Politics (January 2003). Margarita Estevez-Abe. Gendering the Varieties of Capitalism: A Study of Occupational Segregation by Sex in Advanced Industrial Societies. World Politics (October 2006). Devesh Kapur and John McHale. Give Us Your Best and Brightest: The Global Hunt for Talent and Its Impact on the Developing World (Center for Global Development, 2005). Ch. 3, The International Competition for Talent. James Feyrer, Bruce Saccerdote, and Ariel Dora Stern. Will the Stork Return to Europe and Japan? Understanding Fertility within Developed Nations. Journal of Economic Perspectives (Summer 2008). 4/22, 4/29: Conference (I) & (II) Drafts (minimum 15 pages) of student papers. 7