The Max Planck Institute for the Study of Societies conducts advanced basic research on the governance of modern societies. It aims to develop an empirically based theory of the social and political foundations of modern economies by investigating the interrelation between economic, social and political action. Using primarily an institutional approach, it examines how
markets and business organizations are embedded in historical, institutional, political and cultural frameworks, how they develop, and how their social contexts change over time. The institute seeks to build a bridge between theory and policy and to contribute to political debate on major challenges facing modern societies.
Lecture series: Transformation of the European Models of Capitalism
In three lectures in February Bruno Amable, Scholar in Residence at the MPIfG, will examine some of the significant changes that have affected the institutions of European economies. He distinguishes between several different models of capitalism within Europe. One in particular, the Continental model, which could represent countries like France or Germany, was considered to be under more pressure for "reform" than other models. The lectures will consider several aspects of the structural reform programs implemented during the past decade and their consequences for the stability of the Continental model.
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