Programmes

Capitalism, Democracy and Equality: The Political Economy of the Advanced Nations

  • Summer schools
  • Department of International Relations
  • Application code SS-IR102
  • Starting 2018

This course introduces students to the complex and conflictual relationship between democracy and capitalism in the advanced market economies (North America, Europe, Australasia and Japan).

The focus of the course is on the different ways in which democratic states have sought to promote economic growth and redistribute resources in favour of different political interests. The course presents some key concepts and theories of comparative political economy, and uses them to compare institutions, policies and outcomes across countries and over time. 

The aim is to understand why some advanced countries have grown faster than others, why some are more unequal than others, why countries have addressed common international pressures in such different ways, and how they have responded to the current crisis. Key areas of enquiry include the growth of the public sector, the structure of the welfare state, the role of electoral and party politics, the politics of monetary and fiscal policy, the distribution of income and capital, and the consequences of the current crisis. 

Dates for 2018 to be confirmed


Session: Two
Dates: 10 July - 28 July 2017
Lecturers: Dr Jonathan Hopkin and Dr David Woodruff
Prerequisites: None


 

Programme details

Key facts

Level: 100 level. Read more information on levels in our FAQs

Fees:  Please see Fees and payments

Lectures: 36 hours 

Classes: 18 hours

Assessment*: One examination and one essay

Typical credit**: 3-4 credits (US) 7.5 ECTS points (EU)


*Assessment is optional

**You will need to check with your home institution

For more information on exams and credit, read Teaching and assessment

Prerequisites

None.

Programme structure

  • Introduction: Government and the Market in the Advanced Nations
  • Models of Capitalism: Institutions and Inequality
  • Understanding Diversity: The Political Origins of Capitalism
  • The Keynesian Model and the Growth of the State
  • The Neoliberal Fightback and the Survival of Welfare
  • Democratic Institutions and Economic Inequality
  • Reforming the Welfare State
  • The Rise of Inequality
  • The Politics and Economics of Market Bubbles
  • The Credit Crunch and the Politics of Austerity
  • Central Banking and Democracy
  • Responses to Crisis: Capitalism versus Democracy?

Course outcomes

The course presents key concepts and theories of comparative political economy, and uses them to compare institutions, policies and outcomes across countries and over time. The aim is to understand why some advanced countries have grown faster than others, why some are more unequal than others, why countries have addressed common international pressures in such different ways, and how they have responded to the current crisis.

Teaching

With a vibrant research culture, the LSE Department of International Relations is one of the oldest and largest in the world, and remains a leading world centre for the development of the subject. Its reputation for international excellence was recognised in the most recent National Research Assessment Exercise when the International Relations and Government Departments, received one of the highest rankings.               

On this three week intensive programme, you will engage with and learn from full-time lecturers from the LSE.

Reading materials

Esping-Andersen, Goesta (1990). Three Worlds of Welfare Capitalism. Cambridge: Polity.

Hall, Peter and David Soskice (eds.) (2001). Varieties of Capitalism. Oxford: Oxford University Press.

Glyn, Andrew (2006). Capitalism Unleashed. Oxford: Oxford University Press.

Crouch, Colin (2011). The Strange Non-Death of Neoliberalism. Cambridge: Polity.

Blyth, Mark (2013). Austerity. The History of a Dangerous Idea. New York: Oxford University Press.

Piketty, Thomas (2014). Capital in the Twenty-First Century, Cambridge MA: Belknapp

*A more detailed reading list will be supplied prior to the start of the programme

**Course content, faculty and dates may be subject to change without prior notice

Applications open in November - Join our mailing list

Applications open in November - Join our mailing list

  • Please enter a valid email address. We will send you relevant material regarding the LSE Summer School programme.
  • Which course subject area(s) would you like to know more about?

Request detailed course outline

Request detailed course outline

  • Please enter a valid email address. We will send you relevant material regarding the LSE Summer School programme.
  • Which course subject area(s) would you like to know more about?

Related programmes

Summer Schools An Introduction to Global Religions: From the World to London (2018)

Short courses

Summer Schools An Urbanising World: The Future of Global Cities (2018)

Short courses

Summer Schools Athens to Al-Qaeda: Political Theory and International Politics (2018)

Short courses

Summer Schools Capitalism, Democracy and Equality: The Political Economy of the Advanced Nations (2018)

Short courses

Summer Schools Childhood across Cultures (2018)

Short courses

Request a prospectus

  • Name
  • Address

Register your interest

  • Name

Speak to Admissions

Content to be supplied