ABSTRACT
How should we think about the interaction between IWS and SWS? Only a decade ago, there was a tendency in the comparative sociology and political economy literature to link positive economic and social outcomes with the ‘correct’ mix of institutions. For example, neocorporatism (i.e. strong labour unions, wage equality, etc.) predicted lower inflation and unemployment in OECD countries. While naïve ideas about the role of institutional frameworks have gradually been replaced by more complex ideas about the interaction between institutions and economic organizations, they still inform, at least initially, many of the debates.
