ABSTRACT
This conclusion presents some closing thoughts on the concepts discussed in this book. The book explores the historical routes into the varieties of capitalism, distinguishing between the liberal economies of Britain and the United States and the continental capitalisms of France and Germany. It involves linking the relationship between type of state and legal systems outlined above: the status of the rule of law, the balance between judicial and administrative power, and how independent of the state the judiciary is. Property rights of capital and particularly property rights in tradable capital became more strongly protected than property rights of labour in liberal economies. The book argues that the landed/mercantile and financial interests banded together and were more represented in Parliament than was industrial capital. It draws out the multiple linkages within the paths of the different institutional evolutions, with an emphasis on their key historical periods when these configurations were laid down in each country.
