Socio-Economic Review, 2016, Vol. 14, No. 2, 383–394 doi: 10.1093/ser/mww007 Review Symposium Review Symposium Pablo Beramendi, Silja Häusermann, Herbert Kitschelt, and Hanspeter Kriesi (eds), 2015, Downloaded from The Politics of Advanced Capitalism, Cambridge University Press http://ser.oxfordjournals.org/ Key words: industrial relations, labor market policy inequality, institutional change, liberalization JEL classification: J50 labor-management relations, trade unions, and collective bargaining, P16 political economy Peter A. Hall* Minda de Gunzburg Center for European Studies, Harvard University, Cambridge, MA, USA at London School of economics on June 14, 2016 *Correspondence:
[email protected] Despite an efflorescence of work, much of it in this journal, the study of comparative political economy suffers from two conspicuous lacunae. The field continues to display the marks of its birth in an era when manufacturing still lay at the core of most economies. Although attention gradually shifted towards services, seen as a growing source of employment if a drag on prod- uctivity, with a few exceptions, the field has been slow to consider how a ‘fourth industrial revolution’ in information technology and biotech might be changing the nature of employ- ment and the basis for growth in the developed democracies. The eyes of the field also remained fixed on producer group politics, seeing it as the motor for developments in the political economy. The study of trade unions and employers’ associa- tions has often been its bread and butter. As a result, there has long been a gulf between studies in comparative political economy and studies of electoral politics, as Kitschelt et al.