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Beyond and Beneath the Hierarchical Market Economy

Beyond and Beneath the Hierarchical Market Economy. Adam Fishwick University of Sussex adf25@sussex.ac.uk. Global Production and Working Class Conflict in Argentina’s Automobile Industry. Varieties of Capitalism and Global Commodity Chains Compared. Institutional context Firm behaviour

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Beyond and Beneath the Hierarchical Market Economy

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  1. Beyond and Beneath the Hierarchical Market Economy Adam Fishwick University of Sussex adf25@sussex.ac.uk Global Production and Working Class Conflict in Argentina’s Automobile Industry

  2. Varieties of Capitalism and Global Commodity Chains Compared • Institutional context • Firm behaviour • Interconnectedness • Upgrading and dynamism • National versus Global

  3. The Hierarchical Market Economy (HME) in Latin America • What is the HME? • Hierarchical inter-firm relations and corporate governance • Atomistic labour relations • ‘Low skill trap’ • Implications for Latin American development • Negative institutional complementarities • ‘Default to hierarchy’

  4. Going Beyond and Beneath • Firm behaviour and global interconnectedness • TNCs in the Global South • Global competition and GCC • Strategic investment and accumulation • Social conflict and workers • Co-determination • Dynamic and contingent political interests • Contested trajectories

  5. Driving Development?Automobile TNCs in Argentina • Post war competition • European and US firms • Pent up demand • Opening of investment and trade barriers • Fragmentation and high costs • Proliferation of models • Low technology investment • High profitability

  6. Contested Trajectories:The Working Class in Córdoba • Beyond passivity • Work and management • Proto-Taylorism • Labour relations • Fragmentation and socialisation • Political identity • Nascent alternatives

  7. Towards Conclusions… • Beyond and beneath the HME • Beyond • Global interconnectedness • Strategic decision making • Beneath • Local contestation • Instability and alternatives

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