Freeman.

In the 1990s, many analysts viewed the United States as the peak capitalist economy, whose institutions other countries would be wise to emulate. By contrast, in the 1970s and 1980s, many analysts viewed Japan as the peak capitalist economy. Freeman develops criteria for judging which, if any, extant economy might be legitimately labeled the peak economy. He examines the features of the U.S. variant of capitalism and compares them to those of the Japanese variant. Freeman then evaluates the employment, wage, and...