According to Lester Thurow, a(n) _____ form of capitalism is practiced in Japan and Germany typified by cooperation among government, management, and labor.
A) atypical
B) individualistic
C) communitarian
D) independent
E) adversarial

Question

Quizplus · Accepted Answer

Thurow distinguished between the British-American "individualistic" kind of capitalism and the "communitarian" form of capitalism in Japan and Germany. The business systems in the latter two countries are typified by cooperation among government, management, and labor, particularly in Japan. Contrarily, adversarial relationships among labor, management, and government are more the norm in the United Kingdom, and particularly in the United States.

According to Lester Thurow, A(n) _____ Form of Capitalism Is