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1、MarketandSocietyinKoreaHowdidindustrialstructuresintextilesevolveintheabsenceofsophisticatedmarket-supportinginstitutions?Assessingtherolesofcapital,labour,andstate,DennisMcNamaradiscoversadistinctivestyleofinterestbargainingtobridgeuncertaintiesandfosterentrepreneurship.Thetextileindustryservesasam
2、icrocosmofthebroadersocialchangesofthepastfivedecades.Dramatictransitionsfromfamilyfirmstoprofessionalcapitalism,fromstatedirectiontoregulation,andfromcompanyunionstoindustryfederationstakecentrestage.Movingamongexecutives,labourleaders,andstateofficials,theauthorchartsdevelopmentacrossthecrucibleof
3、contendinginterests.Stretchingfromhightechnologytolabour-intensiveproduction,thetextileindustryoffersanewprofileofdemocratizationandmarketliberalization,andrecentlyofglobalizationandadjustmentinthewakeoftheAsianfinancialcrisis.Ratherthanpluralism,corporatism,orclientelismalone,multiplecompetingchann
4、elsaddressmarketimperfectionsandtheinadequacyofinstitutions.Thismosaicofdifferentformsoftrust,termedsyncreticcapitalism,channelsinterestconflictsandpromotesthecompromisesnecessarytobridgeperiodsofcrisisandconcentratedgrowth.Interviewswithfirms,labourofficesandgovernmentbureauxgivehumandetailtotheKor
5、eangrowthandadjustmentstory.MarketandSocietyinKoreaprovidesanarrativeofindustrialfamiliesandstateleaders,conglomeratesandorganizedlabourcontesting,competingandsometimescooperatinginthemakingofanindustry.Theconceptofsyncreticcapitalismtapsthevarietyofsocietalformsofgovernancetobalancethecurrentemphas
6、isonstate-leddevelopmentinSouthKorea.Thefirstcomprehensivereviewofthepastandpresentofaleadingsector,thevolumeoffersanewinterpretationofsocietyandmarketinSouthKorea.DrawinginsightsfromtheNewEconomicSociology,thisstudyshedsnewlightonsocialsystemsofproductionintheSouthKoreanMiracle.ContrastswithThailan
7、dandJapanbringtheKoreanexperienceofinterestcontentionintoacomparativecontextofAsiancapitalism.DennisMcNamaraistheParkProfessorofSociologyandKoreanStudiesatGeorgetownUniversity,Washington,DC.Hispublica
