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According to the book Varieties of Capitalism, there are many different ways of organizing a capitalist economy. There seems to be two extremes in the Coordinated Market Economy (CME) model, which captures certain salient features of northern Europe (in particular in Denmark, Finland,
Norway, Sweden, Austria,
Belgium, Netherlands,
Germany, Switzerland), and the Liberal Market Economy (LME) model. It is similar to the US style economy and also partially present in UK, Canada,
Australia, New Zealand, Ireland.
Ben Ross Schneider and David Soskice: Inequality in developed
countries and Latin America:
coordinated, liberal and
hierarchical systems. Economy and Society Volume 38 Number 1 February 2009: 17-52