This book assesses the changing nature of state intervention in the economies of the affluent democracies. Against a widespread understanding that contemporary developments, such as globalization and new technologies, are pressing for a rollback of state regulation in the economy, the book shows that these same forces are also creating new demands and opportunities for state intervention. Thus, state activism has shifted, rather than simply eroded.

State authorities have shifted from a market-steering orientation to a market-supporting one. Chief among the new state missions are:...

This book offers a new interpretation of the transformation of French economic policymaking and state-society relations over the past twenty-five years. In so doing, it challenges widely held views about the preconditions for state leadership and for a vibrant civil society.

France has long been characterized as a statist or dirigiste political economy, with state "strength" predicated on autonomy from a weak and divided civil society. Jonah Levy shows that this disdain for societal and local institutions has come back to haunt French officials--what he terms "Tocqueville's...