In this ambitious book, Roderick Martin follows a comparative institutionalist approach in describing how the major institutions governing capitalist economies were constructed and key features of their business systems changed. He discusses four CEE countries, Poland, the Czech Republic, Hungary, and Romania, in the roughly 20 years since the collapse of the Soviet Union. Constructing Capitalisms focuses on four major features, or axes, of structural change, in these political economies: property ownership, means of capital allocation and accumulation, conditions governing access to and mode of involvement in local, national, and international markets and production systems, and the differentiation of economic activities from the state.