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Varieties of Liberalization and the New Politics of Social Solidarity (Paperback, New Ed)
Loot Price: R732
Discovery Miles 7 320
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Varieties of Liberalization and the New Politics of Social Solidarity (Paperback, New Ed)
Series: Cambridge Studies in Comparative Politics
Expected to ship within 12 - 17 working days
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Total price: R752
Discovery Miles: 7 520
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This book examines contemporary changes in labor market
institutions in the United States, Germany, Denmark, Sweden, and
the Netherlands, focusing on developments in industrial relations,
vocational education and training, and labor market policy. It
finds that there are in fact distinct varieties of liberalization
associated with very different distributive outcomes. Most
scholarship equates liberal capitalism with inequality and
coordinated capitalism with higher levels of social solidarity.
However, this study explains why the institutions of coordinated
capitalism and egalitarian capitalism coincided and complemented
one another in the 'Golden Era' of postwar development in the 1950s
and 1960s, and why they no longer do so. Contrary to the
conventional wisdom, this study reveals that the successful defense
of the institutions traditionally associated with coordinated
capitalism has often been a recipe for increased inequality due to
declining coverage and dualization. Conversely, it argues that some
forms of labor market liberalization are perfectly compatible with
continued high levels of social solidarity and indeed may be
necessary to sustain it.
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