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Big Data and the Welfare State - How the Information Revolution Threatens Social Solidarity (Hardcover)
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Big Data and the Welfare State - How the Information Revolution Threatens Social Solidarity (Hardcover)
Series: Cambridge Studies in Comparative Politics
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A core principle of the welfare state is that everyone pays taxes
or contributions in exchange for universal insurance against social
risks such as sickness, old age, unemployment, and plain bad luck.
This solidarity principle assumes that everyone is a member of a
single national insurance pool, and it is commonly explained by
poor and asymmetric information, which undermines markets and
creates the perception that we are all in the same boat. Living in
the midst of an information revolution, this is no longer a
satisfactory approach. This book explores, theoretically and
empirically, the consequences of 'big data' for the politics of
social protection. Torben Iversen and Philipp Rehm argue that more
and better data polarize preferences over public insurance and
often segment social insurance into smaller, more homogenous, and
less redistributive pools, using cases studies of health and
unemployment insurance and statistical analyses of life insurance,
credit markets, and public opinion.
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