000 01992nam a2200253Ia 4500
999 _c515
_d515
003 DE-boiza
005 20230929124801.0
008 190909
020 _a978-1-10-767956-6
040 _cIZA
100 _aThelen, Kathleen
_91675
245 0 _aVarieties of Liberalization and the New Politics of Social Solidarity
260 _c2014
_bCambridge University Press,
_aCambridge et al.,
300 _a282 pages
340 _hJ3 87
520 _aThis 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.
650 _aeconomic development
_91676
650 _alabor market policy
_9230
651 _aDenmark
_91677
651 _aGermany
_941
651 _aUSA
_91678
856 _uhttps://www.cambridge.org/core/books/varieties-of-liberalization-and-the-new-politics-of-social-solidarity/6B0C1F8C3CF8761FEDE4C8E70329C0A0#fndtn-information
_yPublisher's website
942 _cBO
_2JEL