Comparing Welfare Capitalism

This book challenges the popular thesis of a downward trend in the viability of welfare states in competitive market economies. With approaches ranging from historical case studies to cross-national analyses, the contributors explore various aspects of the relationships between welfare states, industrial relations, financial government and production systems. Building upon and combining comparative studies of both the varieties of capitalism and the worlds of welfare state regimes, the book considers issues such as: *the role of employers and unions in social policy *the interdependencies between financial markets and pension systems * the current welfare reform process. It sheds new light on the tenuous relationship between social policies and market economies and provides thought-provoking reading for students and scholars of Comparative Politics, Public Policy, the Welfare State and Political Economy.

Few discussions in modern social science have occupied as much attention as the changing nature of welfare states in western societies. Gosta Esping-Andersen, one of the most distinguished contributors to current debates on this issue, here provides a new analysis of the character and role of welfare states in the functioning of contemporary advanced western societies. Esping-Andersen distinguishes several major types of welfare state, connecting these with variations in the historical development of different western countries. Current economic processes, the author argues, such as those moving towards a post-industrial order, are not shaped by autonomous market forces but by the nature of states and state differences. Fully informed by comparative materials, this book will have great appeal to everyone working on issues of economic development and post-industrialism. Its audience will include students and academics in sociology, economics and politics.

"How different would Americans' lives be if they had guaranteed access to health care, generous public pensions, paid family leave, high-quality public pre-school care, increased rights at work, and a greater say in how corporations are run?This one-of-a-kind book emphasizes that differences in policies and institutions affect the lives of citizens by comparing health, pension, and family policies, as well as labor markets and corporate governance in the United States, Sweden, and Germany. Demonstrating that the US model of capitalism is not the only one that is viable, Bowman encourages students not only to rethink their assumptions about what policy alternatives are feasible, but also to learn more about American capitalism through insightful contrast. Covering a wide range of policy areas and written in a crisp, engaging style, Capitalisms Compared is a perfect companion for courses in political economy and public policy. Key features: Clear and concrete descriptions of complex policy areas enable students to gain a full understanding of how policies and institutions actually work; Policy comparisons are presented in a way that emphasizes the relevance of policies to students' lives and well-being; Key Concepts and Questions for Review and Reflection enable students to check their understanding and push them to reexamine their assumptions about the appropriate role of government."--Publisher's website.

The author aims to develop conceptual refining and theoretical reframing of the productivist welfare capitalism thesis in order to address a set of questions concerning whether and how productivist welfarism has experienced both continuity and change in East Asia.

This book traces how individuals fare over time in each of the three principal types of welfare state.

The Personal Responsibility and Work Opportunity Reconciliation Act of 1996 is used as a point of departure for a critique of contemporary welfare policy and the capitalist state. Martin and Torres set out to renew a critical Marxist method by extending it to an analysis of contemporary social policy. It is in this approach that they set out to argue that a critique of welfare policy within the context of capitalism is more timely and important than ever before.

Seminar paper from the year 2008 in the subject Sociology - Politics, Majorities, Minorities, grade: 2, University of Tubingen, course: Comparative Research, language: English, abstract: In this paper Esping-Andersen’s “The Three Worlds of Welfare Capitalism” will be illustrated followed by an discussion which is concerned with an empirical critique that refers to the number of welfare-state regimes Esping-Andersen suggests. Since the end of the 20th century, welfare states emerged in every industrialized society to protect its citizens against certain risks and disadvantages. The national differences of these social protection systems are admittedly considerable. This diversity has been ever since an issue for historical and social science and poses challenging questions: What are the differences of the different nation systems? Where do they come from – do they exist due to political, cultural or economic reasons? In 1990 Gøsta Esping-Andersen published “The Three Worlds of Welfare Capitalism” which became a milestone concerning the field of comparative welfare state research. Since the The Three Worlds of Welfare Capitalism was published, it is extremely difficult to find even one article on welfare states in which Esping-Andersen’s approach is not at least mentioned. Reams of reviews, articles, critiques and additions were composed. An issue that is discussed ever since and which is still a topic of controversial debates is the number of regime types which should be distinguished. As the title already shows, Esping-Andersen suggests three distinctive welfare-types, but his empirical argumentation in particular caused a debate concerning the actual number of types.

In Recasting Welfare Capitalism, Mark Vail employs a sophisticated and original theoretical approach to compare welfare states and political-economic adjustment in Germany and France. He examines how and why institutional change takes place and what factors characterize economic evolution when moving from times of prosperity to more austere periods and back again. Covering the 1970s to the present, Vail analyzes social and economic reforms, including labor policy, social-insurance, and anti-poverty programs. He focuses on the tactics and actions of key political players, and demolishes the stagnation argument that suggests that France and Germany have largely frozen political economies, incapable of reform. Vail finds that these respective evolutions involve interrelated changes in social and economic policies and are characterized by political relationships that are continuously renegotiated—often in unpredictable ways. In the process, he presents a compelling reconceptualization of change in both the welfare state and the broader political economy during an age of globalization.