6. Conclusion: The Future of Advanced Capitalist Democracies

2019 ◽  
pp. 257-278
Keyword(s):  
The Future ◽  
Capitalist Democracies ◽  
Advanced Capitalist

Knowledge Economies and their Political Construction

2019 ◽  
pp. 136-215
Author(s):  
Torben Iversen ◽  
David Soskice
Keyword(s):  
Information And Communications Technology ◽  
Communications Technology ◽  
Political Opposition ◽  
Occupy Movement ◽  
Advanced Capitalism ◽  
Technology Revolution ◽  
The Face ◽  
Knowledge Economies ◽  
Capitalist Democracies ◽  
Advanced Capitalist

This chapter argues that the information and communications technology revolution clearly illustrates the underlying hypotheses of the book: first, that advanced capitalist democracies have been remarkably resilient in the face of major shocks—even given the rise of populism, neither advanced capitalism, nor advanced democracy, nor the autonomy of the advanced nation state, are under attack. Second, that the advanced capitalist democracies face political opposition from groups who feel that they and their children are left out of and excluded from the benefits of the “American Dream” (or equivalent); and can organize (or be organized) politically. Third, apart from small isolated groups—for example, the Occupy movement—effective political opposition is in no way socialist, nor is it concerned to destroy or take over advanced capitalism.

Why a citizens' basic income? A question of gender equality or gender bias

2007 ◽  
Vol 21 (2) ◽  
pp. 337-348 ◽  
Author(s):  
Ailsa McKay
Keyword(s):  
Social Security ◽  
Gender Equality ◽  
Gender Bias ◽  
Social Security Reform ◽  
Basic Income ◽  
Minimum Income ◽  
Fixed Set ◽  
The Future ◽  
Advanced Capitalist

Current debates concerning the future of social security provision in advanced capitalist states have raised a citizens' basic income as a possible reform package: a proposal based on the principles of individuality, universality and unconditionality, ensuring a minimum income guarantee for all members of society. Arguments in favour of a citizens' basic income have traditionally been contrived within a fixed set of parameters associated with a particular view of the principles of economic organization.That is, a citizens' basic income is considered a model for social security reform that conforms to market based structures of exchange, particularly those associated with the market for labour, and as such contributes positively to the efficient functioning of capitalist economies. This article highlights the 'gender blind' nature of such debates and presents a case for a citizens' basic income based on a more inclusive notion of citizenship.

Conclusion: The Future of Advanced Capitalist Democracies

2019 ◽  
pp. 257-278
Author(s):  
Torben Iversen ◽  
David Soskice
Keyword(s):  
Technological Change ◽  
New Technology ◽  
The Political ◽  
The Public ◽  
Great Debate ◽  
Advanced Capitalism ◽  
Developed World ◽  
Capitalist Democracies ◽  
Advanced Capitalist

This chapter argues that governments in the developed world pursue policies to expand the advanced capitalist sectors, including tough competition policies, which force capitalists to compete and take risks rather than guaranteeing them safe and high returns on their capital. The resulting national frameworks both supply the public goods required for innovation, and impose the competitive incentives to generate innovation. The political basis for these policies are educated workers and aspirational constituencies who vote for parties with a reputation for expanding the advanced capitalist sectors while acquiring skills needed for these sectors to succeed. This generates a symbiosis between advanced democracy and advanced capitalism. The remainder of the chapter reviews the great debate over technological change, and then considers the role of politics in mediating the effects of new technology.

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