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Growth, Crisis, Democracy
Since the global financial crisis of 2008, advanced economies have been making various efforts to overcome the economic impasse. While the contrast between the countries that have escaped from the crisis relatively quickly and those still suffering from serious problems is becoming clearer, a new economic crisis stemming from newly emerging economies has again impacted advanced economies. In retrospect, both leftist and rightist governments in advanced economies pursued expansive macroeconomic and welfare policies from the post-WWII period to the oil shocks of the 1970s. While we recognise that the particular policy regime in this ‘Golden Decades’ during which the left and the right impl...
Growth, Crisis, Democracy
Since the global financial crisis of 2008, advanced economies have been making various efforts to overcome the economic impasse. While the contrast between the countries that have escaped from the crisis relatively quickly and those still suffering from serious problems is becoming clearer, a new economic crisis stemming from newly emerging economies has again impacted advanced economies. In retrospect, both leftist and rightist governments in advanced economies pursued expansive macroeconomic and welfare policies from the post-WWII period to the oil shocks of the 1970s. While we recognise that the particular policy regime in this ‘Golden Decades’ during which the left and the right impl...
Policy Change under New Democratic Capitalism
Democratic capitalism in developed countries has been facing an unprecedented crisis since 2008. Its political manageability is declining sharply. Both democracy and capitalism now involve crucial risks that are significantly more serious than those observed in earlier periods. The notion of policy regimes has gained new significance in analysing the possibilities for a post-neoliberal alternative. Policy innovations directed towards an economic breakthrough require both political leadership and a new economic theory. The processes of political decision making have become quite distant from the public realm, and a limited number of economic and political elites exert influence on public poli...
Economic Crises and Policy Regimes
In this innovative book, Hideko Magara brings together an expert team to explore both the possibilities and difficulties of transitioning from a neoliberal policy regime to an alternative regime through drastic policy innovations. The authors argue that, for more than two decades, citizens in developed countries have witnessed massive job losses, lowered wages, slow economic growth and widening inequality under a neoliberal policy regime that has placed heavy constraints on policy choices. The book explores, both theoretically and empirically, the possibility of transition to a new political economic paradigm by seeking feasible answers to questions such as: why has such a regime persisted f...
The Politics of Structural Reforms
This innovative volume will be an excellent resource for political scientists specialized in political economy and industrial relations, labour economists and sociologists as well as policy practitioners and corporate governance specialists. Moreover,
Reconfiguring European States in Crisis
Reconfiguring European States in Crisis offers a ground-breaking analysis by some of Europe's leading political scientists, examining how the European national state and the European Union state have dealt with two sorts of changes in the last two decades. Firstly, the volume analyses the growth of performance measurement in government, the rise of new sorts of policy delivery agencies, the devolution of power to regions and cities, and the spread of neoliberal ideas in economic policy. The volume demonstrates how the rise of non-state controlled organizations and norms combine with Europeanization to reconfigure European states. Secondly, the volume focuses on how the current crises in fiscal policy, Brexit, security and terrorism, and migration through a borderless European Union have had dramatic effects on European states and will continue to do so.
The Last Neoliberal
This book analyses the French political crisis, which has entered its most acute phase in more than thirty years with the break-up of traditional left and right social blocs. Governing parties have distanced themselves from the working classes, leaving behind on the one hand, craftsmen, shop owners and small entrepreneurs disappointed by the timidity of the reforms of the neoliberal right and, on the other hand, workers and employees hostile to the neoliberal and pro-European integration orientation of the Socialist Party. The Presidency of Franois Hollande was less an anomaly than the definitive failure of attempts to reconcile the social base of the left with the so-called "modernisation" of the French model. The project, based on the pursuit of neoliberal reforms, did not die with Hollande's failure; it was taken up and radicalised by his successor, Emmanuel Macron. This project needs a social base, the 'bourgeois bloc", designed to overcome the right/left divide by a new alliance between the middle and upper classes. But this, as we have seen recently on the streets of Paris and elsewhere, is a precarious process.
Taking Back Control?
The era of hyperglobalization once hailed as the 'end of history' was characterised by boundless capitalist expansion. The neoliberal revolution gave rise to a politics of scale aimed at the centralization and unification of states and state systems: the replacement of national with global governance or, in Europe, of the nation-state with a supranational superstate, the European Union. The 'New World Order' proclaimed by the United States in the wake of the Soviet collapse proved to be ungovernable by democratic means. Instead, it was ruled through a combination of technocracy and mercatocracy, failing spectacularly to provide for political stability, social legitimacy and international pea...
China's Trade Unions - How Autonomous Are They?
This book examines the status of trade unions in contemporary China, exploring the degree to which trade unions have been reformed as China is increasingly integrated into the global economy, and discussing the key question of how autonomous China’s trade unions are. Based on an extensive, grass-roots survey of local trade union chairpersons, the book reveals that although trade unions in foreign owned firms and in firms dealing with foreign firms are beginning to resemble trade unions in the West, in the majority of firms a state corporatist model of trade unions continues, with chairmen appointed by the party, with many of them occupying simultaneously party and trade union positions, an...
Social Class in Europe
Mapping the class divisions that run throughout Europe Over the last ten years - especially with the 'no' votes in the French and Dutch referendums in 2010, and the victory for Brexit in 2016 - the issue of Europe has been placed at the centre of major political conflicts. Each of these crises has revealed profound splits in society, which are represented in terms of an opposition between those countries on the losing and those on the winning sides of globalisation. Inequalities beyond those between nations are critically absent from the debate. Based on major European statistical surveys, the new research in this work presents a map of social classes inspired by Pierre Bourdieu's sociology. It reveals the common features of the working class, the intermediate class and the privileged class in Europe. National features combine with social inequalities, through an account of the social distance between specific groups in nations in the North and in the countries of the South and East of Europe. The book ends with a reflection on the conditions that would be required for the emergence of a Europe-wide social movement.
