New Capitalism?
Language: English
Pages: 240
ISBN: 0745633250
Format: PDF / Kindle (mobi) / ePub
In this stimulating and highly original work, Kevin Doogan looks at contemporary social transformation through the lens of the labour market. Major themes of the day -- globalization, technological change and the new economy, the pension and demographic timebombs, flexibility and traditional employment -- are all subject to critical scrutiny.
We are often told that a new global economy has emerged which has transformed our lives. It is argued that the pace of technological change, the mobility of multinational capital and the privatization of the welfare state have combined to create a more precarious world. Companies are outsourcing, jobs are migrating to China and India, and a job for life is said to be a thing of the past. The so-called 'new capitalism' is said to be the result of these profound changes.
Kevin Doogan takes issue with these widely-accepted ideas and subjects the transformation of work to detailed examination through a comprehensive analysis of developments in Europe and North America. He argues that precariousness is not a natural consequence of this fast-changing world; rather, current insecurities are manufactured, emanating from government policy and the greater exposure of the economy to market forces.
New Capitalism? The Transformation of Work is sure to stimulate academic debate. Kevin Doogan's account will appeal not just to scholars, but also to upper-level students across the social sciences, including the sociology of work, industrial relations, globalization, economics, social policy and business studies
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North America and the European Union the story is similar, in that long-term employment rises in old and new industries, in public and private sectors and in high turnover and low turnover firms. Contrary to the new economy hype long-term employment is associated with increas ing employment of professional and technical grades. In contrast to the perspective of new relations of employment giving rise to increas ing temporariness, long-term employment expansion owes much to the rise of women’s.
Rise of subcontracting and outsourcing, while at the same time acknowledging that the large firms have got larger. The third spirit arises unannounced and unrelated to broader insti tutional changes in society with the changing role of the state conspic uously absent, and the wider consideration of neoliberalism missing. The discussion of the new management literature presented here suggests that this is not some spontaneous shift in managerial thinking and has to be understood as neoliberal.
Providers and recipients (see Garrett 1998), while others, moreover, suggest that globalization allows a certain amount of welfare ‘regime shopping’ (Crouch 1998). In these circumstances governments have been forced to abandon pro-welfare policies because of the threat of an exodus of capital. The case of the French Socialist government, which came to office in 1981 on a pledge of Keynesian expansionary policies and then performed a dramatic u-turn by introducing austerity measures in the.
Presenting itself as incapable of dealing with technolog ical, demographic and global forces beyond its control. Thus the ‘myth of the powerless state’ (Weiss 1998) is a central feature of neoliberal policy, yet ironically the state itself appears as chief myth maker. Welfare Retrenchment and Expansion in Europe It might seem odd to a public that has been exposed to neoliberal poli cies for more than two decades that the idea of welfare retrenchment should need to be debated. For many the only.
Capacity to fund social security, including changes in productivity growth labour market participation, immigration and fertility, Wray convincingly argues that projected demographic changes are surprisingly modest and can be accommodated by small policy reforms (Wray 2006). It is perhaps worth returning to the World Bank case for the privati zation of social security, which is based on its experiences with its clients in South America since the late 1980s, and consider claims firstly for.