Social Democratic Capitalism

Social Democratic Capitalism

Author: Lane Kenworthy

Publisher: Oxford University Press, USA

Published: 2020

Total Pages: 305

ISBN-13: 0190064110

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What is the configuration of institutions and policies most conducive to human flourishing? The historical and comparative evidence from the world's rich democratic countries suggests that the answer is capitalism, a democratic political system, good elementary and secondary schooling, a big welfare state, employment-conducive public services, and moderate regulation of product and labor markets. This set of policies and institutions, which sociologist Lane Kenworthy calls social democratic capitalism, improves living standards for the least well-off, enhances economic security, and very likely boosts equality of opportunity. And it does so without sacrificing the many other things we want in a good society, from liberty to economic growth and much more. While the Nordic nations have been social democratic capitalism's chief practitioners, there is good reason to think other affluent countries, including the United States, will move in this direction in coming decades.


Capitalism and Social Democracy

Capitalism and Social Democracy

Author: Adam Przeworski

Publisher: Cambridge University Press

Published: 1986-12-26

Total Pages: 284

ISBN-13: 9780521336567

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Not to repeat past mistakes: the sudden resurgence of a sympathetic interest in social democracy is a response to the urgent need to draw lessons from the history of the socialist movement. After several decades of analyses worthy of an ostrich, some rudimentary facts are being finally admitted. Social democracy has been the prevalent manner of organization of workers under democratic capitalism. Reformist parties have enjoyed the support of workers.


After Social Democracy

After Social Democracy

Author: John Gray

Publisher: Demos

Published: 1996

Total Pages: 56

ISBN-13: 1898309523

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Argues that in the current context of global economic and technological developments social democracy has become obsolete. Suggests that a 'communitarian liberalism' is a natural successor to both neoliberalism and social democracy.


Social Democratic America

Social Democratic America

Author: Lane Kenworthy

Publisher: Oxford University Press

Published: 2013-12-03

Total Pages: 249

ISBN-13: 019932252X

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America is the one of the wealthiest nations on earth. So why do so many Americans struggle to make ends meet? Why is it so difficult for those who start at the bottom to reach the middle class? And why, if a rising economic tide lifts all boats, have middle-class incomes been growing so slowly? Social Democratic America explains how this has happened and how we can do better. Lane Kenworthy convincingly argues that we can improve economic security, expand opportunity, and ensure rising living standards for all by moving toward social democracy. Drawing on his extensive knowledge of social policy in America and other affluent countries, he proposes a set of public social programs, including universal early education, an expanded Earned Income Tax Credit, wage insurance, the government as employer of last resort, and many others. Kenworthy looks at common objections to social democracy, such as the oft-repeated claim that Americans don't want big government, which he readily debunks. Indeed, we already have in place a host of effective and popular social programs, from Social Security to Medicare to public schooling. Moreover, the available evidence suggests that rich nations can generate the tax revenues needed to pay for generous social programs while maintaining an innovative and growing economy, and without restricting liberty. Can it happen? Kenworthy describes how the US has been progressing slowly but steadily toward a genuine social democracy for nearly a century. Controversial and powerful, Social Democratic America shows that the good society doesn't require a radical break from our past; we just need to continue in the direction we are already heading.


The Library and the Workshop

The Library and the Workshop

Author: Jenny Andersson

Publisher: Stanford University Press

Published: 2009-12-04

Total Pages: 208

ISBN-13: 0804772924

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This book offers a detailed account of the way that social democracy today makes sense of capitalism. In particular, it challenges the idea that social democracy has gone "neoliberal," arguing that so-called Third Way policies seem to have brought out new aspects of a thoroughgoing social interventionism with roots deep in the history of social democracy. Author Jenny Andersson expertly develops the claim that what distinguishes today's social democracy from the past is the way that it equates cultural and social values with economic values, which in turn places a premium on individuals who are capable of succeeding in the knowledge economy. Offering an insightful study of Britain's New Labour and Sweden's SAP, and of the political cultural transformations that have taken place in those countries, this is the first book that looks seriously into how the economic, social, and cultural policies of contemporary social democracy fit together to form a particular understanding of capitalism and capitalist politics.


Social Capitalism

Social Capitalism

Author: Kees van Kersbergen

Publisher: Routledge

Published: 2003-09-02

Total Pages: 308

ISBN-13: 1134818343

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First published in 2004. Routledge is an imprint of Taylor & Francis, an informa company.


The Spirit of Democratic Capitalism

The Spirit of Democratic Capitalism

Author: Michael Novak

Publisher:

Published: 2015-05-18

Total Pages:

ISBN-13: 9780578163994

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30 years after the release of his ground-breaking work, The Spirit of Democratic Capitalism, Michael Novak returns to answer the question of what gives rise to democratic capitalism - that intricate blend of commerce and rule of law that encourages peace and global trade. This essay is vital to understanding the intangible environment that best inspires human flourishing, as it discovers capitalism's essence, and uncovers what truly fosters creativity.Novak articulates how democratic capitalism works toward creating, not just consuming, wealth, along with encouraging ambition, discipline, and mutual benefit. He explains how critics fail to consider the interaction between the system and the role that economic, political, and moral liberties play in comprehensive human flourishing.This new and exciting work enlivens the connection between the Bible and democratic capitalism by showcasing how seamlessly the dynamic polity fits with the imperatives of human capacity and drive.


Capitalism and Democracy

Capitalism and Democracy

Author: Thomas A. Spragens, Jr.

Publisher: University of Notre Dame Pess

Published: 2021-03-01

Total Pages: 319

ISBN-13: 0268200157

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This book serves as an introduction to the ongoing political debate about the relationship of capitalism and democracy. In recent years, the ideological battles between advocates of free markets and minimal government, on the one hand, and adherents of greater democratic equality and some form of the welfare state, on the other hand, have returned in full force. Anyone who wants to make sense of contemporary American politics and policy battles needs to have some understanding of the divergent beliefs and goals that animate this debate. In Capitalism and Democracy, Thomas A. Spragens, Jr., examines the opposing sides of the free market versus welfare state debate through the lenses of political economy, moral philosophy, and political theory. He asks: Do unchecked markets maximize prosperity, or do they at times produce wasteful and damaging outcomes? Are market distributions morally appropriate, or does fairness require some form of redistribution? Would a society of free markets and minimal government be the best kind of society possible, or would it have serious problems? After leading the reader through a series of thought experiments designed to compare and clarify the thought processes and beliefs held by supporters of each side, Spragens explains why there are no definitive answers to these questions. He concludes, however, that some answers are better than others, and he explains why his own judgement is that a vigorous free marketplace provides great benefits to a democratic society, both economically and politically, but that it also requires regulation and supplementation by collective action for a society to maximize prosperity, to mitigate some of the unfairness of the human condition, and to be faithful to important democratic purposes and ideals. This engaging and accessible book will interest students and scholars of political economy, democratic theory, and theories of social justice. It will also appeal to general readers who are seeking greater clarity and understanding of contemporary debates about government's role in the economy.


Would Democratic Socialism Be Better?

Would Democratic Socialism Be Better?

Author: Lane Kenworthy

Publisher: Oxford University Press

Published: 2022-05-03

Total Pages: 241

ISBN-13: 0197636837

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Interest in democratic socialism is on the rise, but this wide-ranging comparison of two systems shows that the Nordic model of capitalism achieves virtually everything that contemporary democratic socialists say we should want. Socialism is back in the conversation, and recent polls suggest the share of young Americans who have a favorable impression of socialism is about the same as the share that have a favorable view of capitalism. The case for a modern democratic socialism is that capitalism is bad, or at least not very good, and that socialism would be an improvement. To fully and fairly assess democratic socialism's desirability, Lane Kenworthy argues in Would Democratic Socialism Be Better?, we need to compare it to the best version of capitalism that humans have devised: social democratic capitalism. Kenworthy offers a close look at the evidence about how capitalist economies have performed on an array of outcomes. He finds that social democratic capitalism achieves virtually everything that contemporary democratic socialists say we should want.


The 99 Percent Economy

The 99 Percent Economy

Author: Paul S. Adler

Publisher: Oxford University Press, USA

Published: 2019-10

Total Pages: 241

ISBN-13: 0190931884

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The social, economic, and political challenges we face have reached the point of crisis: economic irrationality contributes to workplace disempowerment, social disintegration, political alienation, and environmental degradation. Despair is not an option.The 99 Percent Economy provides a stirring alternative: Democratic Socialism. Paul S. Adler, a leading business and management expert, argues that to overcome these crises we need to assert control over economic affairs through social ownership and democratic management of companies as well as thenational economy. He draws on a surprising source of inspiration: the strategic management techniques of large corporations. He shows how leading companies have designed and implemented strategies that involve and empower workers, enhance engagement and motivation, increase innovation, and areenvironmentally and socially sustainable. The principles are scalable - because they work in large corporations with thousands of people, they can work at local, regional, and national scales.Standing in the way? Private ownership of society's productive resources, the foundation of capitalism's ruthless competition and focus on individual gain at the cost of society, the environment, and future generations. Adler shows how socialize public ownership will merge individual and socialgoals through the democratic involvement of all people in deciding what the future will be-both political and economic, both local and global. The needs of people and the planet will guide decisions about investment and production, rather than the pursuit of profit. Public planning forums at theenterprise, regional, and national levels will democratically decide goals, instead of being the prerogative of CEOs doing the bidding of investors.Democratic socialism is not a leap into the entirely unknown, Adler shows. Capitalist industry has built the foundations for democratic socialism.