The limitations of the structural dependence thesis: class, power, and distributive conflict in the UK since 1892

Fiorio, Carlo V., Mohun, Simon and Veneziani, Roberto (2020) The limitations of the structural dependence thesis: class, power, and distributive conflict in the UK since 1892. British Politics and Policy at LSE (06 Oct 2020). Blog Entry.

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Abstract

Can political parties, social movements, and governments shape the functioning of a capitalist economy? Is it possible for social democratic parties to promote a significant redistribution of income in favour of labour? According to proponents of the structural dependence thesis, the answer is negative, because the structural dependence of labour upon capital severely constrains feasible income distributions. Carlo V. Fiorio, Simon Mohun, and Roberto Veneziani cast doubts on this thesis. Their historical analysis of the UK finds some evidence of a short-run profit-squeeze mechanism, but also that income shares are much more variable than the structural dependence argument suggests, and the power resources available to social classes are among the key determinants of distributive outcomes.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/politicsandpolicy/
Additional Information:	© 2020 The Author(s)
Divisions:	LSE
Subjects:	J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Date Deposited:	20 Nov 2020 00:10
Last Modified:	14 Sep 2024 02:35
URI:	http://eprints.lse.ac.uk/id/eprint/107354

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