Schelkle, Waltraud (2012) Collapsing worlds and varieties of welfare capitalism: in search of a new political economy of welfare. LSE 'Europe in Question' discussion paper series, 54/2012. The London School of Economics and Political Science, London.
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The study of welfare capitalism is concerned with a founding question of political economy, namely how capitalism and democracy can be combined. Ever since the publication of Esping-Andersen’s Three Worlds of Welfare Capitalism in 1990, the answer was sought in identifying ideal types of welfare states that support a class compromise. The Varieties of (Welfare) Capitalism literature is increasingly used as a complementary theory of production systems although its rationale for social policies is largely incompatible with the Worlds typology. This article argues, first, that popular regime typologies have degenerated as a research programme, notwithstanding their many achievements. The main reason for this lies in a simplistic notion of the relationship between politics and economics in modern society. Secondly, the article outlines an alternative for analysing welfare provisions and their evolution, drawing on insights of the new politics and the new economics of welfare. This framework can give a systematic account of welfare program restructuring that undermines regime typologies. It suggests a different question for the political economy of welfare, namely how capitalism and democracy can be kept distinct.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 2012 The Author|
|Library of Congress subject classification:||H Social Sciences > HV Social pathology. Social and public welfare. Criminology
J Political Science > JN Political institutions (Europe)
|Journal of Economic Literature Classification System:||A - General Economics and Teaching > A1 - General Economics > A12 - Relation of Economics to Other Disciplines
H - Public Economics > H5 - National Government Expenditures and Related Policies > H53 - Government Expenditures and Welfare Programs
P - Economic Systems > P1 - Capitalist Systems > P16 - Political Economy
|Sets:||Departments > European Institute
Collections > Economists Online
Collections > LSE ‘Europe in Question’ Discussion Paper Series
|Date Deposited:||27 Sep 2013 11:58|
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