Varieties of Liberalization and the New Politics of Social So... - 9781107053168

Varieties of Liberalization and the New Politics of Social SolidarityAuthor(s): Kathleen Thelen\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9781107053168, 978-1107053168\nSynopsis\nThis book examines contemporary changes in labor market institutions in the United States, Germany, Denmark, Sweden, and the Netherlands, focusing on developments in industrial relations, vocational education and training, and labor market policy. It finds that there are in fact distinct varieties of liberalization associated with very different distributive outcomes. Most scholarship equates liberal capitalism with inequality and coordinated capitalism with higher levels of social solidarity. However, this study explains why the institutions of coordinated capitalism and egalitarian capitalism coincided and complemented one another in the 'Golden Era' of postwar development in the 1950s and 1960s, and why they no longer do so. Con.