"In this revealing and eminently readable book, Geoffrey M. Hodgson takes readers on an intellectual odyssey through his distinguished career and his work as one of the leading institutional and evolutionary economists. Depicting his life throughout the Cold War, grappling with the military and...

Can autocratic governments gain support by implementing a welfare reform and a repressive law? This paper studies a famous case - Bismarck's policies of social insurance and the antisocialist law in late 19th century Germany. The socialist party, I find, increases its vote share in...

This paper explains how growing inequality of wealth and asset inflation inhibits social mobility and the functioning of the labour market, whose efficiency is a key feature of macroeconomic theory and labour economics. However, because the composition of wealth differs between social classes,...

Upon assuming power for the first time in 1935, the Norwegian Labour Party delivered on its promise for a major schooling reform. The reform raised minimum instruction time in less developed rural areas and boosted the resources available to rural schools, reducing class size and increasing...

This short note introduces the debate on the future of economic policy and reform of capitalism, to be hosted in a new temporary section of the journal. It is essential to debate how to achieve a balance between 'bread' (economic security) and 'liberty' (political freedom), in a dynamic sense,...

Can autocratic governments gain support by implementing a welfare reform and a repressive law? This paper studies a famous case - Bismarck's policies of social insurance and the antisocialist law in late 19th century Germany. The socialist party, I find, increases its vote share in...

This paper explains how growing inequality of wealth and asset inflation inhibits social mobility and the functioning of the labour market, whose efficiency is a key feature of macroeconomic theory and labour economics. However, because the composition of wealth differs between social classes,...

The political, organizational, and ideological deadlock that European social democracy has gone through in recent decades is obvious and much discussed. This impasse is indirectly expressed by the weakness of social democratic parties in maintaining their electoral clientele and social base of...

"This ambitious book offers a global perspective on the nature of capitalism; its past and future possibilities of survival; the differentiation between neoliberal, authoritarian and social democratic systems, exemplified by the United States, EU and China; and the conflict relationships between...

"This book considers a central issue of our time: the relationship between the macroeconomic objectives of political parties in democratic countries and the legal framework of market economies. The impressive panel of contributors examine social democratic policies on cartels, market...

Electoral support for social democracy in Western Europe is in free fall. The implosion of social democracy is largely self- inflicted, because 'Third Way' social democracy alienated its traditional supporters by (a) a deliberate move to the non- reformist, status-quo oriented macroeconomics of...

This short note introduces the debate on the future of economic policy and reform of capitalism, to be hosted in a new temporary section of the journal. It is essential to debate how to achieve a balance between 'bread' (economic security) and 'liberty' (political freedom), in a dynamic sense,...

Upon assuming power for the first time in 1935, the Norwegian Labour Party delivered on its promise for a major schooling reform. The reform raised minimum instruction time in less developed rural areas and boosted the resources available to rural schools, reducing class size and increasing...

The Abrahamic doctrine of liberty of the will can allow liberalism in the economy. For a century or so in academic theology, and stretching back to the early church and such revivals as the Radical Reformation, numerous Christian writers have denied such a liberalism. In the past century, for...

Electoral support for social democracy in Western Europe is in free fall. The implosion of social democracy is largely self- inflicted, because 'Third Way' social democracy alienated its traditional supporters by (a) a deliberate move to the non- reformist, status-quo oriented macroeconomics of...

The paper brings together a range of ideas on the construction and nature of what may be termed a post neo-liberal social economy. The social democratic era of the early post-war decades and the neo-liberal era of the past four decades are briefly considered. Some general thoughts on the...

Our social democracies and welfare states are facing challenges that threaten their very survival. Boyer argues that a true social democracy requires a clear definition and a refocusing of the roles of the public and private sectors in the provision of public and social goods and services - a...

This bold new book offers an exhaustive diagnosis of global capitalism. Proposing a novel system of economic and political coordination based on a combination of market socialism and state planning, it offers crucial insights for thinking about alternatives to capitalism.

Questions about the decline of Social democracy continue to excite wide interest, even in the era of Covid-19. This paper takes a fresh look at topic. It argues that social democratic politics faces a fundamental dilemma: short-term practical relevance requires it to accept, at least partly, the...

This paper seeks to critique the majority opinion among Indian and Indian origin intellectuals who largely criticized the film 'Slumdog Millionaire' for what was seen as a stereotypical portrayal of poverty and slums. Instead I seek to read the film in a different way based on research on urban...

This essay, for a symposium on basic income and the future of paid work, argues that an unconditional basic income (UBI) cannot and should not be the foundation of a new social contract. Part I asks whether a UBI is a moral necessity today. It answers in the negative, because the classic...

"The Young Max Weber and German Social Democracy examines the formative years of a classic social thinker once called the 'bourgeois Marx' from the standpoint of his relationship to the foremost working-class organization of his time. It argues that Weber's early engagement with the standpoint...

"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 this book, we need to compare it to the best version of...

In the last three decades, two questions have been central for the Left. Is there a future for electoral socialism and social democracy? And, is it any longer possible to promote a significant redistribution of income in favour of labour? Political and economic events seem to suggest negative...

Contents: Preface -- 1. Introduction to liberal solidarity: The political economy of social democratic liberalism -- 2. On the evolution and diversity of liberalisms -- 3. On the rights and wrongs of individualism -- 4. Liberty, autonomy and needs -- 5. The worm that is gnawing at the insides of...

State Power and the Development of Capitalism -- The Working Class -- Social Democracy and the National Question -- February to October 1917 -- November 1917: Attempts at Reconciliation -- December: The Failure of Reconciliation -- The First Treaty of Brest Litovsk -- Battles for Kyiv -- Kyiv...