Flexible markets require flexible societies; humans, however, need a stable social order. According to received wisdom, when capitalist development razes traditional social structures, society fights back, and welfare state policies organize new stability to replace the old. More market produces...

In most rich democracies one finds a tendency for the share in public finance that is available for discretionary spending to shrink. This is because tax revenues do not keep pace with simultaneous increases in fixed expenditures and growing pressures for fiscal consolidation. The present paper...

The 'financial crisis' and its sequel, the current sovereign debt crisis, appear to be the latest permutations of an old conflict between capitalism and democracy that forcefully reasserted itself after the end of the postwar growth period. Today's calamities were preceded by high inflation in...

Die Arbeitsgruppe Beschäftigung der von NRW-Ministerpräsident Jürgen Rüttgers eingesetzten Zukunftskommission hat umfassende Empfehlungen für die künftige Wirtschafts- und Arbeitsmarktpolitik in Nordrhein-Westfalen vorgelegt. Das Papier der von IZA-Direktor Klaus F. Zimmermann geleiteten...

Der Beitrag thematisiert zunächst die Rahmenbedingungen auf dem Arbeitsmarkt und die spezifische Krise des deutschen Beschäftigungssystems (stabile Koinzidenz hoher Arbeitslosigkeit mit einer niedrigen Erwerbsquote). Ziel der Arbeitsmarkt- und Beschäftigungspolitik müsste es sein, eine auch...

Karl Marx observed long ago that all economic struggles invite moral struggles, or masquerade as such. The reverse may be true as well: deep moral-political conflicts may be waged through the manipulation of economic resources. Using the recent financial and Eurozone crises as empirical...

Regional disparities within the European Union have always been perceived as an impediment to monetary integration. This is why discussions on a joint currency, from their very beginning, were linked to compensatory payments in the form of regional policy payments. Structural assistance to poor...

The rise of the consolidation state follows the displacement of the classical tax state, or Steuerstaat, by what I have called the debt state, a process that began in the 1980s in all rich capitalist democracies. Consolidation is the contemporary response to the "fiscal crisis of the state"...

European social policy changed with the evolution of European and global capitalism, the scope and shape of European-level international institutions, the size and heterogeneity of "Europe" as a polity, and the politics of the European national welfare state. The paper outlines the long-term...

Der Aufsatz betrachtet das Lebenswerk von Walther Müller-Jentsch als wichtigsten deutschen Forscher der letzten Jahrzehnte über kollektive Arbeitsbeziehungen und das „deutsche Modell“ der Sozialpartnerschaft. Im Mittelpunkt steht das von Müller-Jentsch entwickelte Konzept der...