LABR 3Q92 Lecture Notes - Lecture 2: Common Sense Revolution, Commodification, New Public Management
25 Sep 2016
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Document Summary
Shift from keynesian welfare-state/fordism regime to neoliberal/post-fordist regime. After crises of 1930s (great depression) fordist-keynesian compromise. Critique of unregulated markets; state should intervene to ensure stability. After a recession or a depression there"s often a change in the way people think. Post wwii state played active role in market regulation (keynesian economics) and social provisioning (to balance security and productivity) Want workers to be productive but also want to ensure the economy is in a good place. Keynesian economic management and the provision of welfare corresponded with fordism. Pay workers enough so they could consume what they were making. Granted social wage and benefits as a social right of citizenship. Socialized" security and risk through redistributive programs (e. g. unemployment insurance) to remedy inequalities. There was inherent risk in the market so state needs to offer stability. State provided for (some) costs of social reproduction. Unemployment insurance and family allowances (introduced during wwii)
