Relaunching Western Economies

the West, people feel a growing sense of being at risk. The shape of this risk shock varies, obviously, given the wide variety of welfare and employment struc tures among these countries, but the phenomenon emerges everywhere in one form or another. There is a process of marginalization and social exclusion in train that is reproducing some of the worst features of the nineteenth century in terms of both inequality and poverty The United States has had rising income inequality since the early 1970s, and in Western Europe structural unemploy ment has forced a reconsideration of

Business · Economics · Economy · Financial market · Financial system · International economics · Market economy · Finance · Housing, Finance, and Neoliberalism

• Estado y mercado en la globalización

  Open Access•Carlos M Vilas•Revista de Sociologia e Política•2000

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