Creating a Capital Investment Welfare State
The New American Exceptionalism
Bibliographic Data
| ID | 4522463 |
|---|---|
| Authors | Jill Quadagno (Florida State University, corresponding author) |
| Year | 1999 |
| Volume | 64 |
| Issue | 1 |
| Pages | 1-11 |
| Publication date | 1999-02-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Sociological Review (JOURNAL) |
| Journal identifiers | ISSN: 0003-1224 • E-ISSN: 1939-8271 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/000312249906400102 |
| OpenAlex | W4385886497 |
| Language | EN |
| Citations received | 9 |
| References cited | 12 |
In the past few decades forces such as globalization and international competition, rising public budgets, and aging populations have caused many nations to reexamine the social programs they established at least a half century ago. Some nations have cut spending; others have reorganized priorities to provide support for dual-earner families, single mothers, or elderly people who need long-term care. The United States appears instead to be in transition from a social insurance welfare state to a "capital investment welfare state" in which the objective is to increase savings and investment. This shift in U.S. public policy is most explicit in the ascendance of a neoconservative ideology, which depicts the welfare state as an impediment to a free market. This ideology has lent credence to proposals for privatizing Social Security and is implicit in seemingly minor technocratic changes in Medicare, which nonetheless have inserted market principles into a social insurance program. Whether current trends represent the most recent manifestation of American exceptionalism or a concurrent restructuring across nations can be determined only by comparative research examining (]) how different nations are responding to contemporary fiscal pressures, and (2) if nations are redistributing the social welfare burden from the public to the private sector
American exceptionalism · Development economics · Economics · Exceptionalism · Globalization · Ideology · Market economy · Political economy · Political science · Politics · Restructuring · Social insurance · Welfare state · Employment and Welfare Studies · Finance · Housing, Finance, and Neoliberalism · Law · Social Policy and Reform Studies
Recent Trends in U.S. Social Welfare Policy
The Missing Safety Net and Families
The American Welfare State Decoded
Ideology and Public Policy
Highly Skilled Workers and Employment Risks
Social Enterprises as an Embodiment of a Neoliberal Welfare Logic
Contemporary conservatism and medievalism
Does Caregiving Increase Poverty among Women in Later Life? Evidence from the Health and Retirement Survey
Insecurity, Citizenship, and Globalization
Postwar Capitalism and the Extension of Social Security into a Retirement Wage
Dismantling the Welfare State?
The Hidden Welfare State
The Politics of Social Policy in the United States
Social Foundations of Postindustrial Economies
Power Resource Theory and the Welfare State
The Color of Welfare
Pensions in a Changing Economy
| Citations per year | 0.35 |
|---|---|
| Citation span | 2000 - 2014 (15) |
| Highly cited | No |