American Political Economy in Global Perspective
This book is a guide to claims about the proper role of government and markets in a global economy. Moving between systematic comparison of 19 rich democracies and debate about what the United States can do to restore a more civilized, egalitarian, and fair society, Harold L. Wilensky tells us how six of these countries got on a low road to economic progress and which components of their labor-crunch strategy are uniquely American. He provides an overview of the impact of major dimensions of globalization, only one of which - the interaction of the internationalization of finance and the rapid increase in the autonomy of central banks - undermines either national sovereignty or job security, labor standards, and the welfare state. Although Wilensky views American policy and politics through the lens of globalization, he concludes that the nation-state remains the center of personal identity, social solidarity, and political action. He concentrates on what national differences mean for the well-being of nations and their people. Drawing on lessons from abroad and from America's own past successes, Wilensky shows how we can reverse our three-decade decline. He argues that, in order to get off the low road, we must overcome the myths of "moderation," the rise of the "independent voter," and a rightward shift of the electorate. He specifies a feasible domestic agenda that matches majority sentiments in all rich democracies.
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The Welfare State as the Center of Public Finance and Political Conflict
Energy Policy and Performance The United States and the World
What Trade Offs Are Good and Bad for the Economy? Domestic Structures and Policies That Permit Adaptation to Globalization
Retrenchment of the Welfare State? The Fate of Cutback Budgeting in Italy France Germany the United States the United Kingdom and New Zealand
Pensions Converge U S Health Care Remains Unique
The Impact of Globalization An Overview
Moving the United States Off the Low Road
Low Road vs High Road American Exceptionalism?
Policy Implications for the United States How to Get Off the Low Road
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19 rich democracies active labor-market policy ALMP American analysis average bargaining benefits biofuels budget California capital carbon tax center-left central banks Chapter coalition consensual consensual democracies corporatism corporatist corporatist democracies costs countries decline Democratic Denmark deregulation economic performance effect election emissions employers energy ethanol family policy federal funding Germany global greenhouse gas growth health performance health-care immigrants income increase industry inequality inflation investment Japan job creation labor low road major Medicare ment million MNCs national health insurance Netherlands nuclear Obama OECD outsourcing parties pensions percent political economy poor poverty President production programs recession reduce reform Republican rich democracies schools sector Senate Social Security social spending spenders Sweden Table taxes teachers trend U.S. Census Bureau unemployment union United Kingdom universities vote voters wage Wall Street Wall Street Journal welfare Wilensky workers