Social Capitalism: An Alternative to Neoliberalism
On the economic consequences of the US neoliberal period
As defined by Hagen Krämer and coauthors (2023), social capitalism constitutes a "renewed social democracy" designed to achieve growth that is both inclusive (in the sense of being consistent with an equitable wage share of income) and sustainable (in the sense that it does not foster financial imbalances). These constitute narrow definitions of inclusivity and ...
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