New Capitalism?

"Highly recommended - particularly significant with regard to the current crisis of the financial markets." Journal of Contemporary European Studies "A really valuable book which will remind everyone that our side still has power - if we use it." International Socialism "A well structured and attractively written text that represents a fine contribution to the analysis of contemporary development in the world of work." Work, Employment and Society "Doogan's New Capitalism? presents a challenging new vision of current and future connections between employees and employers. New Capitalism? provides a theoretically insightful and empirically informed critique of visions focused on the increasing precariousness of employment. A must read for scholars and students of work, economy and polity." Randy Hodson, Ohio State University "Reality is more intelligent than the prophets of New capitalism, who ask for radically deregulated financial, product and labour markets. With the present collapse, public bailout and re-regulation of the financial system, Doogans findings, that long term jobs have continued to grow as a productive asset for the economy, are particular welcome." Peter Auer, Chief of the Employment Analysis and Research Unit, ILO, Geneva "Kevin Doogan annihilates conventional wisdom on labour markets. The extraordinary wealth and depth of data which he has amassed will make readers wonder why so many were misled for so long. But Doogan has an answer for this too. The arrival of this book is a seismic event which will send shockwaves in every political direction." Ralph Fevre, Cardiff University School of Social Sciences "An excellent book." Socialist Review

Kevin Doogan is Jean Monnet Professor of European Policy Studies at the University of Bristol.

List of figures and tables viii Preface ix Acknowledgements xii Introduction 1 1 From Post-Industrial Society to New Capitalism: The Evolution of a Narrative of Social Change 16 2 Technological Change: Autonomization and Dematerialization 43 3 Globalization: Mobility, Transnationality and Employment 63 4 Theorizing the Labour Market 88 5 Globalization, Demographic Change and Social Welfare 114 6 The Flexible Labour Market and the Contingent Economy 143 7 Long-term Employment and the New Economy 169 8 Job Insecurity, Precarious Employment and Manufactured Uncertainty 194 9 Conclusion 207 References 215 Index 231