In Would Democratic Socialism Be Better?, Lane Kenworthy examines how capitalist economies have performed on 15 outcomes that contemporary democratic socialists say we should care about: an end to poverty in rich countries, an end to poverty everywhere, more jobs, decent jobs, faster economic growth, inclusive growth, more public goods and services, affordable healthcare for all, helpful finance, truly democratic politics, economic democracy, less economic inequality, gender and racial equality, more community, and a livable planet. As he shows, the evidence suggests that capitalism, and particularly social democratic capitalism, or what is often called the Nordic model, is better than many democratic socialists seem to think.
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The case for a modern democratic humane socialism typically has two parts. The first is that capitalism is bad, at or least not very good. In reaching this conclusion, most have either analyzed a theoretical ideal-type of capitalism or used a single country, often the United States, as a stand-in for capitalism. To fully and fairly assess democratic socialism's desirability, we need to compare it to the best version of capitalism that humans have devised: social democratic capitalism, or what is often called the Nordic model. Each chapter in this book examines one of the things that we should want in a good society, that contemporary democratic socialists typically say they want, and that socialism might, conceivably, improve our ability to achieve: an end to poverty in rich countries, an end to poverty everywhere, more jobs, decent jobs, faster economic growth, inclusive growth, more public goods and services, affordable healthcare for all, helpful finance, truly democratic politics, economic democracy, less economic inequality, gender and racial equality, more community, and a livable planet. The book offers a close look at the evidence about how capitalist economies have performed on these outcomes, with particular attention to the performance of social democratic capitalism. The second part of the case for democratic socialism is the notion that it would be an improvement. For each of these outcomes, the book considers what, if anything, we can conclude about whether democratic socialism would do better than social democratic capitalism.
What configuration of institutions and policies is most conducive to human flourishing? The historical and comparative evidence suggests that the answer is social democratic capitalism - a democratic political system, a capitalist economy, good elementary and secondary schooling, a big welfare state, pro-employment public services, and moderate regulation of product and labour markets. Lane Kenworthy shows that this system improves living standards for the least well-off, enhances economic security, and boosts equality of opportunity.
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What configuration of institutions and policies is most conducive to human flourishing? The historical and comparative evidence suggests that the answer is social democratic capitalism — a democratic political system, a capitalist economy, good elementary and secondary schooling, a big welfare state, pro-employment public services, and moderate regulation of product and labor markets. Lane Kenworthy shows that this system improves living standards for the least well-off, enhances economic security, and boosts equality of opportunity. And it does so without sacrificing other things we want in a good society, from liberty to economic growth to health and happiness. Its chief practitioners have been the Nordic nations. The Nordics have gone farther than other rich democratic countries in coupling a big welfare state with public services that promote high employment and modest product- and labor-market regulations. Many believe this system isn't transferable beyond Scandinavia, but Kenworthy shows that social democratic capitalism and its successes can be replicated in other affluent nations, including the United States. Today, the U.S. lags behind other countries in economic security, opportunity, and shared prosperity. If the U.S. expanded existing social programs and added some additional ones, many Americans would have better lives. Kenworthy argues that, despite formidable political obstacles, the U.S. is likely to move toward social democratic capitalism in coming decades. As a country gets richer, he explains, it becomes more willing to spend more in order to safeguard against risk and enhance fairness. He lays out a detailed policy agenda that could alleviate many of America's problems.
"America is the one of the wealthiest nations on earth. So why do so many Americans struggle to make ends meet? Why is it so difficult for those who start at the bottom to reach the middle class? And why, if a rising economic tide lifts all boats, have middle-class incomes been growing so slowly? Social Democratic America explains how this has happened and how we can do better. Lane Kenworthy convincingly argues that we can improve economic security, expand opportunity, and ensure rising living standards for all by moving toward social democracy. Drawing on his extensive knowledge of social policy in America and other affluent countries, he proposes a set of public social programs, including universal early education, an expanded Earned Income Tax Credit, wage insurance, the government as employer of last resort, and many others. Kenworthy looks at common objections to social democracy, such as the oft-repeated claim that Americans don't want big government, which he readily debunks. Indeed, we already have in place a host of effective and popular social programs, from Social Security to Medicare to public schooling. Moreover, the available evidence suggests that rich nations can generate the tax revenues needed to pay for generous social programs while maintaining an innovative and growing economy, and without restricting liberty. Can it happen? Kenworthy describes how the US has been progressing slowly but steadily toward a genuine social democracy for nearly a century. Controversial and powerful, Social Democratic America shows that the good society doesn't require a radical break from our past; we just need to continue in the direction we are already heading."--Publisher's website
Despite our nation's great affluence, too many Americans can't make ends meet. Too many have no health insurance or inadequate insurance. Too few have seen their boat lifted when the economic tide rises. We all know that this is wrong. Social Democratic America explains how we can do better. Lane Kenworthy convincingly argues that we can improve economic security, expand opportunity, and ensure rising living standards for all by moving toward social democracy. In a good society, Kenworthy asserts, when the country prospers, everyone should prosper. But since the late 1970s, even as the economy
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Since March 2010, when U.S. President Barack Obama signed the Affordable Care Act into law, the ACA has been at the center of American politics. Tea Party activists and their allies in the Republican Party have tried to stymie the law at nearly every turn. The Republican-controlled House of Representatives has voted more than 40 times in favor of repealing or defunding it, and last October the House allowed a partial shutdown of the federal government in an attempt to block or delay the law. The controversy surrounding the ACA shows no sign of ending anytime soon. Adapted from the source document.
Lane Kenworthy questions whether predistribution is up to the task of ensuring a fair distribution of incomes and says that the best way to tackle the squeeze in wages is through good old‐fashioned public insurance.