Left Partisanship, Corporatism, and the Reorientation of the Knowledge Economy in Advanced Capitalist Societies.

While the progress of the knowledge economy is inexorable, this paper argues that partisan politics and labor market institutions can affect the direction in which the knowledge economy progresses. In particular, a combination of corporatist industrial relations systems and left partisanship tends t...

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Publicado en:Social Forces Vol. 103; no. 1; pp. 1 - 22
Autor principal: Huo, Jingjing
Formato: Artículo
Publicado: Oxford University Press / USA Sep2024
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      pub: Oxford University Press / USA
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        atl: Left Partisanship, Corporatism, and the Reorientation of the Knowledge Economy in Advanced Capitalist Societies.
      aug:
        au: Huo, Jingjing
        affil: Department of Political Science, University of Waterloo , Hagey Hall, 200 University Avenue West, Waterloo, ON N2L 3G1 , Canada
      su:
        Partisanship
        Corporate state
        Labor market
        Economics
        Corporate capitalism
      sug:
        subj:
          Partisanship
          Corporate state
          Labor market
          Economics
          Labor Unions and Similar Labor Organizations
          Corporate capitalism
      ab: While the progress of the knowledge economy is inexorable, this paper argues that partisan politics and labor market institutions can affect the direction in which the knowledge economy progresses. In particular, a combination of corporatist industrial relations systems and left partisanship tends to foster greater wage restraint, and such a wage outcome tends to encourage the greater adoption of communications technology than information-processing technology in the economy. This reorientation of the knowledge economy toward communications technology, in turn, has egalitarian distributive implications. In particular, the greater adoption of communications technology reduces wage inequality across the board in lower 90–10, 50–10, as well as 90–50 wage ratios. These arguments are tested using data across 15–21 OECD countries (1970–2015).
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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