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Greece’s (Un)competitive Capitalism and the Economic Crisis: Critical Thoughts Under the Lens of Social Policy

Greece’s (Un)competitive Capitalism and the Economic Crisis: Critical Thoughts Under the Lens of... JOURNAL OF BALKAN AND NEAR EASTERN STUDIES BOOK REVIEW Greece’s (Un)competitive Capitalism and the Economic Crisis: Critical Thoughts Under the Lens of Social Policy Greece’s (un) Competitive Capitalism and the Economic Crisis How the Memoranda Changed Society, Politics and the Economy, by Spyros Sakellaropoulos, Palgrave Macmillan, 2019 € 58.84, Switzerland, ISBN 978-3-030-14319-0. The Great Recession of 2008 had a negative impact on the world, significantly worsening national economies and reducing citizens’ quality of life. For many scholars (e.g., McBride et al., 2016) the 2008 financial crisis represents a second phase of major social change, following the crisis of the Keynesian model from the 1970s onwards, which further strength- ens the neoliberal welfare state. A large part of the literature argues that the Great Recession was used as an opportunity for significant social reorganization. At the heart of these changes was the residualization of social protection systems and the (re)commodification of social policy. Approaches such as neo-institutionalism, fiscal sociology and discourse studies have attempted to explain the effects of the crisis on the welfare state. Neo-institutional approaches argue that the established rules of the institutions did not provide procedures for balancing current budget deficits by national governments. In addi- tion, http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Balkan and Near Eastern Studies Taylor & Francis

Greece’s (Un)competitive Capitalism and the Economic Crisis: Critical Thoughts Under the Lens of Social Policy

Journal of Balkan and Near Eastern Studies , Volume OnlineFirst: 5 – Jan 23, 2023

Greece’s (Un)competitive Capitalism and the Economic Crisis: Critical Thoughts Under the Lens of Social Policy

Abstract

JOURNAL OF BALKAN AND NEAR EASTERN STUDIES BOOK REVIEW Greece’s (Un)competitive Capitalism and the Economic Crisis: Critical Thoughts Under the Lens of Social Policy Greece’s (un) Competitive Capitalism and the Economic Crisis How the Memoranda Changed Society, Politics and the Economy, by Spyros Sakellaropoulos, Palgrave Macmillan, 2019 € 58.84, Switzerland, ISBN 978-3-030-14319-0. The Great Recession of 2008 had a negative impact on the world, significantly worsening...
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Publisher
Taylor & Francis
Copyright
© 2023 Nikos Kourachanis
ISSN
1944-8961
eISSN
1944-8953
DOI
10.1080/19448953.2023.2167352
Publisher site
See Article on Publisher Site

Abstract

JOURNAL OF BALKAN AND NEAR EASTERN STUDIES BOOK REVIEW Greece’s (Un)competitive Capitalism and the Economic Crisis: Critical Thoughts Under the Lens of Social Policy Greece’s (un) Competitive Capitalism and the Economic Crisis How the Memoranda Changed Society, Politics and the Economy, by Spyros Sakellaropoulos, Palgrave Macmillan, 2019 € 58.84, Switzerland, ISBN 978-3-030-14319-0. The Great Recession of 2008 had a negative impact on the world, significantly worsening national economies and reducing citizens’ quality of life. For many scholars (e.g., McBride et al., 2016) the 2008 financial crisis represents a second phase of major social change, following the crisis of the Keynesian model from the 1970s onwards, which further strength- ens the neoliberal welfare state. A large part of the literature argues that the Great Recession was used as an opportunity for significant social reorganization. At the heart of these changes was the residualization of social protection systems and the (re)commodification of social policy. Approaches such as neo-institutionalism, fiscal sociology and discourse studies have attempted to explain the effects of the crisis on the welfare state. Neo-institutional approaches argue that the established rules of the institutions did not provide procedures for balancing current budget deficits by national governments. In addi- tion,

Journal

Journal of Balkan and Near Eastern StudiesTaylor & Francis

Published: Jan 23, 2023

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