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Social Investment Risks? An explorative analysis of new social risks in the social investment state

Corvinus Journal of Sociology and Social Policy

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Title Social Investment Risks? An explorative analysis of new social risks in the social investment state
 
Creator Benda, Luc
Fenger, Menno
Koster, Ferry
Van der Veen, Romke
 
Subject Social policy
New social risks; Welfare State Regimes; Capabilities; Social Capital; Social Investment;
 
Description Individual responsibilities and individual capabilities are becoming increasingly important in public policies of European welfare states. Therefore, it is said that European welfare states develop in the direction of social investment states. In this article we argue that the shift towards the social investment state may lead to new social risks and new inequalities. Building upon Bonoli’s (2005) seminal article, we introduce the concept of ‘social investment risks’ to refer to these risks. In this article we explore and identify the development towards a social investment state in detail by focusing on different social policy trends in different welfare areas and by analysing their impact on the individual level. We deconstruct the underlying assumptions of the social investment paradigm and reflect on the role of individual capabilities and social capital in the social investment state. We assess to what extent the distribution of these capabilities creates new social risks and new inequalities. Dealing with these new inequalities and new social risks may be considered as new challenges for welfare states. Therefore, this article innovatively expands the borders of current-day welfare state research and explores the consequences of the social investment paradigm.
 
Publisher Doctoral School of Sociology, Corvinus University Budapest
 
Contributor
 
Date 2017-12-18
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://cjssp.uni-corvinus.hu/index.php/cjssp/article/view/235
10.14267/cjssp.2017.02.02
 
Source Corvinus Journal of Sociology and Social Policy; Vol 8, No 2 (2017)
2062-087X
2061-5558
 
Language eng
 
Relation http://cjssp.uni-corvinus.hu/index.php/cjssp/article/view/235/pdf
 
Rights Copyright (c) 2017 Corvinus Journal of Sociology and Social Policy