Chapter

Developing Comprehensive, Enabling Welfare States for Offensive Experimentalist Business Practices

Peer Hull Kristensen

in Nordic Capitalisms and Globalization

Published in print January 2011 | ISBN: 9780199594535
Published online May 2011 | e-ISBN: 9780191724909 | DOI: http://dx.doi.org/10.1093/acprof:oso/9780199594535.003.0006
Developing Comprehensive, Enabling Welfare States for Offensive Experimentalist Business Practices

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This chapter summarizes what characterizes an enabling welfare state, identifies its core institutions and how it makes possible distinctive business strategies based on highly autonomous forms of work organization. Then it interprets this institutional formation as an alternative risk-sharing system to that of the Anglo-Saxon model. While the latter is based on markets and financialization/securitization the Nordic one allows for different actors and modes of search for future comparative advantages and positions in the international innovation system. The comparative differences, advantages, and weaknesses of the Nordic countries are highlighted, and what they can learn from each other to gain more comprehensiveness. Finally the chapter indicates what will be important issues if the enabling welfare state and its experimentalist economy are to be cultivated in a much more deliberative way in the future.

Keywords: enabling welfare states; business strategies; work organization; industrial relations; innovation; risk-sharing systems; flexicurity; benchmarking

Chapter.  17246 words. 

Subjects: Political Economy

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