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New Capitalism Paperback – March 2, 2009

ISBN-13: 978-0745633251 ISBN-10: 0745633250 Edition: 1st

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Editorial Reviews


"Highly recommended - particularly significant with regard to the current crisis of the financial markets."
Journal of Contemporary European Studies

"A really valuable book which will remind everyone that our side still has power - if we use it."
International Socialism

"A well structured and attractively written text that represents a fine contribution to the analysis of contemporary development in the world of work."
Work, Employment and Society

"Doogan's New Capitalism? presents a challenging new vision of current and future connections between employees and employers. New Capitalism? provides a theoretically insightful and empirically informed critique of visions focused on the increasing precariousness of employment. A must read for scholars and students of work, economy and polity."
Randy Hodson, Ohio State University

"Reality is more intelligent than the prophets of “New capitalism”, who ask for radically deregulated financial, product and labour markets. With the present collapse, public bailout and re-regulation of the financial system, Doogan’s findings, that long term jobs have continued to grow as a productive asset for the economy, are particular welcome."
Peter Auer, Chief of the Employment Analysis and Research Unit, ILO, Geneva

"Kevin Doogan annihilates conventional wisdom on labour markets. The extraordinary wealth and depth of data which he has amassed will make readers wonder why so many were misled for so long. But Doogan has an answer for this too. The arrival of this book is a seismic event which will send shockwaves in every political direction."
Ralph Fevre, Cardiff University School of Social Sciences

"An excellent book."
Socialist Review

From the Back Cover

In this stimulating and highly original work, Kevin Doogan looks at contemporary social transformation through the lens of the labour market. Major themes of the day — globalization, technological change and the new economy, the pension and demographic timebombs, flexibility and traditional employment — are all subject to critical scrutiny.

We are often told that a new global economy has emerged which has transformed our lives. It is argued that the pace of technological change, the mobility of multinational capital and the privatization of the welfare state have combined to create a more precarious world. Companies are outsourcing, jobs are migrating to China and India, and a job for life is said to be a thing of the past. The so-called ‘new capitalism’ is said to be the result of these profound changes.

Kevin Doogan takes issue with these widely-accepted ideas and subjects the transformation of work to detailed examination through a comprehensive analysis of developments in Europe and North America. He argues that precariousness is not a natural consequence of this fast-changing world; rather, current insecurities are manufactured, emanating from neoliberal policy and the greater exposure of the economy to market forces.

New Capitalism? The Transformation of Work is sure to stimulate academic debate. Kevin Doogan's account will appeal not just to scholars, but also to upper-level students across the social sciences, including the sociology of work, industrial relations, globalization, economics, social policy and business studies.


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New Capitalism
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