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- W4290805320 abstract "Abstract Welfare provision is often conceived through the lens of decommodification and analysed in (re)distributive terms. This article argues that a distributive approach does not sufficiently capture the complexity of 21st century welfare state dynamics. It proposes re-conceptualizing provision as a mix of three policy functions: raising and maintaining human capital stock; easing the flow of gendered life-course and labour-market transitions; guaranteeing social safety-net buffers. This analytical perspective allows theorizing life-course multiplier effects and policy (non-)complementarities, both at the level of individual objective and subjective well-being and in terms of aggregate employment, poverty and fiscal sustainability. This perspective also enables us to extend the temporal horizon of welfare politics beyond short-term electoral logics for explaining welfare reform. The article underscores how methodological pluralism remains key for understanding contemporary welfare states, and for grasping welfare outcomes and institutional change in a research endeavour that involves both generalization and contextualization." @default.
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- W4290805320 date "2022-08-11" @default.
- W4290805320 modified "2023-10-12" @default.
- W4290805320 title "Social investment as a conceptual framework for analysing well-being returns and reforms in 21st century welfare states" @default.
- W4290805320 cites W2142628376 @default.
- W4290805320 doi "https://doi.org/10.1093/ser/mwac035" @default.
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