“Capitalism Reorganised: Social Justice after Neo-liberalism”

The article traces the emergence of “reorganized” capitalism as consecutively the fourth modality of capitalism – after the 19th century entrepreneurial form, the post-liberal “organized” capitalism of the welfare state, and the “disorganized” neo-liberal model of the late 20th century. The features of the fourth modality emerge from an analysis of (1) the key dynamics of social stratification, (2) the matrix of state-society relations, and (3) the structure of electoral mobilization in advanced industrial democracies.