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The Predistribution Agenda
Tackling Inequality and Supporting Sustainable Growth
Synopsis
The concept of predistribution is increasingly setting the agenda in progressive politics. But what does it mean? The predistributive agenda is concerned with how states can alter the underlying distribution of market outcomes so they no longer rely solely on post hoc redistribution to achieve economic efficiency and social justice. It therefore offers an effective means of tackling economic and social inequality alongside traditional welfare policies, emphasising employability, human capital, and skills, as well as structuring markets to promote greater equity. This book examines the key debates surrounding the emergence and development of predistributive thought with contributions from leading international scholars and policy-makers.
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What Reviewers Are Saying
'The market economy as it is organised today is leading to ever-greater polarisation of people's economic fortunes, and straining the post-war welfare state to breaking point. This important and wide-ranging collection of essays addresses how to change the framework within which markets operate in order to bring about a less unequal and therefore more sustainable economy.' - Diane Coyle, Professor of Economics, University of Manchester and Founder, Enlightenment Economics; 'A comprehensive rebuttal of the argument that European social democracy lacks the ingenuity to challenge post-crash inequality, this book contains numerous ideas which could underpin the political project we need to revive our electoral fortunes.' - Tristram Hunt