IDEAS home Printed from https://ideas.repec.org/a/elg/ejeepi/v22y2025i2p239-251.html
   My bibliography  Save this article

The path toward the abyss: the dissolution of the old social pact, the emergence of new technologies, and the challenges for progressive policies

Author

Listed:
  • Giovanni Dosi

    (N/A)

Abstract

There are at least three existential challenges to contemporary societies, as we know them, namely, first, the complete rupture of the social pact, which characterized Glorious Decades after WWII in most of Western societies; and second, the deepening of the patterns of informatization and ‘intelligent’ automation with the associated modifications in labor relations and mechanisms of social control. All that, third, is coupled with a climate crisis that might have well reached a tipping point toward a global ecological disaster. The end of the social pact went together with the ubiquitous diffusion of a neoliberal ideology, which poisoned all the domains of social and political life. This paper discusses such existential challenges, together with some urgent policy way outs.

Suggested Citation

  • Giovanni Dosi, 2025. "The path toward the abyss: the dissolution of the old social pact, the emergence of new technologies, and the challenges for progressive policies," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 22(2), pages 239-251, September.
  • Handle: RePEc:elg:ejeepi:v:22:y:2025:i:2:p239-251
    as

    Download full text from publisher

    File URL: https://www.elgaronline.com/view/journals/ejeep/22/2/article-p239.xml
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Language; Social and Economic Stratification
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:elg:ejeepi:v:22:y:2025:i:2:p239-251. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Phillip Thompson (email available below). General contact details of provider: http://www.elgaronline.com/ejeep .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.