Modernity as a functionally differentiated capitalist society: A general theoretical model

European Journal of Social Theory 18 (4):413-430 (2015)
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Abstract

A conceptualization of capitalism as a consequence of functional differentiation is proposed. The general theoretical model of a functionally differentiated capitalist society is outlined in four steps based on these keywords: functional differentiation; capitalist economy; capitalist society; welfare state. This model grasps the essential characteristics of the analytical prototype of a capitalist society. What are its basic components that, working together, generate this kind of society’s structural dynamics?

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