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Sociologists refer to the new economy to describe the post-manufacturing service economy, wherein privatization, austerity, and free market ideologies rose to prominence. In the new economy, technological advancements and knowledge-based work take primacy, but declining public sector investment and the rise of precarious work mean that economic inequality has also become more pronounced. This dynamic is in flux, however, as surveys show rising support for unionization and growing attention to the consequences of a widening economic chasm. In this plenary, panelists discuss what will follow the new economy. Focusing on the interplay between sociology and public policy, panelists will consider how the new economy has laid the foundation for what will succeed it, and how sociological research has implications for what comes next.
This session will be livestreamed at: https://asa2025.conventus.live/.
Darrick Hamilton, The New School
Jessica Calarco, University of Wisconsin-Madison
Elizabeth Pearson, U.S. Senate