This book considers the role of social value in the making and implementation of public policy, taking into account how concepts such as subjective well-being (SWB) can be used to measure the expected impact of enacted policies. It argues that there is no evidence that markets have contributed to greater well-being, and that moments of crisis, such as the COVID-19 pandemic, represent an opportunity to re-orientate policymaking and policy implementation away from those which favour markets, and towards those which place subjective well-being at their core. Following this premise, the author explores the elements that should be considered in a future society that prioritises social value.
Bill Jordan is Honorary Professor of Social Policy at the University of Plymouth, UK. He has held visiting chairs in Germany, the Netherlands, Denmark, Slovakia and Hungary. He worked for 20 years in the UK social services, and is the author of 27 books on social policy, social theory, politics and social work.
This book considers the role of social value in the making and implementation of public policy, taking into account how concepts such as subjective well-being (SWB) can be used to measure the expected impact of enacted policies. It argues that there is no evidence that markets have contributed to greater well-being, and that moments of crisis, such as the COVID-19 pandemic, represent an opportunity to re-orientate policymaking and policy implementation away from those which favour markets, and towards those which place subjective well-being at their core. Following this premise, the author explores the elements that should be considered in a future society that prioritises social value.
Outlines how the prioritisation of market growth has led to increased income inequality, without the markets contributing towards greater well-being Argues for the prioritisation of policies which increase social value Suggests policy options which could be implemented in the post-Covid 19 society to increase subjective well-being of citizens
Bill Jordan
social value social contract covid-19 coronavirus welfare policy income distribution universal credit universal basic income economic policy