Figure 1
A flowchart shows the hierarchical relationship between institutions, instruments, and social risk.The flowchart consists of four rectangular boxes vertically stacked and connected by downward-pointing thick arrows. The first box at the top is labeled “Political-Economic Institutions” and contains the subtext “(welfare regimes, labour systems, state-market relations, institutional power)”. A vertical arrow points downward to the second rectangular box labeled “Regulatory Instruments” with the subtext “(binding law, procedural regulation, standards, audits, delegated governance)”. A vertical arrow points downward to the third rectangular box labeled “A I Social Policy Configuration” with the subtext “(rights-based, market-driven, state-centric, hybrid governance models)”. A vertical arrow points downward to the fourth rectangular box at the bottom labeled “Social Risk Distribution” with the subtext “(allocation of A I-related risks across individuals, markets, and the state)”.

Political economy, regulatory capitalism, and ai social policy outcomes. Source: Authors’ own work

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