Too many of the world's citizens face impoverished living
standards. The economic and financial crises have made matters
worse. The viewpoint of Living Standards and Social Well-Being is
that the fundamental objective for an economy is provisioning, not
simply efficiency. The chapters in this volume examine how
economies across the globe come to understand what constitutes a
living and how they can improve living standards, including
balancing paid work with family life and civic responsibility.
The authors provide historical, theoretical, and empirical
studies of moving economies at the macro level and households at
the micro level toward improved living standards. It is argued that
achieving well-being and decent living standards, through work and
welfare state policies, is a social responsibility. Such
improvements could be delivered through basic income policies,
family support, job guarantees, decent work, shorter work weeks,
and support from social welfare. These issues are important for
economics and the other social sciences and in particular for
social economics.
This book was published as a special issue of the Review of
Social Economy.
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