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Liberalism and the Welfare State - Economists and Arguments for the Welfare State (Hardcover)
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Liberalism and the Welfare State - Economists and Arguments for the Welfare State (Hardcover)
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The welfare state has, over the past forty years, come under
increasing attack from liberals who consider comprehensive welfare
provision inimical to liberalism. Yet, many of the architects of
the post-World War II welfare states were liberals, many of whom
were economists as much as socialists. Liberalism and the Welfare
State investigates the thinking of liberal economists about
welfare, focusing on Britain, Germany and Japan, each of which had
a different tradition of economic thinking and different
institutions for welfare provision. This volume explores the early
history of welfare thinking from the British New Liberals of the
early twentieth century, German Ordoliberals and post-war Japanese
Liberal economists. It delves into arguments about neoliberalism
under British Conservative and New Labour governments, after German
reunification, and under Koizumi in Japan. Given the importance of
both international policy collaboration and international networks
of neoliberal economists, this volume also explores neoliberal
ideas on federalism and the responses of neoliberal think tanks to
the global financial crisis. Liberalism and the Welfare State
provides a comparative analysis of economists' attitudes to the
welfare state. Notwithstanding the differences, in each country
support emerged very early on for social minimum standards, but
strong disagreements within each country quickly developed. The
result was divergence, as the debates shaped different welfare
regimes. More recently, the strong impact of efficiency related
critiques of welfare regimes has crowded out more nuanced and
complex discussions of the past. This volume provides a reminder
that neither liberalism nor economic ideas in general are inimical
to well-designed welfare provision. The ongoing debate on economics
and welfare can be greatly improved by way of stronger
consideration of different lineages of both liberal and neoliberal
lines of economic thought.
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