Wealth and Welfare States

Wealth and Welfare States
Author: Irwin Garfinkel,Lee Rainwater,Timothy Smeeding
Publsiher: OUP Oxford
Total Pages: 272
Release: 2010-01-28
Genre: Business & Economics
ISBN: 9780191037559

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This book explores the role of the welfare state in the overall wealth and wellbeing of nations and in particular looks at the American welfare state in comparison with other developed nations in Europe and elsewhere. It is widely believed that the welfare state undermines productivity and economic growth, that the United States has an unusually small welfare state, and that it is, and always has been, a welfare state laggard. This book shows that all rich nations, including the United States, have large welfare states because the socialized programs that comprise the welfare state-public education and health and social insurance—enhance the productivity of capitalism. In public education, the most productive part of the welfare state, for most of the 19th and 20th centuries, the United States was a leader. Though few would argue that public education is not part of the welfare state, most previous cross national analyses of welfare states have omitted education. Including education has profound consequences, undergirding the case for the productivity of welfare state programs and the explanation for why all rich nations have large welfare states, and identifying US welfare state leadership. From 1968 through 2006, the United States swung right politically and lost its lead in education and opportunity, failed to adopt universal health insurance and experienced the most rapid explosion of health care costs and economic inequality in the rich world. The American welfare state faces large challenges. Restoring its historical lead in education is the most important but requires investing large sums in education, beginning with universal pre-school and in complementary programs that aid children's development. The American health insurance system is by far the most costly in the rich world, yet fails to insure one sixth of its population, produces below average results, crowds out useful investments in children, and is the least equitably financed. Achieving universal coverage will increase costs. Only complete government financing is likely to restrain long term costs. In memory of Robert J. Lampman Colleague, Co-author, Friend and Mentor

No Wealth But Life

No Wealth But Life
Author: Roger E. Backhouse,Tamotsu Nishizawa
Publsiher: Cambridge University Press
Total Pages: 257
Release: 2010-03-22
Genre: Business & Economics
ISBN: 9780521197861

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This book offers a fresh perspective on the history of welfare economics in Britain, arguing that it needs to be considered alongside the movement toward a welfare state. It is argued that there were two competing approaches to welfare economics, associated with the Universities of Cambridge and Oxford, based on different philosophical foundations.

Wealth Poverty and Politics

Wealth  Poverty and Politics
Author: Thomas Sowell
Publsiher: Basic Books
Total Pages: 576
Release: 2016-09-06
Genre: Business & Economics
ISBN: 9780465096770

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In Wealth, Poverty, and Politics, Thomas Sowell, one of the foremost conservative public intellectuals in this country, argues that political and ideological struggles have led to dangerous confusion about income inequality in America. Pundits and politically motivated economists trumpet ambiguous statistics and sensational theories while ignoring the true determinant of income inequality: the production of wealth. We cannot properly understand inequality if we focus exclusively on the distribution of wealth and ignore wealth production factors such as geography, demography, and culture. Sowell contends that liberals have a particular interest in misreading the data and chastises them for using income inequality as an argument for the welfare state. Refuting Thomas Piketty, Paul Krugman, and others on the left, Sowell draws on accurate empirical data to show that the inequality is not nearly as extreme or sensational as we have been led to believe. Transcending partisanship through a careful examination of data, Wealth, Poverty, and Politics reveals the truth about the most explosive political issue of our time.

Welfare for the Wealthy

Welfare for the Wealthy
Author: Christopher G. Faricy
Publsiher: Cambridge University Press
Total Pages: 269
Release: 2015-10-22
Genre: Business & Economics
ISBN: 9781107101012

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This book examines how political party power influences public spending and private subsidies, and how these changes affect inequality.

Race Money and the American Welfare State

Race  Money  and the American Welfare State
Author: Michael E. Brown
Publsiher: Cornell University Press
Total Pages: 406
Release: 2018-10-18
Genre: Political Science
ISBN: 9781501722356

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The American welfare state is often blamed for exacerbating social problems confronting African Americans while failing to improve their economic lot. Michael K. Brown contends that our welfare system has in fact denied them the social provision it gives white citizens while stigmatizing them as recipients of government benefits for low income citizens. In his provocative history of America's "safety net" from its origins in the New Deal through much of its dismantling in the 1990s, Brown explains how the forces of fiscal conservatism and racism combined to shape a welfare state in which blacks are disproportionately excluded from mainstream programs.Brown describes how business and middle class opposition to taxes and spending limited the scope of the Social Security Act and work relief programs of the 1930s and the Great Society in the 1960s. These decisions produced a welfare state that relies heavily on privately provided health and pension programs and cash benefits for the poor. In a society characterized by pervasive racial discrimination, this outcome, Michael Brown makes clear, has led to a racially stratified welfare system: by denying African Americans work, whites limited their access to private benefits as well as to social security and other forms of social insurance, making welfare their "main occupation." In his conclusion, Brown addresses the implications of his argument for both conservative and liberal critiques of the Great Society and for policies designed to remedy inner-city poverty.

Economics of the Welfare State

Economics of the Welfare State
Author: Nicholas Barr
Publsiher: OUP Oxford
Total Pages: 416
Release: 2012-03-01
Genre: Business & Economics
ISBN: 9780199297818

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The fifth edition of this successful textbook discusses the different parts of the welfare system and, in particular, cash benefits, the health service, and education. The text is organized into four parts: Concepts, Cash benefits, Benefits in kind, and Epilogue.

The Welfare State

The Welfare State
Author: David Garland
Publsiher: Oxford University Press
Total Pages: 177
Release: 2016
Genre: POLITICAL SCIENCE
ISBN: 9780199672660

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This 'Very Short Introduction' discusses the necessity of welfare states in modern capitalist societies. Situating social policy in an historical, sociological, and comparative perspective, David Garland brings a new understanding to familiar debates, policies, and institutions.

Repackaging the Welfare State

Repackaging the Welfare State
Author: Pranab Chatterjee
Publsiher: N A S W Press
Total Pages: 238
Release: 1999
Genre: Political Science
ISBN: UOM:39015043097099

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Although the welfare state is unquestionably one of the noblest accomplishments of the 20th century, certain steps must be taken for its continued survival, including market participation and population planning. This path-breaking analysis of the welfare state examines the fundamental conflict existing in every modern industrial state between efforts to optimise efficiency and equality. Earlier studies of the welfare state relying on various single social science perspectives, led to disciplinary tunnel vision. This study corrects this myopia by offering an interdisciplinary approach to conceptualising a welfare state that balances a civil society, which provides caregiving to the vulnerable, with wealth-building activities.