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Social expenditure as % of GDP (). A welfare state is a form of government in which the state (or a well-established network of social institutions) protects and promotes the economic and social well-being of its citizens, based upon the principles of equal opportunity, equitable distribution of wealth, and public responsibility for citizens unable to avail themselves of the minimal provisions ...
Welfare capitalism was also used as a way to resist government regulation of markets, independent labor union organizing, and the emergence of a welfare state. Welfare capitalists went to great lengths to quash independent trade union organizing, strikes, and other expressions of labor collectivism—through a combination of violent suppression ...
The idea of a socialist state stems from the broader notion of state socialism, the political perspective that the working class needs to use state power and government policy to establish a socialised economic system. The term can vary in its use from meaning a political system to adopting terms of a welfare state.
Social democratic theorist Robin Archer wrote about the importance of social corporatism to social democracy in his work Economic Democracy: The Politics of a Feasible Socialism (1995). [200] As a welfare state, social democracy is a specific type of welfare state and policy regime described as being universalist, supportive of collective ...
The modern welfare state has been criticized on economic and moral grounds from all ends of the political spectrum.Many have argued that the provision of tax-funded services or transfer payments reduces the incentive for workers to seek employment, thereby reducing the need to work, reducing the rewards of work and exacerbating poverty.
Socialism for the rich and capitalism for the poor" is a classical political-economic argument asserting that, in advanced capitalist societies, state policies assure that more resources flow to the rich than to the poor, for example in the form of transfer payments.
The only state that had come the closest to socialism was Soviet Union and it had both dramatic successes and dramatic failures in terms of economic growth, technological advancement and welfare ...
Libertarian socialism, sometimes called left-libertarianism, [221] [222] social anarchism [223] [224] and socialist libertarianism, [225] is a political philosophy within the socialist movement that reject the view of socialism as state ownership or command of the means of production [226] within a more general criticism of the state form ...