Wealth and Welfare States: Is America a Laggard or Leader?

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Wealth and Welfare States: Is America a Laggard or Leader?

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.

Statement of Responsibility

Author(s)

Garfinkle, Irwin - Personal Name

Edition

1st

Call Number

ISBN/ISSN

9780199579310

Subject(s)

Economic growt
American Walfare State

Classification

NONE

Series Title

GMD

Text

Language

English

Publisher

Oxford University Press

Publishing Year

2010

Publishing Place

New York

Collation

256p

Specific Detail Info

E-Book

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