A Modern Guide to State Intervention
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A Modern Guide to State Intervention

Economic Policies for Growth and Sustainability

Edited by Nikolaos Karagiannis and John E. King

A Modern Guide to State Intervention investigates the impact of the changing role of the state, offering an alternative political economy for the third decade of the twenty-first century. Building on important factors including history, the role of institutions, society and economic structures, this Modern Guide considers economic and administrative interventions towards changing the destabilized status quo of modern societies.
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Chapter 7: Welfare as government intervention

Torsten Niechoj

Abstract

Niechoj analyses the emergence of the modern welfare state - based on the writings of Marx and Polanyi - as a response to the evolution of a market society, and describes the provision of welfare as a collective action problem which is solved by a state that takes responsibility for welfare. The author focuses then on the character of welfare as interventionism and discusses and weighs liberal arguments against welfare.

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