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Value problems of Welfare-Capitalism

Bibliographic Data

ID2111920
AuthorsT H Marshall (corresponding author)
Year1972
Volume1
Issue1
Pages15-32
Publication date1972-01-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueJournal of Social Policy (JOURNAL)
Journal identifiersISSN: 0047-2794 • E-ISSN: 1469-7823
PublisherCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0047279400002166
OpenAlexW2126562198
LanguageEN
Citations received25
References cited9

I have borrowed this term from Richard Crossman. When he wrote his contribution to the New Fabian Essays in 1952 he took stock of the present state of socialism, as the original Fabians had done in 1889. He hoped to discover 'a philosophy of Socialism' with life in it. But he failed. An obvious place to look for it was in the Welfare State, as it had emerged from the hands of the post-war Labour government. But the Welfare State, he decided, was not socialist; it was 'the climax of a long process, in the course of which capitalism had been civilised and to a large extent reconciled with democracy'. Later on he referred to the product of this process as 'welfare capitalism'. He ought to have called it 'democratic-welfare-capitalism' because, as I shall argue, democracy deserves to have a position as a third party of independent status, not just to be taken for granted

Capitalism · Communism · Democracy · Economics · Market economy · Neoclassical economics · Political economy · Political science · Politics · Socialism · State (computer science) · State socialism · Value (mathematics) · Welfare · Welfare capitalism · Welfare state · Game Theory and Voting Systems · Housing, Finance, and Neoliberalism · Law · Political Philosophy and Ethics

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Unique citing works25
Citations per year0,51
Citation span1977 - 2022 (46)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 22

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