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Week 6: The Welfare State (CO 8)

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8

Given the generally enlarged role of modern governments in citizens’ lives, analyze the factors that have contributed to the increase in governmental authority over economic and social activities during the contemporary period.

How would you evaluate the social welfare programs in most European states? E.g., in England and France, almost all health care is covered from cradle to grave. Do you think such social systems would work in the United States? What do you think of the current health care reform in the United States?

This site gives an overview of the French welfare system:

https://www.frenchentree.com/living-in-france/healthcare/healthcare-in-france-an-introduction/

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The Welfare State

The increased government involvement in the economic and social affairs of a country
is due to inefficiency of the market mechanisms (Fisher, p 24). For example, where the market
has failed to bring about equity in the distribution and consumption of goods and services, the
government can intervene. Due to externalities in the market (with can be positive or negative)
the government may intervene to ensure the third parties affected by any market force are
compensated, if deemed fit (F...


Anonymous
Very useful material for studying!

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