What Is The Correct Meaning Of The Term Welfare Capitalism? : capitalism characterized by a concern for the welfare of various social groupings (as workers) expressed usually through social-security programs, collective-bargaining agreements, state industrial codes, and other guarantees against insecurity. What is the correct meaning of the word capitalism? : an economic system characterized by
What Defines A Welfare State? The welfare state is a way of governing in which the state or an established group of social institutions provides basic economic security for its citizens. By definition, in a welfare state, the government is responsible for the individual and social welfare of its citizens. What is the welfare state
What Is A Social Democratic Welfare State? The 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
Which Philosopher Gave The Idea Of Welfare State? The earliest and most comprehensive philosophical justification for the welfare state was produced by an American, the sociologist Lester Frank Ward (1841–1913), whom the historian Henry Steele Commager called “the father of the modern welfare state”. Who is called Father of social welfare state? William Beveridge is