The West European Alternative

The West European Alternative - The West European...

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The West European Alternative: social market economics, integration, and post-nationalism Welfare state and Social market economics o Rebuilding economies: a new role for government – the idea that the government needs to play a much greater role of the state in the economy is key to capitalism and to European integration. Active role in the economy , greater intervention. Consensus that government should intervene to raise the standard of living of the broadest number of people in society. A large strong middle class safeguards democracy, and resolving class conflict that had been the source of major crisis. Redistribute wealth – tax the rich and give to the poor to create a large middle class that could sustain a consumer oriented capitalistic economy and liberal democratic politics o States responsibility to maximize prosperity and help out the underachieving o The welfare state, “safety nets” and society’s collective responsibility – protect vulnerable members of society. Society had a collective responsibility to protect
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This note was uploaded on 11/27/2011 for the course HIST 128 taught by Professor Nelson during the Fall '08 term at UNC.

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The West European Alternative - The West European...

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