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Varieties Of Capitalism And Welfare States

Author

Listed:
  • Narmin BAGHIRZADE

    (The Károly Ihrig Doctoral School of Management and Business, University of Debrecen)

Abstract

Regarding numerous investigations, a welfare state is a product of industrialization and responds to the changes related to capitalism’s new stage. The relation between a state and a market can determine some features of welfare states, in particular, size and range. Welfare states implicate market economy tools and social welfare policies. If they work together, not hindering each other, but being in harmony, economic prosperity can be reached. Several topics should be involved to get complex answers. In this paper, to get answers to the questions: “How the relation between a state and a market can affect the range of Welfare States?”, “Is there any analogy between a type of political economy and a welfare state?” several theories will be analyzed and summarized.

Suggested Citation

  • Narmin BAGHIRZADE, 2020. "Varieties Of Capitalism And Welfare States," SEA - Practical Application of Science, Romanian Foundation for Business Intelligence, Editorial Department, issue 23, pages 163-168, August.
    • Handle: RePEc:cmj:seapas:y:2020:i:23:p:163-168
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    References listed on IDEAS

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    1. repec:ucp:bkecon:9780226320625 is not listed on IDEAS
    2. Korpi, Walter, 2003. "Welfare State Regress in Western Europe: Politics, Institutions, Globalization and Europeanization," Working Paper Series 5/2003, Stockholm University, Swedish Institute for Social Research.
    3. Therborn, Göran, 1989. "Social Steering and Household Strategies: the macropolitics and the microsociology of welfare states," Journal of Public Policy, Cambridge University Press, vol. 9(3), pages 371-397, July.
    4. Soskice, David & Bates, Robert H & Epstein, David, 1992. "Ambition and Constraint: The Stabilizing Role of Institutions," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 8(3), pages 547-560, October.
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    Cited by:

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    More about this item

    Keywords

    Welfare State; Capitalism;

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

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