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The Strange Career of Regulation in the Welfare State

Author

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  • Marjorie Griffin Cohen

Abstract

This paper argues that the welfare state and regulation are not inevitably in harmony. In the post-Keynesian period of ‘austerity,’ the tendency is for state regulation to focus more on supporting market-creating activities of capital than of market-controlling features that would protect people and the environment.

Suggested Citation

  • Marjorie Griffin Cohen, 2015. "The Strange Career of Regulation in the Welfare State," Econ Journal Watch, Econ Journal Watch, vol. 12(1), pages 28-35, January.
    • Handle: RePEc:ejw:journl:v:12:y:2015:i:1:p:28-35
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    References listed on IDEAS

    as
    1. Alberto Alesina & Silvia Ardagna, 2010. "Large Changes in Fiscal Policy: Taxes versus Spending," NBER Chapters, in: Tax Policy and the Economy, Volume 24, pages 35-68, National Bureau of Economic Research, Inc.
    2. Majone, Giandomenico, 1997. "From the Positive to the Regulatory State: Causes and Consequences of Changes in the Mode of Governance," Journal of Public Policy, Cambridge University Press, vol. 17(2), pages 139-167, May.
    3. Blyth, Mark, 2013. "Austerity: The History of a Dangerous Idea," OUP Catalogue, Oxford University Press, number 9780199828302.
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    More about this item

    Keywords

    Welfare state; regulatory state; regulation; redistribution; economists; social reproduction;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A14 - General Economics and Teaching - - General Economics - - - Sociology of Economics

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