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Capitalism vs. Welfare State: A Debate
Pages 3 (753 words)
Author’s Name Instructor’s Name Course Name Nov 14th 2012 There has been a debate going on concerning which system is better, a state that adheres to capitalism, or one that is a welfare state. In order to get to understand which system is better, a definition for them has to be given…
On the other hand, there is the welfare state, where the government takes a direct hand in providing crucial services to its people, whenever they need it. For example, the government directly gets involved in the provision of food, shelter, and money so in order to promote the living standards of its people (Dore 115). A social welfare state promotes the idea that the public has a responsibility towards those of its members who are unable to provide needed resources for themselves. Both of these systems are highly prevalent in the world today, with the former being dominant in the United States, and the latter has by a majority of western European states. In this paper, the debate that has been raging concerning these two systems shall be discussed, and it shall be decided which functions better than the other does. It has been stated by some that the welfare state is the express outcome of the ascendency of capitalism. It is said that the welfare state came into existence to address the problems, which had been brought about, by the unregulated policies related to capitalism. It has further been argued that a welfare state brings balance to the capitalist system through the provision of indirect support, such as education, to ensure the success of capitalism. ...
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