2014/08/28

Franco “Bifo” Berardi: Welfare State and Democracy May 16th, 2011 | By Franco “Bifo” Berardi:



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welfare?----------------------------------------------------------------------------
The welfare prospective – defined here as guaranteed income of working classes and the creation of a system of social services able to hinge modern society on the basis of relative economic security and to prevent the rise of violent social conflicts and the deregulation of solidarity – was born in Germany during the Bismarck period.


In the 1880s, Bismarck introduced old age pensions, accident insurance, medical care and unemployment benefits that formed the basis of the modern European welfare state. His paternalistic programmes won the support of German industrial class because its goals were to win the support of the working classes for the Empire and reduce the outflow of immigrants to America, where wages were higher but welfare did not exist. Then, welfare policy became a common governmental practice in the time following the 1929s crisis and the work of John Maynard Keynes played a fundamental role in the formation and development of the modern welfare theory.
By Franco “Bifo” Berardi:

 taken, quoted from and Cited from

         

https://www.thenewsignificance.com/2011/05/16/franco-bifo-berardi-welfare-state-and-democracy/



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