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The welfare state and long-term economic growth: marxian, neoclassical, and keynesian approaches

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Article

Bowles, Samuel ; Gintis, Herbert

The American Economic Review

1982

72

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341-345

welfare state ; economic growth ; capitalism ; Marxism ; macroeconomics

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https://www.jstor.org/stable/1802355

English

Bibliogr.

"The contradictory nature of the welfare state stems from its location at the interface of two distinct sets of "rules of the game." According to the rules of liberal democracy, formal political participation is universally extended, the rights of political contestation generally guaranteed, and claims on resources recognized on the basis of citizenship. By contrast, capitalism recognizes claims to resources and access to decision making, according to the ownership of property or the delegation of authority by property owners. ..."

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