The Welfare State: The Three Main Debates

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The three main debates include pooling/ socialization of risk, the presumed conflict between equality and efficiency, and whether the existence of the welfare state stimulates of shows the economy. For efficiency and equality the conflict is what the outcome of the economy will be. The concern is that the market system will damage and crumble if more social programs that give to the poor are created, because it will lead to higher taxes and stricter regulations. Production will be cost effective, therefore producing fewer

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