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7. Neoliberalism and WS 2.0
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The welfare states that enjoyed three decades of expansion after 1945 endured a challenging period in the following decades. From the late 1970s, in one country after another, opposition groups mounted a sustained attack on welfare states in the name of free markets and conservative family values. ‘Neoliberalism and WS 2.0’ describes the 1970s economic crisis and the neoliberal assault it unleashed. Despite their political dominance in the 1980s and 1990s, neoliberal reformers did not abolish the welfare state, but succeeded in changing its character, creating a less expansive, more austere version—‘WS 2.0’—based on a neoliberal style of economic government and a market-oriented reworking of social policy.
Title: 7. Neoliberalism and WS 2.0
Description:
The welfare states that enjoyed three decades of expansion after 1945 endured a challenging period in the following decades.
From the late 1970s, in one country after another, opposition groups mounted a sustained attack on welfare states in the name of free markets and conservative family values.
‘Neoliberalism and WS 2.
0’ describes the 1970s economic crisis and the neoliberal assault it unleashed.
Despite their political dominance in the 1980s and 1990s, neoliberal reformers did not abolish the welfare state, but succeeded in changing its character, creating a less expansive, more austere version—‘WS 2.
0’—based on a neoliberal style of economic government and a market-oriented reworking of social policy.
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