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| Author: | Quadagno, J. |
| Title: | Creating a capital investment welfare state: the new American exceptionalism? |
| Journal: | American Sociological Review
1999 : FEB, VOL. 64:1, p. 1-11 |
| Index terms: | CAPITAL INVESTMENT WELFARE STATE USA |
| Language: | eng |
| Abstract: | In the past few decades forces such as globalization and international competition, rising public budgets, and aging populations have caused many nations to reexamine the social programs they established at least a half century ago. Some nations have cut spending; others have reorganized priorities to provide support for dual-earner families, single mothers, or elderly people who need long-term care. The United States appears instead to be in transition from a social insurance welfare state to a "capital investment welfare state" in which the objective is to increase savings and investment. |
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