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The New Welfare Risk of Modern Capitalist States: Performance, Reason and Response
Ran Hao
Teaching and Research
2021, 55 (2):
56-67.
The welfare risk of capitalism is changing from “new social risk” to “new welfare risk”. It includes the new social security risk caused by the refugee tide, the new social policy risk caused by the aggravation of inequality and populism, the new labor risk caused by the industrial structure change in the Internet era, and the new family policy risk promoted by work family imbalance. The root cause of the variation of welfare risk in capitalist countries is that the capitalist mode of production based on the grab of surplus value and the existence of private ownership can not overcome the contradiction between the marketization of production system and the non commercialization of distribution system, resulting in the welfare supply that can be realized by the capitalist government can not accommodate the welfare needs of the middle and lower classes. To this end, capitalist countries should strengthen the government's intervention in secondary distribution and implement a series of more active welfare policies. However, the capitalist mode of production has always been unable to root out the spiral variation and upgrading of welfare risks, as well as the resulting cyclical welfare crisis.
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