Concept information
Preferred term
welfare capitalism
Definition
- Welfare capitalism is distinguished by the balance between social welfare programs and state efforts to influence social and economic stratification within a capitalist economy. In Mexico, the shifting contours of welfare capitalism have been critically influenced by the country's legacy of Catholic-inspired corporatism. [Source: Encyclopedia of Social Welfare History in North America; Welfare Capitalism (Canada)]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/welfare_capitalism
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