A sweeping intellectual history of the welfare state’s policy-in-waiting.
The idea of a government paying its citizens to keep them out of poverty—now known as basic income—is hardly new. Often dated as far back as ancient Rome, basic income’s modern conception truly emerged in the late nineteenth century. Yet as one of today’s most controversial proposals, it draws supporters from across the political spectrum.
In this eye-opening work, Anton Jäger and Daniel Zamora Vargas trace basic income from its rise in American and British policy debates following periods of economic tumult to its modern relationship with technopopulist figures in Silicon Valley. They chronicle how the idea first arose in the United States and Europe as a market-friendly alternative to the postwar welfare state and how interest in the policy has grown in the wake of the 2008 credit crisis and COVID-19 crash.
An incisive, comprehensive history, Welfare for Markets tells the story of how a fringe idea conceived in economics seminars went global, revealing the most significant shift in political culture since the end of the Cold War.
The world’s richer democracies all provide such public benefits as pensions and health care, but why are some far more generous than others? And why, in the face of globalization and fiscal pressures, has the welfare state not been replaced by another model? Reconsidering the myriad issues raised by such pressing questions, Clem Brooks and Jeff Manza contend here that public opinion has been an important, yet neglected, factor in shaping welfare states in recent decades.
Analyzing data on sixteen countries, Brooks and Manza find that the preferences of citizens profoundly influence the welfare policies of their governments and the behavior of politicians in office. Shaped by slow-moving forces such as social institutions and collective memories, these preferences have counteracted global pressures that many commentators assumed would lead to the welfare state’s demise. Moreover, Brooks and Manza show that cross-national differences in popular support help explain why Scandinavian social democracies offer so much more than liberal democracies such as the United States and the United Kingdom.
Significantly expanding our understanding of both public opinion and social policy in the world’s most developed countries, this landmark study will be essential reading for scholars of political economy, public opinion, and democratic theory.
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