Scholarly Comments on Academic Economics

The Strange Career of Regulation in the Welfare State

by

Read this article

Access statistics
3,244 article downloads
5,216 complete issue downloads
Total: 8,460

Abstract

This paper argues that the welfare state and regulation are not inevitably in harmony. In the post-Keynesian period of ‘austerity,’ the tendency is for state regulation to focus more on supporting market-creating activities of capital than of market-controlling features that would protect people and the environment.