Jump to ContentJump to Main Navigation
Economics in PerspectiveA Critical History$
Users without a subscription are not able to see the full content.

John Kenneth Galbraith

Print publication date: 2017

Print ISBN-13: 9780691171647

Published to Princeton Scholarship Online: May 2018

DOI: 10.23943/princeton/9780691171647.001.0001

Show Summary Details
Page of

PRINTED FROM PRINCETON SCHOLARSHIP ONLINE (www.princeton.universitypressscholarship.com). (c) Copyright Princeton University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in PRSO for personal use.date: 16 September 2021

The Birth of the Welfare State

The Birth of the Welfare State

Chapter:
(p.229) Chapter 16 The Birth of the Welfare State
Source:
Economics in Perspective
Author(s):

John Kenneth Galbraith

Publisher:
Princeton University Press
DOI:10.23943/princeton/9780691171647.003.0016

This chapter examines the rise of the welfare state in the United States following the Great Depression. It begins with a historical background on the welfare state, tracing its origins to Germany under Count Otto von Bismarck and discussing Britain's social welfare legislation that was passed in 1911. It then considers the views of Arthur C. Pigou, who published his basic work on economics, The Economics of Welfare, in 1920, and a host of factors that sparked the movement toward the welfare state. In particular, it looks at the role of the institutionalists, led by John R. Commons, and the University of Wisconsin as the source of both the ideas and the practical initiative basic to the welfare legislation. Finally, it describes the Social Security Act of 1935 and the business reaction to it.

Keywords:   welfare state, Germany, Otto von Bismarck, Britain, Arthur C. Pigou, institutionalists, John R. Commons, University of Wisconsin, Social Security Act, social welfare

Princeton Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us.