The Cultural Consequences of the Welfare State

mises.org/mises-wire/cultural-consequences-welfare-state

The foundations of the welfare state can be found in Bismark’s idea of the social state, which, at first, was used to fight socialists on a political level, but hell is full of good intentions. Bismark in the 1880s created compulsory insurance for accident, health, disability, and age…

This story appeared on mises.org, 2025-04-28 10:13:30.043000.
The Entire Business World on a Single Page. Free to Use →