From Universalism to Safety Nets: The Rise and Fall of Keynesian Influence on Social Development

摘要: The history of social policy during the last hundred years would be seriously incomplete without giving a full account dramatic influence John Maynard Keynes. He was instrumental in helping Europe recover from Second World War 1939–45 — contrast to failures after First and establishing Bretton Woods institutions welfare state. Social development lay at heart his concern construction practical policies as much astute handling economic theory. cut ground beneath feet classical neo-classical theorists, he recommended were found work practice. Certainly early postwar represent an acknowledged watershed world history. If not exactly thing past mass unemployment no longer immediate threat. Recovery progress real. Inequality had been reduced. Colonial powers retreat.