Soc policy - chappy 2 Flashcards

1
Q

What is significant about the late 1930s early 1940s?

What was the main motivation for this push?

A

British welfare state born in 1945 - voters elected first labour government
First social programs - unemployment insurance, family allowances and old age security (after 1939)
Altruism

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2
Q

What is another motive for social welfare investment other than altruism?

A

Social welfare is a method to “buy off” the masses as the rich fear an uprising by the poor - never amounts to much
Product of hard-fought victories by trade unions on behalf of their members

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3
Q

What happened at the end of the post-war consensus?

A

Sharing the pie between capital and labour ends after oil prices rise (downturn in world economy)

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4
Q

What is the unemployment act?

A

Workers pay premiums into the system where they work - should they be jobless, they could draw cash benefits

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5
Q

Define:
Counter-cyclical spending
Stagflation

A

When the economy goes bad and unemployment increases, government spending government can moderate the overall decline
Low or stagnant economic growth, accompanied by high inflation

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