Social Work 1022A/B Lecture Notes - Lecture 3: John Maynard Keynes, Keynesian Economics, Mixed Economy
17 Feb 2017
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Document Summary
Approaches to social welfare: political ideology approach conservative, liberal, social democratic, and socialist beliefs, economic theory approach keynesian, monetarism, and political economy, welfare state regimes approach, gender based approach. Basic values are freedom, individualism, and inevitability inequality. Establish the rules and then generate competition: make rules but would step back not become a player. Free enterprise, free trade: reduction in taxes. Social programs hinder the market, often too generous: liberal ideology. Endorse free enterprise but with some government regulation. Primary values are pragmatism, liberty, individualism, humanism, and inevitability of inequality. Government should intervene to a degree and provide a minimum of income security bene ts. Reluctant collectivists": social democratic ideology (new democratic) Middle ground between liberalism and full socialism. Key values are social equality, social justice, economic freedom, fellowship and co-operation. Government intervention stable economy and employment. Markets regulated mixed economy of private and public companies. Tommy douglas health care system: socialist ideology.
