1. Post-War Welfare Settlements of the 1980s and 90s
... from the complex, contested and fragile set of arrangements called "settlements" - the political, economic, social and organisational settlements. Therefore it never was the homogeneous or unified entity that it is often regarded as. Keynes" demand management theory, as a solution to unemployment, advised the government to intervene in the economy by increasing government expenditure in order to increase aggregate demand. ... shaped the nature of the post-war settlements. It established a status quo, which set the limits within which the competing power blocs could compromise and reach a...
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- Approx Pages: 15
- Grade Level: Undergraduate