The case for an Investment State rests with three propositions: The first is the diminishing credibility of the Welfare State. Flourishing mid-20th century, it has struggled politically as a result of economic inequality, capital flight, bureaucratic inertia, damage to citizens, and the proliferation of subprime vendors. In response to the global financial crisis and the […]
David Stoesz, PhD, is Fulbright Distinguished Chair in Applied Public Policy at Carnegie Mellon University-Australia and Flinders University. In 2014 he was Fulbright Distinguished Chair in Social Policy at the University of Birmingham, UK. His books, published by Oxford University Press, include Quixote’s Ghost: The Right, the Liberati, and the Future of Social Policy; The Dynamic Welfare State; Pandora’s Dilemma: Theories of Social Welfare for the 21st Century and The Investment State: Charting the Future of Social Policy.