The Welfare State Is Dead
"The welfare state met its end in Britain this week, when British Chancellor of the Exchequer George Osborne repudiated the concept of the 'universal benefit.'"
"The welfare state was described by its intellectual architect, Lord Beveridge, as a structure built to protect the individual 'from the cradle to the grave.' This model came to dominate every West European country, with local traditions and local politics dictating the diversity of its application. By the 1960’s, all of democratic Europe was social democratic, a combination of free markets and mass social protection. This European model succeeded beyond anyone’s wildest dreams, and for decades was the envy of the world in a way that neither 'Wild West' American capitalism, nor Soviet and Maoist state socialism, ever could be. Social democracy seemed to deliver the best of both worlds, economic efficiency and social justice."
These five main food groups are important for your brain's health and likely to boost the production of feel-good chemicals.
We all know eating “healthy” food is good for our physical health and can decrease our risk of developing diabetes, cancer, obesity and heart disease. What is not as well known is that eating healthy food is also good for our mental health and can decrease our risk of depression and anxiety.
Infographics show the classes and anxieties in the supposedly classless U.S. economy.
For those of us who follow politics, we’re used to commentators referring to the President’s low approval rating as a surprise given the U.S.'s “booming” economy. This seeming disconnect, however, should really prompt us to reconsider the measurements by which we assess the health of an economy. With a robust U.S. stock market and GDP and low unemployment figures, it’s easy to see why some think all is well. But looking at real U.S. wages, which have remained stagnant—and have, thus, in effect gone down given rising costs from inflation—a very different picture emerges. For the 1%, the economy is booming. For the rest of us, it’s hard to even know where we stand. A recent study by Porch (a home-improvement company) of blue-collar vs. white-collar workers shows how traditional categories are becoming less distinct—the study references "new-collar" workers, who require technical certifications but not college degrees. And a set of recent infographics from CreditLoan capturing the thoughts of America’s middle class as defined by the Pew Research Center shows how confused we are.
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