Anthony Crosland Flashcards

1
Q

key ideas

A
  1. modern capitalism lacks inherent contradictions: these are required to drive social change or bring about revolution; managed capitalism can deliver greater social equality
  2. state-managed capitalism: the state must manage capitalism to deliver greater social equality, provide a more egalitarian distribution of rewards, status and privileges and remove class barriers
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2
Q

the economy

A

govs pursuing Keynesian economics could maintain high employment, ensure low inflation and promote continuous growth. rather than collapsing, as Marx predicted, capitalism had produced rising living standards

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3
Q

the state

A

high levels of gov spending is required on welfare services and the redistribution of income and wealth

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4
Q

the economy

A

economic expansion is required to fund welfare and social spending to impove living standards for those at the bottom of society, while preserving those of the more affluent

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