Anthony Crosland Flashcards
1
Q
key ideas
A
- modern capitalism lacks inherent contradictions: these are required to drive social change or bring about revolution; managed capitalism can deliver greater social equality
- 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
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
3
Q
the state
A
high levels of gov spending is required on welfare services and the redistribution of income and wealth
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