Advertisement
Advertisement
welfarism
[ wel-fair-iz-uhm, -fai-riz- ]
noun
- the set of attitudes and policies characterizing or tending toward the establishment of a welfare state.
welfarism
/ ˈwɛlˌfɛərɪzəm /
noun
- policies or attitudes associated with a welfare state
Derived Forms
- ˈwelˌfarist, noun
Other Words From
- welfar·ist noun adjective
Word History and Origins
Origin of welfarism1
Example Sentences
Economist Arvind Subramanian calls this Mr Modi's "New Welfarism", funding essential private items like toilets, rather than expanding public goods such as primary education and healthcare.
To be sure, "New Welfarism" stands apart from the traditional welfare models in Europe or the US.
The jury is still out on whether 'New Welfarism' is hurting the exchequer.
"All that requires institution building, which is a hard slog. So while there is much that is commendable about the New Welfarism, one worries that it might be at the cost of building systems that matter for long-term productivity and growth," he said.
Unlike his predecessor, Muhammadu Buhari, who leaned towards welfarism, he favours free market-driven forces.
Advertisement
Advertisement
Advertisement
Advertisement
Browse