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We have summarized here the essential of this book by the author. WELFARE STATE AND THE SOCIAL ECONOMIC SCENARIO OF POST-WARThe importance that the State has had in most countries since World War II has given rise to the denomination of WELFARE STATE OR WELFARE STATE, to refer to a series of government instruments that regulate social life. This set of practices has departed considerably from liberal principles.
DefinitionWe can take Isuani's definition as a reference to deal with the question of the Welfare State: "The Welfare State consists of a set of public institutions supposedly destined to raise the quality of life of... the population as a whole and to reduce the social differences caused for the functioning of the market. The characteristic policies of the Welfare State use institutional tools as income redistribution mechanisms.