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There was a statement made on the radio during a business interview that I would...
Topics: Welfare, Social Sciences, Economics, Economic Development
There was a statement made on the radio during a business interview that I would appreciate clarification on . The gentleman said "we have become a redistribution society, from a growth society" I would appreciate some comments and interpretation on this. thank you
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The man that you heard on the radio was most likely criticizing our society from a conservative perspective. He was saying that we are no longer interested mainly in making our economy grow. Instead, we are mainly interested in taking the money that has already been made and spreading it around society in different ways. Conservatives typically feel that our society has moved in this direction.
A “growth society” is one in which the most important thing is economic growth. In such a society, the government emphasizes policies that promote growth. It does not engage in regulating businesses very much because it wants them to grow. It does not worry much about the fact that some people are poor so long as the economy as a whole is growing. This is the sort of society that is more attractive to conservatives.
A “redistribution society” is one that is more interested in taking money from those who have plenty and using it to help those who do not have enough. This is a society with a welfare state. It is one in which the government is more interested in lifting up the poorer parts of society and less interested in making sure that the economy will grow. It is more interested in what liberals see as “fairness” than in making the economy grow.
Liberals would say that these two can go together. They would say that we can be both a redistribution society and a growth society. Conservatives tend to think that policies that promote redistribution tend to take away from growth.
Posted by pohnpei397 on July 25, 2013 at 11:41 AM (Answer #1)
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