Open AccessFROM THE WELFARE STATE TO THE SOCIAL INVESTMENT STATE
Author(s) -
Maurizio Ferrera
Publication year - 2019
Publication title -
revista direito das relações sociais e trabalhistas
Language(s) - English
Resource type - Journals
ISSN - 2446-8908
DOI - 10.26843/mestradodireito.v3i1.101
Subject(s) - investment (military) , politics , welfare state , state (computer science) , social policy , welfare , quality (philosophy) , economics , economic growth , political science , public economics , sociology , market economy , law , philosophy , epistemology , algorithm , computer science
This paper discusses the basic rationale which has inspired the intellectual and policy reorientation towards “social investment”, with particular attention to child policy. The firstsection outlines the main features of the social investment approach, contrasting it with the more traditional “Fordist” approach. The second and third sections explain why and how early childhood education and care canmake a difference in termsofbothefficiencyandequity.Thefourthsectionbrieflysummarizes the British experience under New Labour, while the fifth section discusses issues of quality and accessibility. The conclusion wraps up, underlining the need to step up the shift to- wards social investment, overcoming the political obstaclesto reform.