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1 day agoWelfare always struck me as a “capitalist solution to capitalist problems” that was unnecessary with a proper constitution and jobs guaranteed for all by the state; insofar as that is a warranted appraisal, a criticism of welfare is nothing more than a criticism of the various organs which keep capitalism on prolonged life-support.
That said, as China is market-socialism, it is concerning rhetoric from the leadership unless they are planning to implement a more USSR style economy in the not-so-distant future.
Which nation are we discussing? or are we talking global capitalism?
Regardless I assume you mean to say in any nation where welfare was present it is being eroded? Yes, neoliberalism works to abolish welfare in the wake of the dissolution of the USSR. The “capitalist problem” wasn’t poverty (they are fine with poverty); it was being upstaged by the USSR in certain health index metrics. I guess my sentiment is that China may have a better solution than welfare for dealing with markets - subsidizing costs to lower prices, or something along that line.