Pe Of Welfare State
PE-4000-NE1
SUNY Old Westbury
- Semester
- Fall 2026
- Instructor
- Laurence Krause
- Start Date
- 07-06-2026
- Total Credits
- 4
- Call to Register
- 516-876-3000
Take your class online with SUNY
You will learn the same curriculum as our on-campus students
This course examines the evolution and dynamics of the marriage between capitalism and the welfare state in the advanced industrial nations of the global North after World War II. The first part explores the postwar synthesis that integrated a dynamic capitalist economy, a liberal democratic political system, and an expanding welfare state. It focuses on three central features of this system: -Macroeconomic management to contain instability and sustain growth. -Social insurance to directly secure the well-being of working people. Redistributive policies to promote a fairer distribution of income and wealth between labor and capital. The second part of the course analyzes how this effort to construct an equitable and stable society-one capable of generating shared prosperity within a democratic capitalist framework-has fared since World War II. It investigates why welfare state capitalism flourished from the late 1940s through the 1970s and why it has encountered mounting economic and political challenges in the decades that followed.
Prerequisites:
Politics, Economics & Law 2420 Undergraduate C And Politics, Economics & Law 2430 Undergraduate C
Course Area: Economics
Level: Upper Level Undergraduate
Dates: 07-06-2026 - 08-06-2026
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- Instructor: Laurence Krause
- Local Course ID: 26SU_OLD_PE4000_NE1
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