New Deal Keynesians favored services and full employment over direct cash transfers
Evidence
Here the rise of guaranteed income cannot be understood without examining the profound economic, political, and intellectual transformations that affected the New Deal order. The rising skepticism toward social security expansion and public spending as a way to tackle poverty and increase employment in the light of new conceptions of poverty created a more welcoming environment for income-based strategies. — Anton Jäger and Daniel Zamora Vargas, Welfare for Markets, 143
Categorization
- XREF: connects to: Nixon’s EITC implemented Friedman’s NIT only for workers — Anton Jäger and Daniel Zamora Vargas, Welfare for Markets: A Global History…, 197; In-kind welfare was favored because it improved worker efficiency and incentives. — Anton Jäger and Daniel Zamora Vargas, Welfare for Markets: A Global History…, 113; Guaranteed income historically implied work duties tied to citizenship. — Anton Jäger and Daniel Zamora Vargas, Welfare for Markets: A Global History…, 107 (+1 more)
Broader Connections
- The Bretton Woods consensus prioritized domestic full employment over capital mobility
#corroborates(0.78) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 416