New Liberalism directly produced Britain’s pensions, insurance, and welfare state

Evidence

The long-term consequences of this transformation of British Liberalism were dramatic. Universal pensions, unemployment insurance, and the intensification of industrial regulation all followed in the early twentieth century. Twenty years later, the heirs to this movement were the great social and economic reformers of the 1930s and 1940s, such as T. H. Marshall, John Maynard Keynes, and William Beveridge. They in turn pushed the New Liberalism still further, laying the foundations for a comprehensive welfare state. — Mark Blyth, Austerity, 314

Categorization

• XREF: Traces the causal chain from New Liberalism to Beveridge and Keynes, the canonical welfare-state thinkers in the austerity literature. — connects to: Welfare-state programs, not markets, produced extreme social mobility in the UK — Mark Blyth, Austerity: The History of a Dangerous…, 18; New Liberalism embraced state management as a positive duty, not a necessary evil — Mark Blyth, Austerity: The History of a Dangerous…, 313; Britain’s welfare state was a Liberal, not Labour, innovation — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 393 (+1 more)

Broader Connections

• Britain’s welfare state was a Liberal, not Labour, innovation #corroborates (0.90) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 393