Welfare-state cuts halt the intergenerational mobility they once enabled

Evidence

So what bothers me on a deep personal level is that if austerity is seen as the only way forward, then not only is it unfair to the current generation of “workers bailing bankers,” but the next “me” may not happen. The social mobility that societies such as the United Kingdom and the United States took for granted from the 1950s through the 1980s that made me, and others like me, possible, has effectively ground to a halt. Youth unemployment across the developed world has reached, in many cases, record levels. Austerity policies have only worsened these problems. Cutting the welfare state in the name of producing more growth and opportunity is an offensive canard. — Mark Blyth, Austerity, 19

Categorization

  • XREF: The causal link between welfare retrenchment and stalled mobility is the anchor for connecting to Mattei and broader 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; Decades of neoliberal reform reinstated the family as first-line welfare provider — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 260; Neoliberal deregulation replaced social protection with credit and indebtedness — Wendy Brown, Undoing the Demos: Neoliberalism’s…, 746 (+4 more)

Broader Connections