Abstract
Let us admit, at the outset, that the Welfare State, conjuring up an image of democracy and socialism in equal measure, is a superficially attractive proposition. We have it on the authority of Labour and the New Society, the British Labor Party's most recent policy statement (October 1950), that the Welfare State aims at public control of industry, through nationalization and "planning the private sector"; and that it seeks to insure to the people certain basic rights, including peace, work, democracy, and "the tull fruits of their industry."This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.
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