Corporate Welfare Policy and the Welfare State: Bank Deregulation and the Savings and Loan Bailout (Social Institutions and Social Change) (Social Institutions and Social Change)

Corporate Welfare Policy and the Welfare State: Bank Deregulation and the Savings and Loan Bailout (Social Institutions and Social Change) (Social Institutions and Social Change)

Editorial Reviews
Book Description
The 1990s have been marked by a renewed vigor in debates concerning reforming and reducing the size and scope of the United States welfare state, an approach that critics have described as attempts to dismantle the welfare state. The question of whether or not we have been witnessing an attack against the welfare state hinges on how we conceptualize welfare policy. Only when we redefine the welfare state as a conception of both social and corporate welfare can we see the expansion of the welfare state in recent decades.

An examination of the savings and loan crisis and subsequent bailout reveals that the welfare state is a dynamic process: the bailout is an extension of a larger process of state projects for economic intervention that began with banking regulation following the Great Depression of the 1930s, and continued with the Chrysler bailout legislation in 1979 and the Garn-St. Germain Act of 1982, which deregulated the banking industry .

In viewing the welfare state as a power process involving shifts in relative emphases on corporate and social welfare policies and expenditures, this book provides both central case studies and a new conceptual framework for policy debates on "welfare as we know it."

Corporate Welfare Policy and the Welfare State: Bank Deregulation and the Savings and Loan Bailout (Social Institutions and Social Change) (Social Institutions and Social Change),Davita Glasberg,Dan Skidmore,Aldine Transaction,0202305627,Banks and banking,Business / Economics / Finance,Business/Economics,Deregulation,Finance,Government policy,Savings and loan associations,United States,Corporate finance,Welfare & benefit systems

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