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The Three Worlds of Welfare Capitalism

The Three Worlds of Welfare Capitalism is a framework that categorizes different national approaches to social welfare. It includes: 1. **Liberal Model** (e.g., the US, UK): Emphasizes minimal state intervention, often means-tested aid, and encourages individual responsibility. Welfare benefits are modest and targeted. 2. **Conservative-Corporatist Model** (e.g., Germany, France): Maintains existing social hierarchies, with benefits linked to employment and family status, supporting social stability through moderate state involvement. 3. **Social Democratic Model** (e.g., Sweden, Norway): Prioritizes universal coverage, generous benefits, and extensive public services to promote equality and social cohesion. Each reflects different values and policies shaping welfare systems.