Michael Lind: More Market Means More Welfare StateRoundup: Historians' Take
tags: Michael Lind, welfare state, free market, economic history
Michael Lind is the author of Land of Promise: An Economic History of the United States and co-founder of the New America Foundation.
Few conservative misconceptions are more deeply rooted than the idea than the welfare state competes with the market for resources. In fact, modern business and the modern welfare state have grown up together –and both have grown at the expense of the family.
Before the industrial revolution, most production as well as most care-giving was performed within the farm household, by family members. You churned your own butter and you cared for your children, your elderly parents and your sick spouse at home.
Thanks to the development of machinery powered by mined or collected energy—be it coal, oil, natural gas, nuclear or renewable energy—most production has long since moved out of the household into mechanized factories. You now buy your factory-produced butter in a store.
At the same time, thanks to the mechanization of agriculture, the number of Americans working on farms has gone from 9 out of 10 around 1800 to fewer than 2 in a hundred today. The surplus labor freed from the agricultural sector by technology-driven productivity growth has been forced to find employment as wage-earners, in industry or services....
comments powered by Disqus
- Frantz Fanon and the CIA Man
- What Orwell’s ‘1984’ tells us about today’s world, 70 years after it was published
- ‘Not above the law’: Executive privilege’s contentious history from Washington to Trump
- Civil War-era flag of black regiment to be auctioned; historian says it is last of its kind
- Why No One Can Agree on What George Washington Thought About the Relationship Between Church and State
- Researchers Uncover Ancient Grape DNA That Tells the Prolific History of Wine
- Three Recent Books Examine Frederick Douglass' Legacy
- Biographer Jon Meacham, Tim McGraw explore American history in song
- The 'Counter-Textbooks' Offering Kids a Radical Look at History
- Georgia history professor’s immigration comments cause stir on social media