Meaning of welfarism | Babel Free

Definitions

1. An axiology or ethical theory in which value is determined by the well-being (e.g., happiness) of people or other sentient beings.
   uncountable
2. The belief in or support for a welfare state.
   derogatory, rare, uncountable

Equivalents

Examples

“More precisely, Kaplow and Shavell (2001) have⟳ shown that the Pareto principle does not hold⟳ when the planner departs from welfarism, i.e., when the [social welfare function] does not only include⟳ the agents’ utility.”

“So, I think⟳ we have⟳ way too much compromise, and we need⟳ to define⟳ what we believe⟳ in. We either believe⟳ in welfarism and socialism and big government, or we believe⟳ in liberty and limited government and in the Constitution.”

CEFR level