The welfare state is the optimal economic system in terms of living standard, social justice, and economic performance. We owe it to ourselves to create one. Social Democracy is inherently superior in its performance because it:
1: Makes use of those human assets which would otherwise go unused.
2: Avoids the problems associated with huge wealth inequalities such as pollution, crime, and violence.
While there are naysayers who have been taught to believe that a decent and functioning welfare state is a source of unemployment, this does not need to be so. Active Labor Market Policies can curb and correct this. In fact, everything can be corrected, or at least mitigated.
What are these policies?.....They involve subsidizing hiring and work.