The Crisis of the International Capitalist Order and its Implications for the Welfare State

Abstract

This article analyzes the current crisis of the international capitalist order and its consequences for the welfare state policies of developed and underdeveloped capitalist countries. Special emphasis is given to the impact of the crisis on state health care policies in those countries. The first part discusses the response of capital and labor to the crisis, with special focus on capital's political and ideological interventions in the areas of production, consumption, and legitimation; and their realization as health care policies. The second part analyzes the major capitalist responses to the crisis—the “market” and the “social contract” strategies—and their consequences for health care policy. The last part critically evaluates the call for a new economic order and its limitations.