welfarism
English
Etymology
Noun
welfarism (uncountable)
- (philosophy) An axiology or ethical theory in which value is determined by the well-being (e.g., happiness) of people or other sentient beings.
- 2025, François Le Grand, Xavier Ragot, Diego Rodrigues, “The Welfare of Nations: Social Preferences and the Macroeconomy”, in CEPR Discussion Papers, number 19847, page 13:
- 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.
- (rare, derogatory) The belief in or support for a welfare state.
Derived terms
Translations
belief in or support for a welfare state
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