The Economist When William Beveridge invented the welfare state in Britain in the 1940s, he sought to slay the “five giants”: ...

Rich welfare states promise security from cradle to grave, but that promise becomes harder to keep when large inflows of people arrive faster than economies and institutions can adjust. The political ...

Swedish social democracy produced one of the most humane societies in history. That wouldn’t have happened without a militant labor movement and a working-class political party.

The United States is traditionally considered the antithesis of socialism. For decades, our country has represented free market capitalism at its brightest — starkly contrasting our perceptions of ...