Question

Explain and exemplify the major differences between the Rhineland and Anglo-Saxon welfare state models in terms of decommodification and stratification

Answer 1

Answer:

The Anglo-Saxon model or Anglo-Saxon capitalism (so called because it is practiced in English-speaking countries such as the United Kingdom, the United States, Canada, New Zealand, Australia[1] and Ireland)[2] is a capitalist model that emerged in the 1970s based on the Chicago school of economics. However, its origins date to the 18th century in the United Kingdom under the ideas of the classical economist Adam Smith.

Characteristics of this model include low levels of regulation and taxation, with the public sector providing minimal services. It also means strong private property rights, contract enforcement, and overall ease of doing business as well as low barriers to free trade.

Answer 2

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