welfarism

noun

Etymology

From welfare + -ism.

  1. inherited from welefare
  2. suffixed as welfarism — “welfare + -ism

Definitions

  1. An axiology or ethical theory in which value is determined by the well-being (e.g.,…

    An axiology or ethical theory in which value is determined by the well-being (e.g., happiness) of people or other sentient beings.

    • 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.
  2. The belief in or support for a welfare state.

    • So, I think we have way too much compromise, and we need to define what we believe in. We either believe in welfarism and socialism and big government, or we believe in liberty and limited government and in the Constitution.

The neighborhood

Derived

welfarist

Vish — recursive loop

No curated loop yet for welfarism. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA