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A
political system defended by contemporary liberals. In this
regime free functioning of market is allowed at the stages
of production and consumption, but the state interferes in
the economic process at the stage of distribution of goods
to protect those who are not able to earn enough for their
living. Mechanism which the state uses to attain this aim
is (mainly progressive) taxation of those who earn and posses
a lot and transfer of so collected resources to the poor.
Such a transfer may take a form of direct monetary help to
the those who do not earn enough or could be given as in-kind
provision. The latter means that the poor are given free or
subsidized access to certain essential services such as: housing,
medical care, education, etc. This redistribution of property
may be more or less comprehensive. That is, the state can
aim only at satisfaction of everyone's basic needs or it can
try to secure much higher level of welfare to all its citizens.
It is usually advocated that the state should take as much
as it can from the rich and stop with redistribution of wealth
only at point when it endangers economic productivity. There
are several types of welfare state.
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