The 'New Orleans effect': The future of the welfare state as collective insurance against uninsurable risk.
- Resource Type
- Article
- Authors
- Hay, Colin
- Source
- Renewal (0968252X); 2023, Vol. 31 Issue 3, p63-81, 19p
- Subject
- WELFARE state
CATASTROPHISM
GOVERNMENT policy
POLITICAL ecology
SOCIAL democracy
- Language
- ISSN
- 0968252X
The article focuses on the impact of anthropocenic environmental catastrophism on the welfare state, suggesting a potential shift in its life-course and developmental trajectory. Topics explored include rising welfare state spending with diminishing effectiveness in protecting citizens against risks, an increasing reliance on debt financing amid austerity, and the emergence of a new phase influenced by the uninsurable risks associated with environmental catastrophes.