Welfare and Efficiency

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Welfare and Efficiency

By Theodore Geiger
National Planning Association, 1978
152 pp. $7.00
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Government provision of social services and the maintenance of income and job security for workers can contribute to productivity as well as equity. But at some point efficiency is likely to become impaired and concern for welfare becomes a force for protection against foreign competition. This interesting book traces this complex process in Germany, Britain, the Netherlands and the Scandinavian countries, and views with some alarm the possible effect of different forms of worker participation in management and ownership. The conclusions point to an OECD effort to comprehend the problems more thoroughly and reduce the risk of friction between the U.S. and Western Europe by understanding about subsidies, investment and the need for faster growth.

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