The aims of the original Beveridge Report are often misinterpreted. We need to return to the principle that the welfare state is a safety net. No welfare system can create a perfectly equal society or solve every social problem. The best way to reduce inequality is by removing the regulations that often create it, from restrictions that prevent the young from being hired to planning laws that drive up house prices. We should reform our tax and welfare system to remove perverse incentives that penalise work, parenthood and saving. An ageing population will require us all to save more for our own pension and social care.
KeywordsWelfare State Social Care Welfare System Pension System Private Saving
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