The slow death of welfare capitalism.

The slow death of welfare capitalism.

Commentary about business and finance.
Sept. 23 2004 4:37 PM

Goodbye, Pension. Goodbye, Health Insurance. Goodbye, Vacations.

Welfare capitalism is dying. We're going to miss it.

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The more welfare capitalism declines, the more the federal government will have to fill the gap, and the more America will look like Europe.

Daniel Gross is a longtime Slate contributor. His most recent book is Better, Stronger, Faster. Follow him on Twitter.

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