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 an editor and columnist at the Daily Beast.