<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The neo-authoritarian “Trump Era”-induced political problems have been aggravated further by the coronavirus that triggered an economic slowdown. The new landscape put Western capitalism, international cooperation, and European integration at risk. This contribution shows similarities and differences in policies dealt with the recessions of 2008 and 2020 on both sides of the Atlantic, with a focus on the EU and Canada. It examines the rising popularity of the welfare state concept applied both to individuals and industries particularly in the EU, for which the protection of citizens’ well-being and solidarity values are at the bloc integration’s core. Ideologically opposing solutions for those crises reflect a fundamental shift in policymaking, reinforcing state interventions policies vs neoliberal approach to the extent of intensified discussions of a universal basic income notion as a response to the inequalities. The article highlights the need for multi – and cross-disciplinary approaches, benefiting policymaking.</p>
</abstract>

The neo-authoritarian “Trump Era”-induced political problems have been aggravated further by the coronavirus that triggered an economic slowdown. The new landscape put Western capitalism, international cooperation, and European integration at risk. This contribution shows similarities and differences in policies dealt with the recessions of 2008 and 2020 on both sides of the Atlantic, with a focus on the EU and Canada. It examines the rising popularity of the welfare state concept applied both to individuals and industries particularly in the EU, for which the protection of citizens’ well-being and solidarity values are at the bloc integration’s core. Ideologically opposing solutions for those crises reflect a fundamental shift in policymaking, reinforcing state interventions policies vs neoliberal approach to the extent of intensified discussions of a universal basic income notion as a response to the inequalities. The article highlights the need for multi – and cross-disciplinary approaches, benefiting policymaking.

A Tale of Two Recipes: Well-being Policy Comes to the Western Capitalism Rescue in the (Post-) Trump and (Post-) COVID-19 Era

researcher and educator with the Centre for European Studies at Carleton University

European Studies

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

The neo-authoritarian “Trump Era”-induced political problems have been aggravated further by the coronavirus that triggered an economic slowdown. The new...

A Tale of Two Recipes: Well-being Policy Comes to the Western Capitalism Rescue in the (Post-) Trump and (Post-) COVID-19 Era

Published Online: Apr 19, 2023

Page range: 19 - 44

DOI: https://doi.org/10.2478/eustu-2022-0045

Keywords
Covid-19, state intervention, neoliberalism, welfare, integration, media

© 2020 Tatjana Muravska et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

A Tale of Two Recipes: Well-being Policy Comes to the Western Capitalism Rescue in the (Post-) Trump and (Post-) COVID-19 Era

Published Online: Apr 19, 2023

Page range: 19 - 44

DOI: https://doi.org/10.2478/eustu-2022-0045

KeywordsCovid-19, state intervention, neoliberalism, welfare, integration, media

© 2020 Tatjana Muravska et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Covid-19, state intervention, neoliberalism, welfare, integration, media