What is the social care economy?
Welfare Economics is a discipline of study that focuses on a fair assignment of resources as a means to achieve the highest degree of good or well -being for all involved. The concept of this type of economic activity claims that by managing the division of these resources to the best effect, it is possible to improve the overall status of social well -being of the community, nation or group of nations. This approach to social justice requires the use of consumer surplus to ensure that each individual has a decent standard of living that is similar to the standards that others have in the community.
One of the tools used to analyze the social care economy is the Lorenz curve. The curve is usually presented in the form of a graph and takes into account factors, such as the percentage of income owned by the poorer community class compared to the percentage of income owned by richer classes. After the chart, the data shows the amount of differences in the community wealth distribution. This simple and oneThe calculation allows you to quickly determine the degree of disparity, which prepares a way for a dialogue on how to redistribute this wealth and reduce the current level of disparity.
The aim of this analysis is to find out what is a parent efficiency in the economy. In other words, the aim of the social security economy is to achieve balance, where the circumstances of one individual or group worsen by improving the circumstances for anyone else within the community. In order to achieve the effectiveness of the pareto, the methods used would have to ensure that the standard of living remains the same or improved for the whole community. No one in the community is experiencing a reduction in living standards as a result of redistribution of income or wealth.
as a bridge of economic strategy, social care economy has its supporters and its critics. Those who support a general concept point to this more efficient use of available resources as a means to remove CHudoby and ensuring that everyone in society has a chance to participate in community economic development. This support would take the form of job opportunities and functioning as active consumers for goods and services produced by industries within the community. Detectives see the economy of social care as an extreme expression of social security, in which they are rich responsible for maintenance of the poor, which effectively undermines the concepts of capitalism and business spirit. The idea is that without motivating to create new business enterprises that generate a large income for owners, the economy is stagnating because people are content with the current situation and do not inner strengthening the current goods and services or invent new goods or invent new goods goods.