Nicholas Rescher examines the controversial social issue of the welfare state, and offers philosophical thoughts on the limits and liabilities of government and society. Questioning some of the principal assumptions of democratic theory and classical liberalism, Rescher theorizes that the current system is not a be-all end-all, but rather a necessity with limited scope that will ultimately fail to achieve its objectives. He further purports that the welfare state must be a transitional phase to a more affluent postindustrial society-a satisfying (...) life, rather than an adequate one. (shrink)