welvaarts
Welvaarts is a Dutch term that is commonly translated as welfare or prosperity. In everyday usage it denotes the level of prosperity and social well-being in a society, including material wealth, health, education, security, and access to services. The concept is closely linked to the idea of welvaartsstaat or welfare state, where public policy aims to distribute resources and provide social protection to reduce poverty and inequality while fostering economic growth.
Historically, welvaarts gained prominence in the 20th century as governments expanded social insurance, universal healthcare, pensions,
Policy approaches to welvaarts vary. In welfare-state models, public programs redistribute income and provide universal services.
Contemporary challenges to welvaarts include aging populations, automation, globalization, and environmental risks. Critics argue that welfare