The issue of fiscal sustainability will determine both the economic and geopolitical future of the Western civilization. The status quo of welfare states might be a huge impediment to that.
Through the adoption of the welfare state, or its more extreme form, the entitlement state, western economies took up huge financial liabilities which might hold serious questions for economic policy in the upcoming decades.
Hungarian Conservative is a bimonthly magazine on contemporary political, philosophical and cultural issues from a conservative perspective.