I came from the other end wherein I believed social safety net and welfares breeds parasitic behavior. But now I've come to believe the benefits of those programs outweigh the negative aspect where a section may starts taking undue advantage of it.
In the absence of such safety nets, I think people will go for more safer bets which make them financially stable as opposed to riskier bets which may bring innovation but could also endanger their livelihood.
In the absence of such safety nets, I think people will go for more safer bets which make them financially stable as opposed to riskier bets which may bring innovation but could also endanger their livelihood.