“The social insurance model is also inadequate in meeting the new risk structure because, almost by deﬁnition, it secures […] the stably employed — while excluding those at the fringes. It deepens, in other words, the divide between insiders and outsiders. In Europe, unemployment is concentrated among youth who often have no social entitlements. The tragedy of European youth is that it can easily face the double ‘failure’ of market and welfare state. In Southern Europe, the main solution remains familial. In Italy, among the unemployed 20–30year-olds, 90 per cent depend totally on parental support”.
G. Esping-Andersen, Why we need a new welfare state, 2002.
T. Padoa-Schioppa, Ministro dell’Economia nel governo Prodi II, 2007.