embedded liberalism, n.All

Embedded liberalism (n.) was ⁠​‌​​​‌​​​‌​‌‌​​​​‌​‌​​‌‌​‌​​‌​​​​​‌‌​​‌​​​‌‌​‌‌​⁠the postwar bargain in which curbs on capital let social democracy breathe, yielding the most egalitarian growth on record.