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Book
Pension strategies in Europe and the United States
Authors: --- ---
ISBN: 9780262062725 0262062720 9786612099434 0262272571 1282099434 1435633083 9780262272575 9781435633087 9781282099432 6612099437 Year: 2008 Publisher: Cambridge, Mass. : MIT Press,


Book
Dismantling solidarity
Author:
ISBN: 9781501708206 1501708201 9781501708190 1501708198 9780801454226 0801454220 9781501713170 1501713175 Year: 2017 Publisher: Ithaca London

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Abstract

Why has old-age security become less solidaristic and increasingly tied to risky capitalist markets? Drawing on rich archival data that covers more than fifty years of American history, Michael A. McCarthy argues that the critical driver was policymakers' reactions to capitalist crises and their political imperative to promote capitalist growth.Pension development has followed three paths of marketization in America since the New Deal, each distinct but converging: occupational pension plans were adopted as an alternative to real increases in Social Security benefits after World War II, private pension assets were then financialized and invested into the stock market, and, since the 1970s, traditional pension plans have come to be replaced with riskier 401(k) retirement plans. Comparing each episode of change, Dismantling Solidarity mounts a forceful challenge to common understandings of America's private pension system and offers an alternative political economy of the welfare state. McCarthy weaves together a theoretical framework that helps to explain pension marketization with structural mechanisms that push policymakers to intervene to promote capitalist growth and avoid capitalist crises and contingent historical factors that both drive them to intervene in the particular ways they do and shape how their interventions bear on welfare change. By emphasizing the capitalist context in which policymaking occurs, McCarthy turns our attention to the structural factors that drive policy change. Dismantling Solidarity is both theoretically and historically detailed and superbly argued, urging the reader to reconsider how capitalism itself constrains policymaking. It will be of interest to sociologists, political scientists, historians, and those curious about the relationship between capitalism and democracy.

Privatizing social security
Author:
ISBN: 0226241017 0226241025 9786611430894 1281430897 0226241823 9780226241821 9780226241012 Year: 1998 Volume: *17 Publisher: Chicago University of Chicago Press

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This volume represents the most important work to date on one of the pressing policy issues of the moment: the privatization of social security. Although social security is facing enormous fiscal pressure in the face of an aging population, there has been relatively little published on the fundamentals of essential reform through privatization. Privatizing Social Security fills this void by studying the methods and problems involved in shifting from the current system to one based on mandatory saving in individual accounts. "Timely and important. . . . [Privatizing Social Security] presents a forceful case for a radical shift from the existing unfunded, pay-as-you-go single national program to a mandatory funded program with individual savings accounts. . . . An extensive analysis of how a privatized plan would work in the United States is supplemented with the experiences of five other countries that have privatized plans." -Library Journal "[A] high-powered collection of essays by top experts in the field."-Timothy Taylor, Public Interest

Keywords

AR / Argentina - Argentinië - Argentine --- AU / Australia - Australië - Australie --- CL / Chile - Chili --- GB / United Kingdom - Verenigd Koninkrijk - Royaume Uni --- MX / Mexico - Mexique --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 368.03 --- 333.52 --- 368.43 --- 332.832 --- 336.024 --- 368.40 --- Pension trusts --- -Pension trusts --- -322.67254 --- Employee pension trusts --- Pension funds --- Pension plans --- Trusts and trustees --- Economische functie en beleggingspolitiek van de verzekeringen. --- Institutionele beleggers. --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen. --- Pensioen. Brugpensioen. --- Sociale begroting, rekeningen en uitgaven. Gezondheid. --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden. --- Cross-cultural studies --- Social security individual investment accounts --- E-books --- 322.67254 --- Pensioen. Brugpensioen --- Institutionele beleggers --- Sociale begroting, rekeningen en uitgaven. Gezondheid --- Economische functie en beleggingspolitiek van de verzekeringen --- Sociale voorzorg en verzekeringen. Sociale zekerheid: algemeenheden --- Ouderdomsverzekering. Voorbarige dood. Weduwen en wezen --- United States --- Pension trusts - Cross-cultural studies. --- Pension trusts - United States. --- social security, retirement, finance, privatization, reform, investment, nonfiction, saving, individual accounts, pension trusts, chile, australia, mexico, argentina, united kingdom, england, administrative costs, public, private, government, policy, income, aging, employment, labor, personal financial decisions, taxation, mandate, economics, economy, budget.

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