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The two papers that make up the core of this book address what is perhaps the most fundamental question in the current debate over Social Security: whether to shift, in part or even entirely, from today's pay-as-you-go system to one that is not just funded but also privatized in the sense that individuals would retain control over the investment of their funds and, therefore, personally bear the associated risk. John Shoven argues yes, Henry Aaron no. Theoretical issues such as the likely effects on saving behavior and capital formation figure importantly in this discussion. But so do a broad array of practical considerations such as the expense of fund management and accounting, questions about how the public would regard the fairness of any new system, and the impact of recent developments in the federal budget and the U.S. stock market.The book also includes responses to both papers by four prominent economists--Robert J. Barro and David M. Cutler, of Harvard University; Alicia H. Munnell, of Boston College; and James Tobin, of Yale University--as well as Henry Aaron's and John Shoven's replies. The introductory remarks are by Benjamin M. Friedman.

Social security --- Privatization --- Congresses. --- POLITICAL SCIENCE --- Public Policy / Social Security --- 36 <73> --- 35.078 --- Maatschappelijk werk--Verenigde Staten van Amerika. VSA. USA --- Vormen van overheidsbemoeing. Opheffing van overheidstussenkomst. Privatisering --- 35.078 Vormen van overheidsbemoeing. Opheffing van overheidstussenkomst. Privatisering --- 36 <73> Maatschappelijk werk--Verenigde Staten van Amerika. VSA. USA --- Denationalization --- Privatisation --- Contracting out --- Corporatization --- Government ownership --- SOCIAL SCIENCES/Political Science/Public Policy & Law --- Social security - United States - Congresses. --- Privatization - United States - Congresses.

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Some have claimed that "War is too important to be left to the generals," but P. W. Singer asks "What about the business executives?" Breaking out of the guns-for-hire mold of traditional mercenaries, corporations now sell skills and services that until recently only state militaries possessed. Their products range from trained commando teams to strategic advice from generals. This new "Privatized Military Industry" encompasses hundreds of companies, thousands of employees, and billions of dollars in revenue. Whether as proxies or suppliers, such firms have participated in wars in Africa, Asia, the Balkans, and Latin America. More recently, they have become a key element in U.S. military operations. Private corporations working for profit now sway the course of national and international conflict, but the consequences have been little explored.In Corporate Warriors, Singer provides the first account of the military services industry and its broader implications. Corporate Warriors includes a description of how the business works, as well as portraits of each of the basic types of companies: military providers that offer troops for tactical operations; military consultants that supply expert advice and training; and military support companies that sell logistics, intelligence, and engineering.This updated edition of Singer's already classic account of the military services industry and its broader implications describes the continuing importance of that industry in the Iraq War. This conflict has amply borne out Singer's argument that the privatization of warfare allows startling new capabilities and efficiencies in the ways that war is carried out. At the same time, however, Singer finds that the introduction of the profit motive onto the battlefield raises troubling questions-for democracy, for ethics, for management, for human rights, and for national security.

Defense industries --- Military-industrial complex --- Privatization --- huurlingenorganisatie --- 35.078 --- 328.182:355 --- -Military-industrial complex --- -35.078 --- 855.2 Private actoren --- Industrial-military complex --- Armaments industries --- Arms sales --- Military sales --- Military supplies industry --- Munitions --- Sale of military equipment --- Vormen van overheidsbemoeing. Opheffing van overheidstussenkomst. Privatisering --- Militairindustrieel complex. Oorlogsindustrie als pressie. Military-industrial complex --- 328.182:355 Militairindustrieel complex. Oorlogsindustrie als pressie. Military-industrial complex --- 35.078 Vormen van overheidsbemoeing. Opheffing van overheidstussenkomst. Privatisering --- Industries --- Arms transfers --- United States --- Military policy. --- Polemology --- Defense industries - United States --- Military-industrial complex - United States --- Privatization - United States --- United States of America --- Defense industries. --- Military-industrial complex. --- Privatization.