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In The Great Risk Shift, Jacob S. Hacker lays bare this unsettling new economic climate, showing how it has come about, what it is doing to our families, and how we can fight back. Behind this shift, he contends, is the ʺpersonal responsibility crusade, ʺ eagerly embraced by corporate leaders and Republican politicians who speak of a nirvana of economic empowerment, an ʺownership societyʺ in which Americans are free to choose. But as Hacker reveals,...
Description
How can the American social welfare system be repaired so that workers and families receive adequate protection and, if necessary, provision from the ravages of the market? This book addresses this fundamental problem and analyses how the 'privatization of risk' has increased hardships for American families and increased inequality. It also proposes a series of solutions that would distribute the burdens of risks more broadly and expand the social...
Author
Description
Every day our economy grows more and more unlike the one we used to know. Twenty years ago, best-selling economist John Kenneth Galbraith predicted that America's giant corporations would dominate world markets through integration and long-term planning. But the Fortune 500 took a beating and became the prime targets for the headlines of the 1980s: bailout, divestiture, takeover, and collapse. John Case, author of Understanding Inflation, looks beyond...
Description
"Focuses on three key criteria for fostering broadly shared economic growth: enhancing economic security, building a highly skilled work force, and reforming the tax system. Proposals include reforming unemployment insurance, improving incentives for retirement saving, building quality into each level of education, and simplifying taxation and making it more progressive"--Provided by publisher.
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