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Dismantling Solidarity : Capitalist Politics and American Pensions since the New Deal /
"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 an...
| Autor principal: | |
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| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
London :
ILR Press, An imprint of Cornell University Press,
2017.
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| Colección: | Book collections on Project MUSE.
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| Temas: | |
| Acceso en línea: | Texto completo |
MARC
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| 020 | |z 9780801454226 | ||
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| 040 | |a MdBmJHUP |c MdBmJHUP | ||
| 100 | 1 | |a McCarthy, Michael A., |d 1979- |e author. | |
| 245 | 1 | 0 | |a Dismantling Solidarity : |b Capitalist Politics and American Pensions since the New Deal / |c Michael A. McCarthy. |
| 264 | 1 | |a London : |b ILR Press, An imprint of Cornell University Press, |c 2017. | |
| 264 | 3 | |a Baltimore, Md. : |b Project MUSE, |c 2017 | |
| 264 | 4 | |c ©2017. | |
| 300 | |a 1 online resource (240 pages). | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 505 | 0 | |a The retirement puzzle -- Capitalist crisis and pension insecurity -- Reconversion and the origin of bargained plans -- Turning labor into finance capital -- Toward the 401(k) ownership society -- Conclusions. | |
| 520 | |a "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."--Provided by publisher. | ||
| 588 | |a Description based on print version record. | ||
| 650 | 7 | |a Pensions |x Economic aspects. |2 fast |0 (OCoLC)fst01057098 | |
| 650 | 7 | |a Pension trusts. |2 fast |0 (OCoLC)fst01057041 | |
| 650 | 7 | |a Industrial relations. |2 fast |0 (OCoLC)fst00971609 | |
| 650 | 7 | |a POLITICAL SCIENCE |x Public Policy |x Social Services & Welfare. |2 bisacsh | |
| 650 | 6 | |a Relations industrielles |z États-Unis |x Histoire. | |
| 650 | 6 | |a Pensions |x Aspect economique |z États-Unis. | |
| 650 | 6 | |a Pensions |x Aspect politique |z États-Unis. | |
| 650 | 0 | |a Industrial relations |z United States |x History. | |
| 650 | 0 | |a Pension trusts |z United States. | |
| 650 | 0 | |a Pensions |x Economic aspects |z United States. | |
| 650 | 0 | |a Pensions |x Political aspects |z United States. | |
| 651 | 7 | |a United States. |2 fast |0 (OCoLC)fst01204155 | |
| 655 | 7 | |a History. |2 fast |0 (OCoLC)fst01411628 | |
| 655 | 7 | |a Electronic books. |2 local | |
| 710 | 2 | |a Project Muse. |e distributor | |
| 830 | 0 | |a Book collections on Project MUSE. | |
| 856 | 4 | 0 | |z Texto completo |u https://projectmuse.uam.elogim.com/book/51861/ |
| 945 | |a Project MUSE - Custom Collection | ||
| 945 | |a Project MUSE - 2017 Complete | ||
| 945 | |a Project MUSE - 2017 Political Science and Policy Studies | ||