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Shared Responsibility, Shared Risk - Government, Markets and Social Policy in the Twenty-First Century (Paperback)
Loot Price: R955
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Shared Responsibility, Shared Risk - Government, Markets and Social Policy in the Twenty-First Century (Paperback)
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The collapse of the financial markets in 2008 and the resulting
'Great Recession' merely accelerated an already worrisome trend:
the shift away from an employer-based social welfare system in the
United States. Since the end of World War II, a substantial
percentage of the costs of social provision--most notably,
unemployment insurance and health insurance--has been borne by
employers rather than the state. The US has long been unique among
advanced economies in this regard, but in recent years, its social
contract has become so frayed that is fast becoming unrecognizable.
Despite Obama's election, the burdens of social provision are
falling increasingly upon individual families, and the situation is
worsening because of the unemployment crisis. How can we repair the
American social welfare system so that workers and families receive
adequate protection and, if necessary, provision from the ravages
of the market?
In Shared Responsibility, Shared Risk, Jacob Hacker and Ann O'Leary
have gathered a distinguished group of scholars on American social
policy to address this most fundamental of problems. Collectively,
they analyze how the 'privatization of risk' has increased
hardships for American families and increased inequality. They also
propose a series of solutions that would distribute the burdens of
risks more broadly and expand the social safety net. The range of
issues covered is broad: health care, homeownership, social
security and aging, unemployment, wealth (as opposed to income)
creation, education, and family-friendly policies. The book is also
comparative, measuring US social policy against the policies of
other advanced nations. Given the current crisis in America social
policy and the concomitant paralysis within government, the book
has the potential to make an important intervention in the current
debate.
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