Labor's Capital: The Economics and Politics of Private Pensions
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Book Overview
Why are pension funds so large and benefits so small? This examination of the 120-year-old American systems of privatized social insurance - often called, at 1.7 trillion dollars, the biggest lump of money in the world - reveals that the system fails to provide adequate retirement income security, its most prominent goal, and, in fact, its greatest influence is in supplying funds to U.S. capital markets.
Format:Hardcover
Language:English
ISBN:0262071398
ISBN13:9780262071390
Release Date:June 1992
Publisher:MIT Press (MA)
Length:213 Pages
Weight:1.10 lbs.
Dimensions:0.8" x 6.1" x 9.1"
Age Range:22 years and up
Grade Range:Postsecondary and higher
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