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The people's pension : the struggle to defend Social Security since Reagan  Cover Image Book Book

The people's pension : the struggle to defend Social Security since Reagan / Eric Laursen.

Laursen, Eric. (Author).

Summary:

This book explores the potential benefits of a government-independent, democratized Social Security system to support dependents suffering from the reduction of other government benefits. It provides essential ammunition against the theft of our golden years by pundits, "free" marketeers, and bureaucrats. Social Security, not for nothing do politicians call it the "third rail of American politics, touch it, and you die." Yet a powerful, well-funded movement to phase out Social Security or even privatize it has been gathering strength since the election of Ronald Reagan. Each time it comes close to succeeding, it has beaten back by a coalition of labor, grassroots organizers, and the elderly. Meanwhile, Social Security has only become more vital to retirees and their families as the federal and state governments slash other benefits and services, a trend that has grown ever more troubling in recent years. This book is both groundbreaking history and an eye-opening guide for anyone concerned about one of the biggest issues of our times. With 95 percent of Americans participating in the program either as beneficiaries or through their payroll tax contributions, Social Security is quite literally the glue that binds Americans together as a community. In its epilogue, the author argues to democratize, not disable, the program, suggesting that the only solution for Social Security may be to de-link it from government altogether.

Record details

  • ISBN: 9781849351010 (pbk. : acid-free paper)
  • ISBN: 1849351015 (pbk. : acid-free paper)
  • Physical Description: xii, 818 p. : ill. ; 23 cm.
  • Publisher: Oakland, CA : AK Press, c2012.

Content descriptions

Bibliography, etc. Note:
Includes bibliographical references (p. [727]-783) and index.
Formatted Contents Note:
Social Security and the Reagan revolution (1981-83). A new deal ; "A despicable thing" ; The "third rail" of American politics ; "Waiting for the commission" ; The compromise of 1983 -- The movement against Social Security is born (1983-94). Making the case ; "Generational equity" ; The war against the geezers ; The anti-deficit obsession ; The struggle for austerity ; Bob Kerrey gets his pulpit ; Tax cuts and magic bullets -- Selling privatization (1994-96). "Just about unanimous" ; Privatization repackaged ; Wall Street enlists ; "What's in it for me?" ; Scary numbers ; The "intergenerational chain letter" ; Modest proposals ; Chile's pension revolution -- Mating dance (1996-99). The pension revolution comes home ; "Save social security first" ; The debate hits the road ; Democratic backlash ; "So surreal you wouldn't believe it" ; The unbridgeable gulf ; Washington politics and public opinion -- The Social Security election (1999-2000). The politics of prosperity ; Bush vs. Gore ; The road to Florida -- The ownership society (2001-05). The vanishing surplus ; A zero-to-one shot ; The Bush Commission punts ; Guns and butter ; Reaching for a mandate ; Karl Rove's dream ; Bush rolls the dice ; "We need public pressure" ; Propaganda and politicization ; A tipping point ; The Republican debacle -- Back to austerity (2006-11). "No one is talking anymore about a 'permanent Republican majority'" ; The rebirth of the pain caucus ; Obama vs. McCain ; Obama stumbles ; The deficit commission ; The return to austerity ; The retirement crisis.
Subject: Social security > United States > History > 20th century.
Privatization > United States > History > 20th century.
Neoliberalism > United States > History > 20th century.
Social security > Political aspects.
Social security > Economic aspects.
Social security > Psychological aspects.
Retirement income > United States.

Available copies

  • 1 of 1 copy available at Kirtland Community College.

Holds

  • 0 current holds with 1 total copy.
Show Only Available Copies
Location Call Number / Copy Notes Barcode Shelving Location Status Due Date
Kirtland Community College Library HD 7125 .L38 2012 30775305446081 General Collection Available -

Syndetic Solutions - Summary for ISBN Number 9781849351010
The People's Pension : The Struggle to Defend Social Security since Reagan
The People's Pension : The Struggle to Defend Social Security since Reagan
by Laursen, Eric
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Summary

The People's Pension : The Struggle to Defend Social Security since Reagan


"Readers mystified by the yawning gulf between public opinion and current political discussion might benefit from the background provided in Eric Laursen's magisterial history, 'The People's Pension: The Struggle to Defend Social Security Since Reagan' The book offers more than 800 pages of fascinating if gory details about the lobbying efforts and misinformation campaigns aimed at bringing the program down."--Nancy Folbre, NYTimes Economix Blog "Laursen has given us a comprehensive account of the three decade long war against Social Security. . . . This is a fascinating history that progressives must learn, not only to protect Social Security but also to understand the dynamics behind an effective long-term strategy."--Dean Baker, author of False Profits: Recovering From the Bubble Economy "This magnificent history documents the hydra-headed campaign to cut and kill Social Security, conducted over decades by rightwing bankers, foundations, economists, and politicians. [ The People's Pension ] is utterly urgent."--James K. Galbraith, author of The Predator State The People's Pension is both groundbreaking history and an indispensable guide for anyone concerned about one of the biggest issues in the upcoming election. With 95 percent of Americans participating in the program either as beneficiaries or through their payroll tax contributions, Social Security is quite literally the "glue" that binds Americans together as a community. Yet in the aftermath of the debt reduction deal between Barack Obama and congressional Republicans, the 2012 election promises to be a kind of referendum on the size and role of government--including economic support programs like Social Security. Arguing to democratize, not disable, the program, Eric Laursen suggests that the only solution for Social Security is taking it out of the government's hands altogether. Eric Laursen is an independent financial and political journalist, activist, and commentator. The co-founder and former managing editor of Plan Sponso r, a magazine for pension fund executives, Laursen is also the co-author of Understanding the Crash (2010). His work has appeared in a wide variety of publications, including The Huffington Post, The Nation , Institutional Investor , The Village Voice , and Investment Dealer's Digest .

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