Description
Book SynopsisIn this fascinating and provocative book, David Willetts shows how the baby boomer generation has amassed unprecedented wealth and power at the expense of its children. Today's young people will pay heavier taxes, work longer hours for less money and live in a vastly degraded environment in order to pay for their parents' quality of life.
Worried about the world they are passing on to their children, baby boomers are taking note. But are they willing to make the sacrifices necessary for a more equal distribution of wealth and assets? The Pinch is an insightful look at one of the most pressing issues facing Britain today; this fully revised and updated edition is essential reading for parents and policymakers alike.
Trade ReviewThis is a wonderful, thought-provoking book, and is something of a tour de force...The implications of his argument are profound. * Financial Times *
Mr Willetts's book lucidly explains how this unsuitable situation came about through the interaction of demographics, economics and electoral politics. * The Times *
The Pinch is both a treasure trove of elegantly harvested statistics and a tremendous syhthesis of social analyses, culled from half a lifetime's study of economic and philosophical thought. -- Dominic Lawson * Sunday Times *
Table of Contents0: Introduction to the First Edition 1: Who We Are 2: Breaking Up 3: The Baby Boom 4: Spending the Kids' Inheritance 5: The Social Contract 6: Ages and Stages 7: Why Bother About the Future? 8: What Governments Do 9: Time for Childhood 10: Education and Social Mobility 11: Houses and Jobs: Generation Crunch 12: 3G
