Description
Book SynopsisIn this institutional history, Sass explores the evolution of the financial support system that now commands trillions of dollars of investment capital and supports hundreds of thousands of older Americans. He traces the pension system to the present, exploring how our modern corporate economy is confronting the challenges of an aging population.
Trade ReviewStephen Sass tells his complex story well...His institutional account is richly documented with archival materials and interviews with key actors in the arena...With
The Promise of Private Pensions, economic and social historians as well as gerontologists now have a case study of US institutions that is a worthy complement to Leslie Hannah's
Inventing Retirement: The Development of Occupational Pensions in Britain. -- W. Andrew Achenbaum * American Studies [UK] *
Table of ContentsIntroduction: Setting the Problem Pensions and Capitalism Business Finds an Interest The Logic of Pension Expansion The Hard Actuarial Realities The Public Character of Private Pensions A Tale of Two Classes The Pension Industry Reorganizes ERISA and the Reformation of Pensions Epilogue: Pensions and Post-Industrial Capitalism Notes Index
