Ebook: Shared responsibility, shared risk : government, markets and social policy in the twenty-first century
Author: Hacker Jacob S., O'Leary Ann
- Tags: Economic security, United States, Public welfare, United States, United States, Social policy, 1993-, United States, Economic policy, 2009-, Economic policy, Economic security, Public welfare, Social policy, United States
- Year: 2012
- Publisher: Oxford University Press
- City: New York,
- Edition: 1
- Language: English
- pdf
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 Read more...
Abstract: 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 elec