Ebook: Age Shock: How Finance is Failing Us

Title; Dedication; Copyright; Contents; Preface to the Paperback Edition; Introduction: The Need for a New Collectivism; The Grey Wave; Overall Pension Needs; Questioning the Anglo-Saxon Model; Chapter 1: The New Life Course: Its Shape and Costs; The Debt Generation; Old Age Poverty and the â#x80;#x98;Risk Shiftâ#x80;#x99;; The Third Age; Crisis, What Crisis?; Raising the Birth Rate; Pension Costs as a Share of GDP; Chapter 2: The Divided Welfare State and the River of Time; The Puritan and the Baroque; The Option for Pay-As-You-Go; The Divided Welfare State; Generational Arbitrage; Frailty and Free Time;Most countries face the future with an ageing population, yet most governments are cutting back on pensions and the care services needed by the elderly. Robin Blackburn exposes the perverse reasoning and special interests which have combined to produce this nonsensical state of affairs. This updated paperback edition of Age Shock includes a new preface explaining why the credit crunch and eurozone crisis have had such a devastating impact and outlining a way to guarantee decent pensions and care provision.