The neoliberal reforms we have witnessed over the past decades are no doubt pernicious. The downfall of the welfare state, however, is due not only to neoliberal ideology but also to the general reliance on the generation of capital wealth, which makes the welfare state hostage to economic crises.
Martin Hägglund • This Life: Secular Faith and Spiritual Freedom
Better, perhaps we can trade a large reduction in the taxation of savings and investment so that more people don’t need social security as a transfer program. The big social security reform should focus on making it financially possible for late middle age Americans to continue to work. Fix the incentives and you fix the money.
Tax talk
housands of economists and policy experts in the US currently debate how to keep Social Security and Medicare solvent, and more broadly how to keep down the cost of healthcare (which is mostly consumed by those over 70 and especially those with terminal illnesses such as cancer). The situation for these programs is likely to be radically improved i... See more