Age Shock and Pension Power How Finance is Failing Us

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  • Engels
  • Hardcover
  • 9781844670130
  • 27 november 2006
  • 160 pagina's
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Samenvatting

The last few years have shown how badly the financial services industry performs as a custodian of savings and pension funds. The skimming of US mutual funds, the see-saw of the stock markets, and a string of business scandals from Enron to Parmalat have wiped billions from the savings of employees on both sides of the Atlantic. They have also exposed the absence of responsibility at the heart of what Robin Blackburn calls grey capitalism. In this short and pithy book, Blackburn takes forward the argument of his acclaimed Banking on Death and explains why attempts to meet the costs of the ageing and learning society through a proliferation of financial products are doomed to fail and have a host of unfortunate side-effects. In fact financial engineering, as it is called, has allowed corporations to escape taxation while allowing a new breed of chief executive to accumulate extravagant fortunes at the expense of shareholder and employee alike. The author does not just expose problems, however; he also explores solutions. Blackburn identifies new sources of pension finance...especially ways of ensuring that corporations make a real contribution...and sketches the shape of a progressive and responsible pension fund regime, embracing all citizens and accountable to them.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Hardcover
Oorspronkelijke releasedatum
27 november 2006
Aantal pagina's
160
Illustraties
Nee

Betrokkenen

Hoofdauteur
Robin Blackburn
Hoofduitgeverij
Verso Books

Overige kenmerken

Editie
New title
Extra groot lettertype
Nee
Studieboek
Ja
Verpakking breedte
140 mm
Verpakking hoogte
191 mm
Verpakking lengte
191 mm
Verpakkingsgewicht
658 g

EAN

EAN
9781844670130

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