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Contribution to Book
Can Small Investors Survive Social Security Privatization?
Faultlines: Debating the Issues in American Politics (2007)
  • Elisabeth Brooke Harrington, Copenhagen Business School
Abstract

It has become nearly axiomatic in this country to argue that everything would be better off if it were run like a business. In response, government has shifted its mission: if it used to operate like Super Glue, bonding Americans to one another, it is now working more like WD-40, minimizing friction in the pursuit of individual (and corporate) profit. Social Security is not only the largest government program, but the embodiment of the Super Glue approach to politics: the ultimate test case for privatization.

Keywords
  • Social Security; pensions; public finance; social policy; stock market; privatization
Publication Date
2007
Editor
David Canon, John Coleman, and Kenneth Mayer
Publisher
W.W. Norton
Citation Information
Harrington, Brooke. 2007. "Can Small Investors Survive Social Security Privatization?" Pp. 308-313 in David Canon, John Coleman, and Kenneth Mayer (Eds.), Faultlines: Debating the Issues in American Politics (2nd ed). New York: W.W. Norton. Available at: http://works.bepress.com/brooke_harrington/19