Dear Prudence
Martin Daunton: The pension crisis, 19 February 2004
Banking on Death or, Investing in Life: The History and Future of Pensions
by Robin Blackburn.
Verso, 550 pp., £15, July 2002,9781859844090 Show More
by Robin Blackburn.
Verso, 550 pp., £15, July 2002,
“... The trend in most industrial societies is away from the public funding of pensions and towards private, commercial provision. Robin Blackburn describes the finance companies selling pension schemes as a new form of tax farmer, offering dubious deals in return for tax subsidies and lavish commissions. The analogy indicates the tenor of his thinking: tax farmers contributed to the lack of legitimacy of the Ancien Régime ... ”