Overview
- Bridges finance and philosophy by examining retirement systems in terms of justice
- Clarifies the differences between classic and egalitarian liberal viewpoints within pension schemes
- Looks at pension schemes in terms of liberal justice
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About this book
This book addresses the tendency to mischaracterise liberalism as a “neoliberal” reform project, arguing that liberal political philosophy is concerned only to sustain the conditions that make individual freedom possible. This is illustrated with reference to the design of pensions. Considered in terms of liberal justice, retirement systems require redistributive transfers to help the poor, measures to ensure that retirees are rewarded on their merits, and provisions that treat everyone with equal dignity and respect. Rather than presenting liberal pensions as a close analogue to neoliberalism, this volume highlights their egalitarian virtues. This book will appeal to scholars of retirement and pensions, social policy, economics and political philosophy.
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Keywords
- Pension
- Pension scheme
- Retirement model
- Pension Design
- Justice
- Social Policy
- Social Solidarity
- Liberalism
- Liberty
- Need
- Financial Impovershment
- Retirement Income Safety-Net
- Selectivism
- Universal Basic Pension
- Agent Responisbilty
- Second Pillar Pensions
- Social Insurance
- Defined Contribution Pensions
- Defined Benefit Pensions
- household finance
Table of contents (5 chapters)
Authors and Affiliations
About the authors
Mark Hyde is a Reader in Work and Pensions at the University of Plymouth, UK. His most recent work on the privatisation of pensions has included several books and monographs: The Marketization of Social Security (2001), The Privatization of Mandatory Retirement Income Protection (2006), The Intergenerational Covenant (2010), Classical Liberalism and Conservatism (2014) and, most recently, Rent-Seeking in Private Pensions: Concentration, Pricing and Performance (2016).
Rory Shand is a Senior Lecturer in Public Services at Manchester Metropolitan University, UK. His research has generated publications in several fields including the nature and scope of enterprise in a public services setting, the political philosophy of the public good, and disability as a form of social stratification. His most recent books include The Governance of Sustainable Rural Renewal (2016) and Sport, Community Regeneration, Governance and Development (2017).
Bibliographic Information
Book Title: Retirement, Pensions and Justice
Book Subtitle: A Philosophical Analysis
Authors: Mark Hyde, Rory Shand
DOI: https://doi.org/10.1057/978-1-137-60066-0
Publisher: Palgrave Macmillan London
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
Hardcover ISBN: 978-1-137-60065-3Published: 30 May 2017
eBook ISBN: 978-1-137-60066-0Published: 19 May 2017
Edition Number: 1
Number of Pages: XIX, 133
Topics: Personal Finance/Wealth Management/Pension Planning, Social Philosophy