By W. Andrew Achenbaum
As social safeguard comes of age in an doubtful weather, american citizens locate information experiences and 'official' projections anxious in methods they don't absolutely comprehend - yet dare no longer forget about. The demanding situations that beset social defense, even though, will not be simply actuarial or monetary in nature. the alternatives prior to us require a disagreement with the political and philosophical underpinnings of the yankee scan. Fifty years in the past, Franklin Roosevelt expected social safety to be the cornerstone 'for the type of safety the US desires' from the monetary problems humans confronted because of previous age and kin tragedies. through pleasing its preliminary promise, social protection has advanced into the nation's greatest, most expensive, and so much profitable household establishment. however the confident assumptions that encouraged its incremental enlargement have dissipated within the face of demographic, political, fiscal, and cultural shifts in American society. regardless of prior successes, social safeguard now not enjoys stable aid. Critics expect extra difficulty in coming many years. Social safeguard: Visions and Revisions encourages lawmakers, educational specialists, and common readers alike to imagine extra commonly and boldly approximately social safety and its relation to public counsel and different income-maintenance and health-care courses. Pulling jointly info and insights formerly scattered and fragmentary, this e-book attracts classes from the previous that unfastened us of outmoded assumptions and unexamined shibboleths. The re-vision of social safeguard that Achenbaum advocates - person who highlights intergenerational positive aspects and underscores the availability of a socially appropriate, common minimal way of life - should still turn into the foundation of all discussions of government's accountability to advertise 'the basic welfare' in our getting older society.
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Extra info for Social Security: Visions and Revisions: A Twentieth Century Fund Study
M. Rubinow had vociferously advocated social insurance long before Roosevelt became a figure of national political importance; presumably they would have been too much of a good thing. They were of European (Russian-Jewish) immigrant background, and their ideas about the nation's responsibility to care for all its downtrodden and disadvantaged - regardless of the contributions these people had made to the commonweal did not seem to fit the American grain. Epstein and Rubinow were too wedded to their visions of social insurance - some said too obstinate, cantankerous, or zealous - to bend principles to practical politics.
After all, men like Abraham Epstein and I. M. Rubinow had vociferously advocated social insurance long before Roosevelt became a figure of national political importance; presumably they would have been too much of a good thing. They were of European (Russian-Jewish) immigrant background, and their ideas about the nation's responsibility to care for all its downtrodden and disadvantaged - regardless of the contributions these people had made to the commonweal did not seem to fit the American grain.
The oldage insurance program was extended to cover seamen and bank and loan-association employees. The first Title II benefits became payable in January 1940, two years earlier than originally scheduled. The benefit formula was changed to reflect average rather than total covered earnings - which had the effect of increasing the sizes of pensions for all recipients in the early years of operation. 00 per month. 75 Probably the most significant change was the establishment of monthly payments for the survivors of both active and retired employees and dependents of retired workers.
Social Security: Visions and Revisions: A Twentieth Century Fund Study by W. Andrew Achenbaum