Austerity Distorts the Common Economic Interests between Generations

austerity political economy is a platform for justifying cuts in the social wage, which is any tax-financed expenditures on health, education, housing, and social welfare (Gough 1979; Shaikh and Tonak 1987). Raising the social wage raises nonlabor income, living standards for working families, and m...

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Veröffentlicht in:	Social research 2013-10, Vol.80 (3), p.953-976
1. Verfasser:	Ghilarducci, Teresa
Format:	Artikel
Sprache:	eng
Schlagworte:	Academic achievement Advocacy Age Austerity Budgets Business Cycles Child abuse & neglect Children Children & youth Deferred compensation Development programs Economic Development Economic growth Economic models Economic recessions Elderly Equity Expenditures Families & family life Financial planners GDP Government spending Gross Domestic Product Health care expenditures Health education Housing Income taxes Labor Market Life expectancy Medicare Men Mens health Older adults Older people Older workers Part IV: Moving Forward and Away from Austerity Political Economy Politics Poverty Recessions Retirement Retirement benefits Social security Social Security benefits Social security tax Social Welfare Standard of Living Tax cuts Wages Wages & salaries
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