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008 061122s2006 xx ||||gr |0|| 0 eng d
100 1 _aBLACKBURN, Robin
_924150
245 1 0 _aThe global pension crisis :
_bfrom gray capitalism to responsible accumulation
260 _aLondon :
_bSage Publications,
_cjun. 2006
520 3 _aThe ageing society has profound consequences for accumulation in each state and region because pensions represent a claim on future income and output. Today's United States and United Kingdom pension crisis stems from a failing private sector with excessive costs and risk. Public provision using pay-asyou-go payroll taxes has, by contrast, proved highly cost-effective and equitable. However, aging and unequal cohorts create a need for extra resources. Retirement incomes should total 12 to 14 percent of gross domestic product if older people's relative incomes are to be maintained. Raising such a sum solely from payroll taxes would generate the unemployment seen in continental Europe. The alternative is to redistribute capital to a regional network of social funds by requiring each corporation to issue shares equivalent to 10 percent of their profits annually to those funds. The share levy does not subtract from the corporation's cash flow and therefore protects employment and investment, but it does dilute the value of shareholding each year by a small amount. The social funds would not sell their shares but would keep them to generate income for future pensions. The social funds would supply a universal second pension; they could establish criteria of socially responsible governance in their use of shareholder power, and they would be subject to expert and democratic audit
650 4 _aGlobalização
_911985
650 4 _912209
_a Crise Econômica
650 4 _aCapitalismo
_913045
650 4 _aPrivatização
_911967
650 4 _aTributo
_913098
650 4 _aResponsabilidade Social
_911959
651 4 _aEstados Unidos
_912942
651 4 _aReino Unido
_913171
651 4 _aInglaterra
_913196
651 4 _aEuropa
_912887
773 0 8 _tPolitics & Society
_g34, 2, p. 135-186
_dLondon : Sage Publications, jun. 2006
_xISSN 0032-3292
_w
942 _cS
998 _a20061122
_b0901^b
_cCarolina
998 _a20101220
_b1034^b
_cKeicielle
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c19900
_d19900
041 _aeng