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- DescriptionThe follies of the share bubble and the subsequent collapse of Enron and Parmalat, Marconi and Ahold, Worldcom and Waste Management has had devastating effects, wiping out employees' pension savings and further exposing the absence of responsibility at the heart of what Robin Blackburn calls 'grey capitalism'. The author does t just expose problems, however, he also explores solutions. Blackburn identifies new sources of pension finance - an obligation on companies to issue new shares each year equivalent to 10 per cent of their profits and give them to national and regional pension networks - and sketches the shape of a progressive and responsible pension fund regime, which should embrace all citizens and be accountable to them.
- Author BiographyRobin Blackburn teaches at the Graduate Faculty of the New School University, New York, and in the Sociology Department of the University of Essex. He is the author of Banking on Death: Or, Investing in Life: The History and Future of Pensions.
- Author(s)Robin Blackburn
- PublisherVerso Books
- Date of Publication01/10/2004
- SubjectFinance & Accounting
- Place of PublicationLondon
- Country of PublicationUnited Kingdom
- ImprintVerso Books
- Weight667 g
- Width140 mm
- Height191 mm
- Spine29 mm
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