• Summary
  • Contents
  • Subject index

A brief supplemental text for upper level undergraduate courses in comparative political economy, comparative public policy, and American political economy. The book's six chapters look in detail at the political economies of the U.S., Sweden and Germany, exploring the fundamental differences between their handling of health policy, pensions, family policy, corporate governance and fiance, and labor markets. The book's many rich and well rendered examples of the three countries' various policies helps students push past abstractions and understand what it is actually like to live under different capitalist systems.

Pension Policy
Pension policy

ITISAFACTOFLIFETHATOUR capacity to work and earn a living decreases with age. Up until the early twentieth century, it was mostly up to individual workers and their families to deal with the decline in earning power that accompanied old age. Government pensions were introduced in Europe as early as the seventeenth century, but they were used primarily to reward the sacrifices of members of the armed forces or to purchase the loyalty of particular individuals.1 They did not benefit the vast majority of the population. Most old people worked as long as they were able, relying on the goodwill of employers or family members to help take up the slack. For family farmers and small businessmen, the value of their businesses represented ...

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