What Ownership Society: Debating Housing and Social Security Reform in the United States
AbstractThis article explores President George W. Bush's "ownership society" blueprint in comparative and historical perspective. By taking the "ownership society" seriously, it is possible to understand how it is deeply rooted in the American cultural repertoire, and how it offers a coherent neo-liberal discourse aimed at constructing the "need to reform" existing social policy legacies in the sense of a greater reliance on private savings and ownership. Although grounded in the American repertoire, President Bush's "ownership society" is inspired by a foreign model: Thatcher's "popular capitalism," another neo-liberal blueprint that featured a similar celebration of personal ownership. Discussing Thatcherism briefly before analyzing the debate over President Bush's "ownership society" in the fields of housing and pensions, this article underlines the relationship between ideational processes and institutional legacies in policy-making.
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Bibliographic InfoPaper provided by McMaster University in its series Social and Economic Dimensions of an Aging Population Research Papers with number 150.
Length: 39 pages
Date of creation: Feb 2006
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More information through EDIRC
housing; pensions; ideas; institutions; United States; Britain;
Find related papers by JEL classification:
- H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions
- I38 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Government Programs; Provision and Effects of Welfare Programs
This paper has been announced in the following NEP Reports:
- NEP-ALL-2006-03-11 (All new papers)
- NEP-PBE-2006-03-11 (Public Economics)
- NEP-URE-2006-03-11 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Kevin Milligan, 2004. "Life-cycle Asset Accumulation and Allocation in Canada," Social and Economic Dimensions of an Aging Population Research Papers 122, McMaster University.
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