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Conclusion: The Welfare State at a Crossroad

In: Allocating Pensions to Younger People

Author

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  • Gregory Ponthiere

    (UCLouvain)

Abstract

It is concluded that a social insurance against a short life is socially desirable and technically feasible in advanced societies. But even if the current demographic and technical conditions constitute a unique opportunity in History, there may be strong political oppositions to a partial reversal of pension systems, especially among senior workers. Modern Welfare States are at a crossroad: either we keep on reforming the Welfare State by making it ‘smaller’, but also less protective, or, alternatively, we extend the domain of social insurance, in such a way as to protect citizens against the risk of a short life, the most tragic of all risks. This essay makes a policy proposal of extending the domain of social protection to the risk of a short life. As such, this essay is only a very first step toward more public debates about the scope of social protection in advanced societies.

Suggested Citation

  • Gregory Ponthiere, 2023. "Conclusion: The Welfare State at a Crossroad," Springer Books, in: Allocating Pensions to Younger People, chapter 0, pages 109-111, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-24748-4_5
    DOI: 10.1007/978-3-031-24748-4_5
    as

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