Abstract

The Future of Social Security
Epstein, Abraham | October 17, 1936 issue

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The illusions of the Social Security Act are due to the fact that its sponsors confused social insurance with private insurance. The enacted provisions totally disregard the world-wide experience with social insurance. Although social insurance is employed by practically all industrial countries — whether capitalist, communist, fascist, monarchic or democratic — its essential aims remain a mystery in the U.S. to this day. Without bothering to find out what it was about, U.S. business leaders for years maligned every program of social insurance.

See Also:

SOCIAL security -- Law & legislation; GOVERNMENT insurance; UNITED States -- Politics & government; BUSINESSPEOPLE -- United States; DEVELOPED countries; UNITED States
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