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Pensions, Class and Capital: An International Perspective

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  • David Green

    (Business School, South Bank University, Southwark Campus, London SE1 OAA, greendm@vax.sbu.ac.uk)

Abstract

The growth in the number of elderly people throughout the world is beginning to have a major social and economic impact. Deep-seated demographic change is driving the large scale restructuring of many state pension systems. The way in which this restructuring is being carried out is contributing to the internationalisation of capital markets and economies. Furthermore the rapid development of funded pension schemes is creating a new, large class of rentierr retirees." While these changes pose new political difficulties for organized labor and the left, they also offer new opportunities to extend progressive, popular control over corporations and the direction of investment.

Suggested Citation

  • David Green, 1997. "Pensions, Class and Capital: An International Perspective," Review of Radical Political Economics, Union for Radical Political Economics, vol. 29(3), pages 144-155, September.
    • Handle: RePEc:sae:reorpe:v:29:y:1997:i:3:p:144-155
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