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Social Security Privatization and Its Impact on Society Essay

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Social Security Privatization and its Impact on Society

II. Introduction

Each day that goes by there is a politician or journalist arguing about social security, the plans for saving it, and the repercussions of said plans. These topics are constantly flowing through newspapers, internet sites, online journals, and economic journals as well as many other forms of media. The major topic of discussion is the plan put forth by the current administration to reform social security, or more specifically, privatize it. There is no correct argument or correct opinion on how the situation with social security should be handled. Unfortunately, the government has the power in their hands to do with it as they see fit. Presented in this paper are numerous articles stating the condition of social security and specific problems with the way social security stands today.

III. Summary of Article #1

Social Security and the African American Male is an article written by Eddie Davis out of Buffalo State College. It was published in the Journal of Sociology and Social Welfare, March, 2005, Volume XXXII, Number 1. In this article Davis starts with offering an explanation of what a "just" law is. A just law is one that is made by a person who has no knowledge or who will be advantageous as a result of the law, but instead be under a "vale of ignorance." The author then goes on to explain why the laws created to govern the way social security is run is not just. How the euro-referenced politicians promulgated the laws on planned structural discrimination, class exploitation, and inter-group antagonism. The exploration of this issue began with an assumed relationship between the different life expectancy of African Americ...


... middle of paper ...


...urity and the African American Male (A Cash Transfer System), Journal of Sociology and Social Welfare, March, 2005, Volume XXXII, Number 1

Carolyn L. Weaver, Social Security, http://www.econlib.org/library/Enc/SocialSecurity.html

Borzutsky S., Chile: Has social security privatization fostered economic development? Int J Soc Welfare 2001: 10: 294-299 Copyright Blackwell, 2001.

Kelly A. Olsen, Social security privatization and Generation X, The Washington Quarterly 22:1 pp 189-204 Copyright 1999

John B. Williamson, Tay K. McNamara, and Stephanie A. Howling, Generational Equity, Generational Interdependence, and the Framing of the Debate Over Social Security Reform, Journal of sociology and Social Welfare

Etzeoni Amitai, End Game, what the elderly have earned, Copyright American Scholar


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