The Unseen Revolution - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Unseen Revolution write by Peter F. Drucker. This book was released on 2013-09-11. The Unseen Revolution available in PDF, EPUB and Kindle. The Unseen Revolution: How Pension Fund Socialism Came to America covers the principles and concepts of the American pension fund socialism. This book is composed of five chapters, and begins with the history and developments of pension fund socialism in the United States. The next chapter deals with the fundamental problems of economic structure, policy, and, as well as the problems of authority, legitimacy, and control of the so-called Social Security. The discussion then shifts to involved social institutions and issues, along with the political lessons and issues of pension fund socialism. The last chapter considers the American politics realignments and readjustments.
The unseen revolution. How pension fund socialism came to America
The unseen revolution. How pension fund socialism came to America - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The unseen revolution. How pension fund socialism came to America write by Peter F. Drucker. This book was released on 1976. The unseen revolution. How pension fund socialism came to America available in PDF, EPUB and Kindle.
The Pension Fund Revolution
The Pension Fund Revolution - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Pension Fund Revolution write by . This book was released on 2011-12-31. The Pension Fund Revolution available in PDF, EPUB and Kindle. In The Pension Fund Revolution, originally published nearly two decades ago under the title The Unseen Revolution, Drucker reports that institutional investors, especially pension funds, have become the controlling owners of America's large companies, the country's only capitalists. He maintains that the shift began in 1952 with the establishment of the first modern pension fund by General Motors. By 1960 it had become so obvious that a group of young men decided to found a stock-exchange firm catering exclusively to these new investors. Ten years later this firm (Donaldson, Lufkin & Jenrette) became the most successful, and one of the biggest, Wall Street firms. Drucker's argument, that through pension funds ownership of the means of production had become socialized without becoming nationalized, was unacceptable to the conventional wisdom of the country in the 1970s. Even less acceptable was the second theme of the book: the aging of America. Among the predictions made by Drucker in The Pension Fund Revolution are: that a major health care issue would be longevity; that pensions and social security would be central to American economy and society; that the retirement age would have to be extended; and that altogether American politics would increasingly be dominated by middle-class issues and the values of elderly people. While readers of the original edition found these conclusions hard to accept, Drucker's work has proven to be prescient. In the new epilogue, Drucker discusses how the increasing dominance of pension funds represents one of the most startling power shifts in economic history, and he examines their present-day Impact. The Pension Fund Revolution is now considered a classic text regarding the effects of pension fund ownership on the governance of the American corporation and on the structure of the American economy altogether. The reissuing of this book is more timely now than ever. It provides a wealth of information for sociologists, economists, and political theorists.
The Pension Fund Revolution
The Pension Fund Revolution - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Pension Fund Revolution write by Peter F. Drucker. This book was released on 1992. The Pension Fund Revolution available in PDF, EPUB and Kindle. In The Pension Fund Revolution, originally published nearly two decades ago under the title The Unseen Revolution, Peter F. Drucker reports that institutional investors, especially pension funds, have become the controlling owners of America's large companies, the country's only capitalists. He maintains that the shift began in 1952 with the establishment of the first modern pension fund by General Motors. By 1960 it had become so obvious that a group of young men decided to found a stock-exchange firm catering exclusively to these new investors. Ten years later this firm (Donaldson, Lufkin & Jenrette) became the most successful, and one of the biggest, Wall Street firms. Drucker's argument, that through pension funds ownership of the means of production had become socialized without becoming nationalized, was unacceptable to the conventional wisdom of the country in the 1970s. Among the predictions made by Drucker in The Pension Fund Revolution are: that a major health care issue would be longevity; that pensions and social security would be central to American economy and society; that the retirement age would have to be extended; and that altogether American politics would increasingly be dominated by middle-class issues and the values of elderly people. While readers of the original edition found these conclusions hard to accept, Drucker's work has proven to be prescient. In the new epilogue, Drucker discusses how the increasing dominance of pension funds represents one of the most startling power shifts in economic history, and he examines their present-day impact.
Democratizing Pension Funds
Democratizing Pension Funds - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Democratizing Pension Funds write by Ronald B. Davis. This book was released on 2009-01-01. Democratizing Pension Funds available in PDF, EPUB and Kindle. This book will spark a debate concerning the need for democracy and accountability in the governance of trillions of dollars of plan members' pension plan assets and the legitimacy of the present, mostly unaccountable, corporate governance decisions made by these plans. The author analyzes the reasons for this passivity, pointing to conflicts of interest with respect to corporate governance activity in pension plans and also to limitations in corporate, securities, and pension law. He argues that plan members should be given a voice in pension plan governance and the plans made accountable, and he outlines the legal reforms necessary.
