Assets and the Poor : New American Welfare Policy book cover
1st Edition

Assets and the Poor
New American Welfare Policy

ISBN 9781563240669
Published February 28, 1992 by Routledge
344 Pages

FREE Standard Shipping
USD $46.95

Prices & shipping based on shipping country


Book Description

This work proposes a new approach to welfare: a social policy that goes beyond simple income maintenance to foster individual initiative and self-sufficiency. It argues for an asset-based policy that would create a system of saving incentives through individual development accounts (IDAs) for specific purposes, such as college education, homeownership, self-employment and retirement security. In this way, low-income Americans could gain the same opportunities that middle- and upper-income citizens have to plan ahead, set aside savings and invest in a more secure future.

Table of Contents

Tables and Figures

Foreword Neil Gilbert

Preface and Acknowledgements

Part I: Maintenance: Welfare as Income

1. The Failure of Welfare Policy as a Failure of National Vision

2. Income Distribution and Income Poverty

3. The State of Welfare Theory

4. Federal Welfare Policy—Who Benefits?

5. The Welfare Reform Debate

Part II: Development: Welfare as Assets

6. The Nature and Distribution of Assets

7. Inheritance of Asset Inequality

8. Toward a Theory of Welfare Based on Assets

9. The Design of Asset-Based Welfare Policy

10. Individual Development Accounts

11. Examples, Proposals, Costs

12. The Integration of Welfare Policy with Economic Goals of the Nation

13. Summary and Conclusion

Selected References


View More