1st Edition

Assets and the Poor New American Welfare Policy

344 Pages

by Routledge

344 Pages

by Routledge

344 Pages

by Routledge

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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... Read more

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