The Origins of U.S. Social Security Program Problems : Implications for Reform

Napoleon Imarhiagbe Phd

The book explores the chronology of the Social Security program prior to the Great Depression. The author rigorously examines what led to the development of Social Security insurance, partially in an attempt to determine whether it is necessary to reform the Social Security program. He demonstrates the economic implications of the rise of the elderly population in the United States and how democratic governance affects the Social Security program. The author objectively examines the strengths and weaknesses in the privatization of the United States Social Security program. The author also elucidates political ideologies of social security in democratic nations globally, and how political parties view their social security systems as they try to stabilize their systems.