Friday, February 27, 2004

Demographic Change and the Stability of the U.S. Social Security System
If a primary purpose of a political system is to recognize potential causes of widespread human misery in advance and take steps to ameliorate their impact, American-style democracy is clearly operating in a dysfunctional manner with regard to its Social Security system. Is there any reason to believe that this dysfunctionality is an aberration whose root causes lie in something other than the predictable behavior of people operating within the framework of democratic institutions?

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