Purpose – For much of the scholarly literature regarding retirement, private pensions are incapable of engaging the trust of those who depend on them. However, this appraisal is flawed by its one-dimensional emphasis on the importance of social solidarity to trust. The purpose of this paper is...

<p>Mark Hyde and John Dixon review Shapiro's (2007) <em>Is the Welfare State Justified?</em>, assessing its merits as well as its flaws.</p>

Purpose – According to one influential set of arguments, the privatization of public pensions has been informed by neoliberalism, and has thus been an integral element of a broader program of welfare retrenchment, which is inconsistent with social cohesion. The paper aims to take issue with...