Jump to ContentJump to Main Navigation
Dismantling SolidarityCapitalist Politics and American Pensions since the New Deal$
Users without a subscription are not able to see the full content.

Michael A. McCarthy

Print publication date: 2017

Print ISBN-13: 9780801454226

Published to Cornell Scholarship Online: September 2017

DOI: 10.7591/cornell/9780801454226.001.0001

Show Summary Details
Page of

PRINTED FROM Cornell University Press SCHOLARSHIP ONLINE (www.cornell.universitypressscholarship.com). (c) Copyright University of Cornell University Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in Cornell for personal use. date: 31 May 2020

Reconversion and the Origin of Bargained Plans

Reconversion and the Origin of Bargained Plans

(p.42) 3 Reconversion and the Origin of Bargained Plans
Dismantling Solidarity

Michael A. McCarthy

Cornell University Press

This chapter offers a explanation of the proliferation of occupational pension plans after World War II. Principally, it shows that private pension development was neither the result of policy interventions before the end of the war nor the simple result of union strength in postwar collective bargaining disputes. Instead, the turn to occupational pensions was caused by policymakers intervening in labor-management disputes—not principally to compel businesses to adopt occupational pension plans, but rather to establish labor peace in order to capture capitalist growth opportunities abroad. The chapter begins by considering why the Congress of Industrial Organizations was unable to expand the pension benefits offered by the Social Security program after the New Deal, roughly between 1939 and 1968, before turning to the expansion of private pensions.

Keywords:   private pensions, retirement income, old age income, pension system, Congress of Industrial Organizations, Social Security, occupational pension plans, labor-management disputes

Cornell Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.