Pinch: How the Baby Boomers Took Their Children's Future - and Why They Should Give it Back
The baby boom of 1945-65 produced the biggest, richest generation that Britain has ever known. Today, at the peak of their power and wealth, baby boomers now run the country; by virtue of their sheer demographic power, they have fashioned the world around them in a way that meets all of their housing, healthcare, and financial needs. In this original and provocative book, David Willetts shows how the baby boomer generation has attained this position at the expense of their children. Social, cultural, and economic provision has been made for the reigning section of society, whilst the needs of the next generation have taken a back seat. Willetts argues that if our political, economic, and cultural leaders do not begin to discharge their obligations to the future, the young people of today will be taxed more, work longer hours for less money, have lower social mobility, and live in a degraded environment in order to pay for their parents' quality of life. Baby boomers, worried about the kind of world they are passing on to their children, are beginning to take note. However, whilst the imbalance in the quality of life between the generations is becoming more obvious, what is less certain is whether the older generation will be willing to make the sacrifices necessary for a more equal distribution. The Pinch is a landmark account of intergenerational relations in Britain. It is essential reading for parents and policymakers alike.
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Other editions - View all
The Pinch: How the Baby Boomers Took Their Children's Future - and Why They ...
No preview available - 2011
The Pinch: How the Baby Boomers Took Their Children's Future - And Why They ...
No preview available - 2010
The Pinch: How the Baby Boomers Took Their Children's Future - and why They ...
No preview available - 2010
adulthood adults Alan Macfarlane Anglosphere assets attitudes average Avner Offer baby boom baby boomers behaviour benefits big cohort birth rate born Britain British cent of GDP Chapter child childcare cooperation costs countries culture cycle David Hume debt deferring gratification demographic dependent earnings economic effect employment England English evidence example expectancy explain firsttime buyers future game theory going grandparents higher house prices households human immigration income increase inheritance institutions intergenerational contract investment labour less living longterm look marriage means middleaged modern moral mortgage obligations Office for National older parents pension scheme people’s political population postWar public spending reciprocal altruism reciprocity rise Robert Putnam saving shows social capital social contract social mobility society surge T. S. Eliot teenagers traditional trend trust University Press wealth welfare women workers young younger