Chapter

Towards a comprehensive policy on assets

Karen Rowlingson and Stephen Mckay

in Wealth and the Wealthy

Published by Policy Press

Published in print December 2011 | ISBN: 9781847423085
Published online May 2012 | e-ISBN: 9781447305620 | DOI: http://dx.doi.org/10.1332/policypress/9781847423085.003.0006
Towards a comprehensive policy on assets

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Having provided empirical evidence on wealth and the wealthy, the last two chapters of the book review the policy implications of recent trends in this field. This chapter calls for a fundamental review of policies towards assets to take into account the appropriate balance between: assets, incomes and services; accumulation and decumulation of assets; and different forms of assets (housing, pensions and savings). It also considers the goal of asset policy and whether it is to reduce poverty and/or inequality, or to help people achieve financial security and/or to make citizenship a more meaningful concept. The respective roles of the state, the individual, the employer and the private sector more generally also need to be considered.

Keywords: asset-based welfare; housing policy; pension policy; capital taxation

Chapter.  17191 words. 

Subjects: Social Stratification, Inequality, and Mobility

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