Chapter

The irresponsible society

Adrian Sinfield

in Welfare and wellbeing

Published by Policy Press

Published in print October 2001 | ISBN: 9781861342997
Published online March 2012 | e-ISBN: 9781447304203 | DOI: http://dx.doi.org/10.1332/policypress/9781861342997.003.0013
The irresponsible society

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This chapter opens with a challenge to ‘socialists — to re-define the inherent illogicalities and contradictions in the managerial capitalist system’. Titmuss explores the impact of the ‘the changing concentration of economic and financial power’. The chapter notes that the power of pension funds and insurance companies and their ‘irresponsible decisions’ are issues which Richard Titmuss is particularly well-equipped to understand from his own early work in insurance. It further notes that it is a theme that Titmuss frequently returned to in examining what he calls the ‘threatening concentrations of power and privilege’ which, whether consciously or not, ‘increasingly become the arbiters of welfare and amenity for larger sections of the community’.

Keywords: socialists; managerial capitalist system; financial power; pension funds; insurance companies; power; welfare; amenity

Chapter.  8133 words. 

Subjects: Health, Illness, and Medicine

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