The Process of Capitalism in the Age of Pensions

Pensions were seen as a normal part of the social reproduction of labour. The incentive to work er i's essentially undermined. And then capitalism, candaf, doesn't function if nobody's prepared to go to work. We s we still have this mith, we have usof collective pension schemes provided by your employer. U k isstine to adopt some similar features provided by your employers. Your employer will contribute your pension scheme if you can contribute in certain ways. But it is is entirely individualized.

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