Social security’s architecture was built on private risk-management and gendered-entitlement assumptions
Evidence
For Levy (2012), even social security “was dependent upon the instruments of corporate risk management” (314). It was thus “an extension of the insurance principle” and hence “predicated upon notions of male individual entitlement and right rather than the shared obligations of a truly national risk community, solidified by an egalitarian ethos of citizenship” (314). — Aris Komporozos-Athanasiou, Speculative Communities, 692
Categorization
- SEED: Fertile angle: the welfare state’s insurance logic was never a pure national-risk community but an extension of corporate actuarial practice and male-entitlement norms — an essay on the actuarial origins of social security.
- XREF: connects to: Social Security avoided controversy because it evaded racial and gender politics — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 234; Social security was built on corporate risk-management logic, not egalitarian citizenship. — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 692; American welfare opponents framed socialized risk as a threat to family morality (+9 more)
Broader Connections
- Social security was built on corporate risk-management logic, not egalitarian citizenship.
#corroborates(0.88) — Aris Komporozos-Athanasiou, Speculative Communities, 692 - Speculative social insurance bonds by excluding marginalized groups, not redistributing.
#qualifies(0.80) — Aris Komporozos-Athanasiou, Speculative Communities, 296 - Neoliberal restructuring converts collective public goods into individualized risk management
#expands(0.78) — Max Haiven, Cultures of Financialization, 266 - American welfare opponents framed socialized risk as a threat to family morality
#responds-to(0.75) - Neoliberal deregulation replaced social protection with credit and indebtedness
#expands(0.75) — Wendy Brown, Undoing the Demos, 746 - Social securitization functions as prophylaxis protecting existing power from challenge
#qualifies(0.73) — David Theo Goldberg, The Threat of Race, 483 - Neoliberalism induces risk-bearing then blames the victims when risk fails
#expands(0.72) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 351 - Asset-based welfare policies since the 1990s individualized the risks of material security.
#qualifies(0.72) — Paul Langley, Assets and Assetization in…, 38 - Early US anti-welfare arguments framed socialized risk as destroying family moral solidarity
#responds-to(0.72) — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 219 - Financialization replaced welfare-state collective security with individualized speculative insurance
#expands(0.72) — Max Haiven, Cultures of Financialization, 92 - Financialization creates a bifurcated hierarchy between celebrated risk-takers and racialized at-risk victims
#expands(0.72) — Max Haiven, Cultures of Financialization, 45