Social Insurance an Economic Analysis, Vol. 4 (Classic Reprint)

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Excerpt from Social Insurance an Economic Analysis, Vol. 4 The movement for social insurance is an attempt to solve certain new problems arising from new industrial conditions. Modern productive methods, gathering large bodies Of workmen together in factories, and demanding large amounts of capital, have magnified the difference in position of the employer and the employee and have fur thered the development of a working class. The special problems of that class have been brought into prominence. Among them the safeguarding Of the economic position Of workingmen by elimination Of ¿uctuations Of income is Of great importance. The advantages of adequate compensa tion for industrial accidents and Of insurance of workingmen against sickness and Old age are appreciated by an enlight ened public Opinion. The interruptions Of earnings due to sickness and accident may be eliminated or reduced, the hardships and distress Of a workman and his dependents lessened, the days'of Old age made secure and free from the stigma Of pauperism. Legislation to secure these ends has been widely enacted. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.