search query: @indexterm ORGANIZATION / total: 976
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Author: | Sievers, B. |
Title: | Your money or your life? Psychotic implications of the pension fund system: Towards a socio-analysis of the financial services revolution |
Journal: | Human Relations
2003 : FEB, VOL. 56:2, p. 187-210 |
Index terms: | FINANCIAL SERVICES MONEY MORTALITY RATE PENSION FUNDS ORGANIZATION |
Language: | eng |
Abstract: | The present Anglo-American pension funds system is based on totally different images of man, society, and social relatedness than the traditional social security systems and retirement schemes characteristic of welfare states in many European countries. This article is guided by the working hypothesis that the pension fund system, because of its inherent defenses against persecutory and depressive anxieties, is based on psychotic dynamics. Participation in the pension fund system encourages a psychotic dynamic; the expected pension after retirement is seen to protect one from a 'miserable' way of life, from deprivation, from annihilation and feelings of dependency, gratitude, love, and guilt. |
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