Jump to ContentJump to Main Navigation
Embracing RiskThe Changing Culture of Insurance and Responsibility$
Users without a subscription are not able to see the full content.

Tom Baker and Jonathan Simon

Print publication date: 2002

Print ISBN-13: 9780226035185

Published to Chicago Scholarship Online: March 2013

DOI: 10.7208/chicago/9780226035178.001.0001

Show Summary Details
Page of

PRINTED FROM CHICAGO SCHOLARSHIP ONLINE (www.chicago.universitypressscholarship.com). (c) Copyright University of Chicago Press, 2020. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in CHSO for personal use.date: 09 April 2020

Rhetoric of Risk and the Redistribution of Social Insurance

Rhetoric of Risk and the Redistribution of Social Insurance

(p.146) Seven Rhetoric of Risk and the Redistribution of Social Insurance
Embracing Risk

Martha Mccluskey

University of Chicago Press

This chapter explores the social construction of risk in the context of contemporary social insurance debates. It emphasizes the relationship between insurance visions and the increasing inequality within and among societies. Instead of guaranteeing security, contemporary social insurance regimes entice people to take personal responsibility in return for potentially higher payoffs. Yet, popular culture's celebration of risk significantly depends on security. Thus, the chapter reveals a double standard: whether we embrace risk depends on who takes the risk and who gets the security. Risk and security depend on a morally based social vision—at some point, we must ask who deserves the risks and security. The chapter first analyzes this double standard by looking at workers compensation, which is often considered the founding social insurance program in the United States. It then explores two examples of social insurance aimed at protecting capital, both of which share the double standard of risk taking.

Keywords:   social insurance, insurance visions, insurance regime, security, risk taking, United States

Chicago Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.