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Debt Democracy And The Welfare State
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Book Synopsis Debt, Democracy and the Welfare State by : R. Hannesson
Download or read book Debt, Democracy and the Welfare State written by R. Hannesson and published by Springer. This book was released on 2015-04-24 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is it that government debt in the developed world has risen to world war proportions in a time of peace? This can largely be attributed to governments maintaining welfare expenditures beyond what tax revenues allow. But will these governments refrain from doing what is necessary for economic growth for fear of losing their electorate?
Download or read book Debt Or Democracy written by Mary Mellor and published by Pluto Press (UK). This book was released on 2016 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A clear case for the common ownership of money as a solution to the financial crisis
Book Synopsis Indebted Societies by : Andreas Wiedemann
Download or read book Indebted Societies written by Andreas Wiedemann and published by Cambridge University Press. This book was released on 2021-07-08 with total page 345 pages. Available in PDF, EPUB and Kindle. Book excerpt: In many rich democracies, access to financial markets is now a prerequisite for fully participating in labor and housing markets and pursuing educational opportunities. Indebted Societies introduces a new social policy theory of everyday borrowing to examine how the rise of credit as a private alternative to the welfare state creates a new kind of social and economic citizenship. Andreas Wiedemann provides a rich study of income volatility and rising household indebtedness across OECD countries. Weaker social policies and a flexible knowledge economy have increased costs for housing, education, and raising a family - forcing many people into debt. By highlighting how credit markets interact with welfare states, the book helps explain why similar groups of people are more indebted in some countries than others. Moreover, it addresses the fundamental question of whether individuals, states, or markets should be responsible for addressing socio-economic risks and providing social opportunities.
Book Synopsis Challenges to the Welfare State by : Henry Cavanna
Download or read book Challenges to the Welfare State written by Henry Cavanna and published by Edward Elgar Publishing. This book was released on 1998 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Identifies the relative merits of welfare state systems in the US and Europe; examines and assesses cultural, economic, and political problems they face; and suggests policy to alleviate the problems. Queries whether the continued integration of Europe will result in all citizens being guaranteed only certain basic social rights, and being required to pay for health care, pension provision, and insurance. Concludes that the movement to reduce government debt will require either a big jump in taxes or a big drop in services. Also discusses the transition from communism to capitalism in eastern Europe. Annotation copyrighted by Book News, Inc., Portland, OR
Book Synopsis When Welfare States Retrench by : Mathias Tromborg
Download or read book When Welfare States Retrench written by Mathias Tromborg and published by . This book was released on 2012 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: Welfare state spending cuts constitute one of the most economically efficient ways to achieve fiscal consolidation, but some policymakers prefer other methods of fiscal consolidation when government debt levels are high. In this paper I examine this phenomenon and hypothesize that the economic incentive to cut welfare spending when government debt levels are high can be undermined by the political incentive to stay in power. Specifically, I hypothesize that government debt and median voter preferences interact to shape welfare state outcomes; high levels of government debt lead to welfare retrenchment, but only if the median voter does not oppose cuts in welfare spending. Using data on government spending and median voter preferences from 18 OECD countries, I estimate a series of regressions, showing that government debt does lead to overall welfare spending cuts when the median voter does not oppose overall welfare retrenchment, and that government debt has a negative impact on unemployment spending, but not on old age pension spending. This is consistent with the theoretical framework as unemployment spending is consistently less popular with the median voter than old age pension spending because unemployment benefits protect against labor market risks, whereas old age pensions protect against life course risks.
Book Synopsis Globalization and the Future of the Welfare State by : Miguel Glatzer
Download or read book Globalization and the Future of the Welfare State written by Miguel Glatzer and published by University of Pittsburgh Press. This book was released on 2010-11-23 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last quarter of the twentieth century, the global political economy has undergone a profound transformation. Democracy has swept the globe, and both rich and developing nations must compete in an increasingly integrated world economy.How are social welfare policies being affected by this wave of economic globalization? Leading researchers explore the complex question in this new comparative study. Shifting their focus from the more commonly studied, established welfare states of northwestern Europe, the authors of Globalization and the Future of the Welfare State examine policy development in the middle-income countries of southern and eastern Europe, Latin America, Russia, and East Asia. Previous investigations into the effects of globalization on welfare states have generally come to one of two conclusions. The first is that a global economy undermines existing welfare states and obstructs new developments in social policy, as generous provisions place a burden on a nation's resources and its ability to compete in the international marketplace. In contrast, the second builds on the finding that economic openness is positively correlated with greater social spending, which suggests that globalization and welfare states can be mutually reinforcing.Here the authors find that globalization and the success of the welfare state are by no means as incompatible as the first view implies. The developing countries analyzed in Globalization and the Future of the Welfare State demonstrate that although there is great variability across countries and regions, domestic political processes and institutions play key roles in managing the disruptions wrought by globalization.
Book Synopsis Democracy and the Welfare State by : Amy Gutmann
Download or read book Democracy and the Welfare State written by Amy Gutmann and published by Princeton University Press. This book was released on 1988-05-21 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: The essays in this volume explore the moral foundations and the political prospects of the welfare state in the United States. Among the questions addressed are the following: Has public support for the welfare state faded? Can a democratic state provide welfare without producing dependency on welfare? Is a capitalist (or socialist) economy consistent with the preservation of equal liberty and equal opportunity for all citizens? Why and in what ways does the welfare state discriminate against women? Can we justify limiting immigration for the sake of safeguarding the welfare of Americans? How can elementary and secondary education be distributed consistently with democratic values? The volume confronts powerful criticisms that have been leveled against the welfare state by conservatives, liberals, and radicals and suggests reforms in welfare state programs that might meet these criticisms. The contributors are Joseph H. Carens, Jon Elster, Robert K. Fullinwider, Amy Gutmann, Jennifer L. Hochschild, Stanley Kelley, Jr., Richard Krouse, Michael McPherson, J. Donald Moon, Carole Pateman, Dennis Thompson, and Michael Walzer.
Book Synopsis The great forgetting by : Jack Lawrence Luzkow
Download or read book The great forgetting written by Jack Lawrence Luzkow and published by Manchester University Press. This book was released on 2015-06-01 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today the US and the UK are at a crossroads. Millions are out of work, millions (in the US) are still deprived of health care, millions have lost their homes, and we are collectively more unequal than we have been since the 1920s. Both countries will experience massive social upheavals if they don’t reduce social inequality, invest massively in education and infrastructure, commit themselves to securing jobs for all who want them, change tax structures that coddle the 1 percent, rein in the anarchy of big banks by reregulating (or nationalising) them, and liberate the captive state from the financial institutions of Wall Street and the City of London. Social inequality is neither inevitable, nor the result of globalisation. It is the outcome of social and economic policies embraced by the 1 percent. This can be reversed by more social democracy, not less, by recovering the state for the 99 percent.
Book Synopsis Federalism and Social Policy by : Scott L Greer
Download or read book Federalism and Social Policy written by Scott L Greer and published by University of Michigan Press. This book was released on 2019-05-24 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: Federalism and Social Policy focuses on the crucial question: Is a strong and egalitarian welfare state compatible with federalism? In this carefully curated collection, Scott L. Greer, Heather Elliott, and the contributors explore the relationship between decentralization and the welfare state to determine whether or not decentralization has negative consequences for welfare. The contributors examine a variety of federal countries, including Spain, Canada, and the United Kingdom, asking four key questions related to decentralization: (1) Are there regional welfare states (such as Scotland, Minnesota, etc.)? (2) How much variation is there in the structures of federal welfare states? (3) Is federalism bad for welfare? (4) Does austerity recentralize or decentralize welfare states? By focusing on money and policy instead of law and constitutional politics, the volume shows that federalism shapes regional governments and policies even when decentralization exists.
Book Synopsis The Politics of Public Debt by : Daniel Bin
Download or read book The Politics of Public Debt written by Daniel Bin and published by BRILL. This book was released on 2019-10-14 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Politics of Public Debt Daniel Bin analyzes how fiscal and monetary policies and the administration of public debt related to class, labor, and democracy during the period of neoliberal financialization in Brazil. Sustained by state action, the politico-economic context allowed the establishment of a macroeconomic framework that favored finance capital. It was characterized by the expropriation of workers’ incomes through a system involving public debt and taxation, capable of deepening labor exploitation. Decisions about public debt and related policies are analyzed in terms of their implications for economic democracy. The book raises the hypothesis that the 2016 coup within the Brazilian capitalist state sought to overthrow the political forces that were no longer able to administer this model.
Book Synopsis The Next Welfare State? by : Pierson, Christopher
Download or read book The Next Welfare State? written by Pierson, Christopher and published by Policy Press. This book was released on 2021-09-30 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: COVID-19 has transformed the British welfare state. The government has created millions of new beneficiaries, spent tens of billions of pounds it doesn’t have and created a mountain of public debt. And yet, when the crisis has passed, we will be left with all the old problems of welfare and well-being which we have systematically failed to address over the past 50 years. In this book, Christopher Pierson argues that we need to think quite differently about how we can ensure our collective well-being in the future. To do this, he looks backwards to the welfare state’s origins and development as well as forwards, unearthing some surprising solutions in unexpected places.
Book Synopsis The Sovereign Debt Crisis, the EU and Welfare State Reform by : Caroline De La Porte
Download or read book The Sovereign Debt Crisis, the EU and Welfare State Reform written by Caroline De La Porte and published by Springer. This book was released on 2016-08-09 with total page 249 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a much-needed analysis of how the European Union (EU) has affected welfare state reforms in the Member States most severely hit by the 2008 economic crisis. Bringing together leading European social policy researchers, it shows that the EU’s responses to the sovereign debt crisis have changed the nature of EU intervention into domestic welfare states, with an enhanced focus on fiscal consolidation, increased surveillance and enforcement of EU measures. The authors demonstrate how this represents an unprecedented degree of EU involvement in domestic social and labour market policies. Readers will also discover how greater demands to attain balanced budgets have been institutionalized, leading to tensions with the EU's social investment strategy. This highly informative edited collection will engage students, social policy practitioners and researchers, scholars of the welfare state and political scientists. “/div>div
Book Synopsis South Koreans in the Debt Crisis by : Jesook Song
Download or read book South Koreans in the Debt Crisis written by Jesook Song and published by Duke University Press. This book was released on 2009-08-18 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: South Koreans in the Debt Crisis is a detailed examination of the logic underlying the neoliberal welfare state that South Korea created in response to the devastating Asian Debt Crisis (1997–2001). Jesook Song argues that while the government proclaimed that it would guarantee all South Koreans a minimum standard of living, it prioritized assisting those citizens perceived as embodying the neoliberal ideals of employability, flexibility, and self-sufficiency. Song demonstrates that the government was not alone in drawing distinctions between the “deserving” and the “undeserving” poor. Progressive intellectuals, activists, and organizations also participated in the neoliberal reform project. Song traces the circulation of neoliberal concepts throughout South Korean society, among government officials, the media, intellectuals, NGO members, and educated underemployed people working in public works programs. She analyzes the embrace of partnerships between NGOs and the government, the frequent invocation of a pervasive decline in family values, the resurrection of conservative gender norms and practices, and the promotion of entrepreneurship as the key to survival. Drawing on her experience during the crisis as an employee in a public works program in Seoul, Song provides an ethnographic assessment of the efforts of the state and civilians to regulate social insecurity, instability, and inequality through assistance programs. She focuses specifically on efforts to help two populations deemed worthy of state subsidies: the “IMF homeless,” people temporarily homeless but considered employable, and the “new intellectuals,” young adults who had become professionally redundant during the crisis but had the high-tech skills necessary to lead a transformed post-crisis South Korea.
Book Synopsis The Work of Politics by : Steven Klein
Download or read book The Work of Politics written by Steven Klein and published by Cambridge University Press. This book was released on 2020-09-24 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: This theoretically innovative book shows how democratic social movements can use the welfare state to challenge domination in society.
Download or read book Debt Or Democracy written by Mary Mellor and published by . This book was released on 2016 with total page 215 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Reckoning: Debt, Democracy, and the Future of American Power by : Michael Moran
Download or read book The Reckoning: Debt, Democracy, and the Future of American Power written by Michael Moran and published by St. Martin's Press. This book was released on 2012-04-10 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: A leading forecaster of economic and political trends takes a sharp look at the decline of American influence in the world, and how it can prepare for the new reality. The age of American global dominance is ending. Today, a host of forces are converging to challenge its cherished notion of exceptionalism, and risky economic and foreign policies have steadily eroded the power structure in place since the Cold War. Staggering under a huge burden of debt, the country must make some tough choices—or cede sovereignty to its creditors. In The Reckoning, Michael Moran, geostrategy analyst explores the challenges ahead -- and what, if anything, can be prevent chaos as America loses its perch at the top of the mountain. Covering developments like unprecedented information technologies, the growing prosperity of China, India, Brazil, and Turkey, and the diminished importance of Wall Street in the face of global markets, Moran warns that the coming shift will have serious consequences not just for the United States, but for the wider world. Countries that have traditionally depended on the United States for protection and global stability will have to fend for themselves. Moran describes how, with a bit of wise leadership, America can transition to this new world order gracefully—by managing entitlements, reigniting sustainable growth, reforming immigration policy, launching new regional dialogues that bring friend and rival together in cooperative multinational structures, and breaking the poisonous deadlock in Washington. If not, he warns, history won't wait.
Book Synopsis Debt, Development, and Democracy by : Jeffry A. Frieden
Download or read book Debt, Development, and Democracy written by Jeffry A. Frieden and published by Princeton University Press. This book was released on 1991 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1970s and 1980s the countries of Latin America dealt with their similar debt problems in very different ways--ranging from militantly market-oriented approaches to massive state intervention in their economies--while their political systems headed toward either democracy or authoritarianism. Applying the tools of modern political economy to a developing-country context, Jeffry Frieden analyzes the different patterns of national economic and political behavior that arose in Argentina, Brazil, Chile, Mexico, and Venezuela. This book will be useful to those interested in comparative politics, international studies, development studies, and political economy more generally. "Jeffry Frieden weaves together a powerful theoretical framework with comparative case studies of the region's five largest debtor states. The result is the most insightful analysis to date of how the interplay between politics and economics in post-war Latin America set the stage for the dramatic events of the 1980s."--Carol Wise, Center for Politics and Policy, Claremont Graduate School
