The Rise And Fall Of Global Austerity

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The Rise And Fall Of Global Austerity

Author : E Ray Canterbery
Publisher : World Scientific
ISBN 13 : 9814603503
Total Pages : 313 pages
Book Rating : 4.8/5 (146 download)

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Book Synopsis The Rise And Fall Of Global Austerity by : E Ray Canterbery

Download or read book The Rise And Fall Of Global Austerity written by E Ray Canterbery and published by World Scientific. This book was released on 2014-12-15 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its onset in late 2007, few expected the Great Recession to be protracted for over half a decade across the world. The Rise and Fall of Global Austerity explains the origins and history of austerity, severe implications of the idea of it and how the continuation of the Great Recession was a by-product of austerity measures. Covering austerity policies that are in place in the United States, Europe, and other countries, E Ray Canterbery explains why austerity is detrimental for economies, economic policy and the general health of populations around the world. He highlights the connection between public debt and austerity policies and shows how the austerity lobby works in the United States to achieve its goals. Besides presenting a critique of the rationale for austerity, Canterbery also recommends monetary, fiscal, and incomes policy remedies, and stresses why economic growth and full employment are more ideal and pragmatic antidotes to the Great Recession.

Austerity

Author : Mark Blyth
Publisher : Oxford University Press
ISBN 13 : 0199389446
Total Pages : 305 pages
Book Rating : 4.1/5 (993 download)

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Book Synopsis Austerity by : Mark Blyth

Download or read book Austerity written by Mark Blyth and published by Oxford University Press. This book was released on 2015 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009. The issue is at the crux about how to emerge from the Great Recession, and will drive the debate for the foreseeable future.

Contours of Descent

Author : Robert Pollin
Publisher : Verso
ISBN 13 : 9781844675340
Total Pages : 292 pages
Book Rating : 4.6/5 (753 download)

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Book Synopsis Contours of Descent by : Robert Pollin

Download or read book Contours of Descent written by Robert Pollin and published by Verso. This book was released on 2005-10-17 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concepts of modernity and modernism are among the most controversial and vigorously debated in contemporary philosophy and cultural theory. In this new, muscular intervention, Pollin explores these notions in a fresh and illuminating manner.

Contours of Descent

Author : Robert Pollin
Publisher : Verso
ISBN 13 : 9781859846735
Total Pages : 268 pages
Book Rating : 4.8/5 (467 download)

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Book Synopsis Contours of Descent by : Robert Pollin

Download or read book Contours of Descent written by Robert Pollin and published by Verso. This book was released on 2003 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: The concepts of modernity and modernism are among the most controversial and vigorously debated in contemporary philosophy and cultural theory. In this new, muscular intervention, Pollin explores these notions in a fresh and illuminating manner.

The Violence of Austerity

Author : Vickie Cooper
Publisher :
ISBN 13 : 9780745337463
Total Pages : 256 pages
Book Rating : 4.3/5 (374 download)

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Book Synopsis The Violence of Austerity by : Vickie Cooper

Download or read book The Violence of Austerity written by Vickie Cooper and published by . This book was released on 2017-05-20 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Austerity, a response to the aftermath of the financial crisis, continues to devastate contemporary Britain.In The Violence of Austerity, Vickie Cooper and David Whyte bring together the voices of campaigners and academics including Danny Dorling, Mary O'Hara and Rizwaan Sabir to show that rather than stimulating economic growth, austerity policies have led to a dismantling of the social systems that operated as a buffer against economic hardship, exposing austerity to be a form of systematic violence.Covering a range of famous cases of institutional violence in Britain, the book argues that police attacks on the homeless, violent evictions in the rented sector, the risks faced by people on workfare schemes, community violence in Northern Ireland and cuts to the regulation of social protection, are all being driven by reductions in public sector funding. The result is a shocking expos� of the myriad ways in which austerity policies harm people in Britain.

The Age of Austerity

Author : Thomas Byrne Edsall
Publisher : Anchor
ISBN 13 : 0385535201
Total Pages : 320 pages
Book Rating : 4.3/5 (855 download)

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Book Synopsis The Age of Austerity by : Thomas Byrne Edsall

Download or read book The Age of Austerity written by Thomas Byrne Edsall and published by Anchor. This book was released on 2012-01-10 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of our most prescient political observers provides a sobering account of how pitched battles over scarce resources will increasingly define American politics in the coming years—and how we might avoid, or at least mitigate, the damage from these ideological and economic battles. In a matter of just three years, a bitter struggle over limited resources has enveloped political discourse at every level in the United States. Fights between haves and have-nots over health care, unemployment benefits, funding for mortgage write-downs, economic stimulus legislation—and, at the local level, over cuts in police protection, garbage collection, and in the number of teachers—have dominated the debate. Elected officials are being forced to make zero-sum choices—or worse, choices with no winners. Resource competition between Democrats and Republicans has left each side determined to protect what it has at the expense of the other. The major issues of the next few years—long-term deficit reduction; entitlement reform, notably of Social Security, Medicare, and Medicaid; major cuts in defense spending; and difficulty in financing a continuation of American international involvement—suggest that your-gain-is-my-loss politics will inevitably intensify.

The Body Economic

Author : David Stuckler
Publisher : Basic Books
ISBN 13 : 0465063977
Total Pages : 242 pages
Book Rating : 4.4/5 (65 download)

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Book Synopsis The Body Economic by : David Stuckler

Download or read book The Body Economic written by David Stuckler and published by Basic Books. This book was released on 2013-05-21 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Politicians have talked endlessly about the seismic economic and social impacts of the recent financial crisis, but many continue to ignore its disastrous effects on human health—and have even exacerbated them, by adopting harsh austerity measures and cutting key social programs at a time when constituents need them most. The result, as pioneering public health experts David Stuckler and Sanjay Basu reveal in this provocative book, is that many countries have turned their recessions into veritable epidemics, ruining or extinguishing thousands of lives in a misguided attempt to balance budgets and shore up financial markets. Yet sound alternative policies could instead help improve economies and protect public health at the same time. In The Body Economic, Stuckler and Basu mine data from around the globe and throughout history to show how government policy becomes a matter of life and death during financial crises. In a series of historical case studies stretching from 1930s America, to Russia and Indonesia in the 1990s, to present-day Greece, Britain, Spain, and the U.S., Stuckler and Basu reveal that governmental mismanagement of financial strife has resulted in a grim array of human tragedies, from suicides to HIV infections. Yet people can and do stay healthy, and even get healthier, during downturns. During the Great Depression, U.S. deaths actually plummeted, and today Iceland, Norway, and Japan are happier and healthier than ever, proof that public wellbeing need not be sacrificed for fiscal health. Full of shocking and counterintuitive revelations and bold policy recommendations, The Body Economic offers an alternative to austerity—one that will prevent widespread suffering, both now and in the future.

Politics in the Age of Austerity

Author : Wolfgang Streeck
Publisher : John Wiley & Sons
ISBN 13 : 0745670083
Total Pages : 465 pages
Book Rating : 4.7/5 (456 download)

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Book Synopsis Politics in the Age of Austerity by : Wolfgang Streeck

Download or read book Politics in the Age of Austerity written by Wolfgang Streeck and published by John Wiley & Sons. This book was released on 2013-05-09 with total page 465 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a world of increasing austerity measures, democratic politics comes under pressure. With the need to consolidate budgets and to accommodate financial markets, the responsiveness of governments to voters declines. However, democracy depends on choice. Citizens must be able to influence the course of government through elections and if a change in government cannot translate into different policies, democracy is incapacitated. Many mature democracies are approaching this situation as they confront fiscal crisis. For almost three decades, OECD countries have - in fits and starts - run deficits and accumulated debt. As a result, an ever smaller part of government revenue is available today for discretionary spending and social investment and whichever party comes into office will find its hands tied by past decisions. The current financial and fiscal crisis has exacerbated the long-term shrinking government discretion; projects for political change have lost credibility. Many citizens are aware of this situation: they turn away from party politics and stay at home on Election Day. With contributions from leading scholars in the forefront of sociology, politics and economics, this timely book will be of great interest to students and scholars throughout the social sciences as well as general readers.

The Rise and Fall of Neoliberal Capitalism

Author : David M. Kotz
Publisher : Harvard University Press
ISBN 13 : 0674980018
Total Pages : 291 pages
Book Rating : 4.6/5 (749 download)

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Book Synopsis The Rise and Fall of Neoliberal Capitalism by : David M. Kotz

Download or read book The Rise and Fall of Neoliberal Capitalism written by David M. Kotz and published by Harvard University Press. This book was released on 2017 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financial and economic collapse that began in the United States in 2008 and spread to the rest of the world continues to burden the global economy. David Kotz, who was one of the few academic economists to predict it, argues that the ongoing economic crisis is not simply the aftermath of financial panic and an unusually severe recession but instead is a structural crisis of neoliberal, or free-market, capitalism. Consequently, continuing stagnation cannot be resolved by policy measures alone. It requires major institutional restructuring. "Kotz's book will reward careful study by everyone interested in the question of stages in the history of capitalism." --Edwin Dickens, Science & Society "Whereas others] suggest that the downfall of the postwar system in Europe and the United States is the result of the triumph of ideas, Kotz argues persuasively that it is actually the result of the exercise of power by those who benefit from the capitalist economic organization of society. The analysis and evidence he brings to bear in support of the role of power exercised by business and political leaders is a most valuable aspect of this book--one among many important contributions to our knowledge that makes it worthwhile." --Michael Meeropol, Challenge

Crisis

Author : Sylvia Walby
Publisher : John Wiley & Sons
ISBN 13 : 150950320X
Total Pages : 174 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis Crisis by : Sylvia Walby

Download or read book Crisis written by Sylvia Walby and published by John Wiley & Sons. This book was released on 2015-10-30 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are living in a time of crisis which has cascaded through society. Financial crisis has led to an economic crisis of recession and unemployment; an ensuing fiscal crisis over government deficits and austerity has led to a political crisis which threatens to become a democratic crisis. Borne unevenly, the effects of the crisis are exacerbating class and gender inequalities. Rival interpretations – a focus on ‘austerity’ and reduction in welfare spending versus a focus on ‘financial crisis’ and democratic regulation of finance – are used to justify radically diverse policies for the distribution of resources and strategies for economic growth, and contested gender relations lie at the heart of these debates. The future consequences of the crisis depend upon whether there is a deepening of democratic institutions, including in the European Union. Sylvia Walby offers an alternative framework within which to theorize crisis, drawing on complexity science and situating this within the wider field of study of risk, disaster and catastrophe. In doing so, she offers a critique and revision of the social science needed to understand the crisis.

Fear City

Author : Kim Phillips-Fein
Publisher : Macmillan + ORM
ISBN 13 : 0805095268
Total Pages : 302 pages
Book Rating : 4.8/5 (5 download)

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Book Synopsis Fear City by : Kim Phillips-Fein

Download or read book Fear City written by Kim Phillips-Fein and published by Macmillan + ORM. This book was released on 2017-04-18 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: PULITZER PRIZE FINALIST An epic, riveting history of New York City on the edge of disaster—and an anatomy of the austerity politics that continue to shape the world today When the news broke in 1975 that New York City was on the brink of fiscal collapse, few believed it was possible. How could the country’s largest metropolis fail? How could the capital of the financial world go bankrupt? Yet the city was indeed billions of dollars in the red, with no way to pay back its debts. Bankers and politicians alike seized upon the situation as evidence that social liberalism, which New York famously exemplified, was unworkable. The city had to slash services, freeze wages, and fire thousands of workers, they insisted, or financial apocalypse would ensue. In this vivid account, historian Kim Phillips-Fein tells the remarkable story of the crisis that engulfed the city. With unions and ordinary citizens refusing to accept retrenchment, the budget crunch became a struggle over the soul of New York, pitting fundamentally opposing visions of the city against each other. Drawing on never-before-used archival sources and interviews with key players in the crisis, Fear City shows how the brush with bankruptcy permanently transformed New York—and reshaped ideas about government across America. At once a sweeping history of some of the most tumultuous times in New York's past, a gripping narrative of last-minute machinations and backroom deals, and an origin story of the politics of austerity, Fear City is essential reading for anyone seeking to understand the resurgent fiscal conservatism of today.

Austerity Measures

Author : Karen Van Dyck
Publisher : New York Review of Books
ISBN 13 : 1681371146
Total Pages : 497 pages
Book Rating : 4.6/5 (813 download)

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Book Synopsis Austerity Measures by : Karen Van Dyck

Download or read book Austerity Measures written by Karen Van Dyck and published by New York Review of Books. This book was released on 2017-03-28 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: A remarkable collection of poetic voices from contemporary Greece, Austerity Measures is a one-of-a-kind window into the creative energy that has arisen from the country's decade of crisis and a glimpse into what it is like to be Greek today. The 2008 debt crisis shook Greece to the core and went on to shake the world. More recently, Greece has become one of the main channels into Europe for refugees from poverty and war. Greece stands at the center of today’s most intractable conflicts, and this situation has led to a truly extraordinary efflorescence of innovative and powerfully moving Greek poetry. Karen Van Dyck’s wide-ranging bilingual anthology—which covers the whole contemporary Greek poetry scene, from literary poets to poets of the spoken word to poets online, and more—offers an unequaled sampling of some of the richest and most exciting poetry of our time.

Debtors' Prison

Author : Robert Kuttner
Publisher : Vintage
ISBN 13 : 0307959813
Total Pages : 353 pages
Book Rating : 4.3/5 (79 download)

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Book Synopsis Debtors' Prison by : Robert Kuttner

Download or read book Debtors' Prison written by Robert Kuttner and published by Vintage. This book was released on 2013-04-30 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: One of our foremost economic thinkers challenges a cherished tenet of today’s financial orthodoxy: that spending less, refusing to forgive debt, and shrinking government—“austerity”—is the solution to a persisting economic crisis like ours or Europe’s, now in its fifth year. Since the collapse of September 2008, the conversation about economic recovery has centered on the question of debt: whether we have too much of it, whose debt to forgive, and how to cut the deficit. These questions dominated the sound bites of the 2012 U.S. presidential election, the fiscal-cliff debates, and the perverse policies of the European Union. Robert Kuttner makes the most powerful argument to date that these are the wrong questions and that austerity is the wrong answer. Blending economics with historical contrasts of effective debt relief and punitive debt enforcement, he makes clear that universal belt-tightening, as a prescription for recession, defies economic logic. And while the public debt gets most of the attention, it is private debts that crashed the economy and are sandbagging the recovery—mortgages, student loans, consumer borrowing to make up for lagging wages, speculative shortfalls incurred by banks. As Kuttner observes, corporations get to use bankruptcy to walk away from debts. Homeowners and small nations don’t. Thus, we need more public borrowing and investment to revive a depressed economy, and more forgiveness and reform of the overhang of past debts. In making his case, Kuttner uncovers the double standards in the politics of debt, from Robinson Crusoe author Daniel Defoe’s campaign for debt forgiveness in the seventeenth century to the two world wars and Bretton Woods. Just as debtors’ prisons once prevented individuals from surmounting their debts and resuming productive life, austerity measures shackle, rather than restore, economic growth—as the weight of past debt crushes the economy’s future potential. Above all, Kuttner shows how austerity serves only the interest of creditors—the very bankers and financial elites whose actions precipitated the collapse. Lucid, authoritative, provocative—a book that will shape the economic conversation and the search for new solutions.

The Global Life of Austerity

Author : Theodoros Rakopoulos
Publisher : Berghahn Books
ISBN 13 : 1785338714
Total Pages : 155 pages
Book Rating : 4.7/5 (853 download)

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Book Synopsis The Global Life of Austerity by : Theodoros Rakopoulos

Download or read book The Global Life of Austerity written by Theodoros Rakopoulos and published by Berghahn Books. This book was released on 2018-06-18 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: Austerity and structural adjustment programs are just the latest forms of neoliberal policy to have a profoundly damaging impact on the targeted populations. Yet, as the contributors to this collection argue, the recent austerity-related European crisis is not a breach of erstwhile development schemes, but a continuation of economic policies. Using historical analysis and ethnographically-grounded research, this volume shows the similarities of the European conundrum with realities outside Europe, seeing austerity in a non-Eurocentric fashion. In doing so, it offers novel insights as to how economic crises are experienced at a global level.

Austerity

Author : Suzanne J. Konzelmann
Publisher : John Wiley & Sons
ISBN 13 : 1509534881
Total Pages : 148 pages
Book Rating : 4.5/5 (95 download)

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Book Synopsis Austerity by : Suzanne J. Konzelmann

Download or read book Austerity written by Suzanne J. Konzelmann and published by John Wiley & Sons. This book was released on 2019-10-14 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: Austerity has been at the center of political controversy following the 2008 financial crisis, invoked by politicians and academics across the political spectrum as the answer to, or cause of, our post-crash economic malaise. However, despite being the cause of debate for more than three centuries, austerity remains a poorly understood concept. In this book, Suzanne J. Konzelmann aims to demystify austerity as an economic policy, a political idea, and a social phenomenon. Beginning with an analysis of political and socioeconomic history from the seventeenth century, she explains the economics of austerity in the context of the overall dynamics of state spending, tax, and debt. Using comparative case studies from around the world, ranging from the 1930s to post-2008, she then evaluates the outcomes of austerity in light of its stated objectives and analyzes the conditions under which it doesn’t – and occasionally does – work. This accessible introduction to austerity will be essential reading for students and scholars of political economy, economics, and politics, as well as all readers interested in current affairs.

Austerity Ecology & the Collapse-Porn Addicts

Author : Leigh Phillips
Publisher : John Hunt Publishing
ISBN 13 : 1782799613
Total Pages : 269 pages
Book Rating : 4.7/5 (827 download)

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Book Synopsis Austerity Ecology & the Collapse-Porn Addicts by : Leigh Phillips

Download or read book Austerity Ecology & the Collapse-Porn Addicts written by Leigh Phillips and published by John Hunt Publishing. This book was released on 2015-10-30 with total page 269 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth, progress, industry and, erm, stuff have all come in for a sharp kicking from the green left and beyond in recent years. Everyone from black-hoodied Starbucks window-smashers to farmers' market heirloom-tomato-mongers to Prince Charles himself seem to be embracing 'degrowth' and anti-consumerism, which is nothing less than a form of ecological austerity. Meanwhile, the back-to-the-land ideology and aesthetic of locally-woven organic carrot-pants, pathogen-encrusted compost toilets and civilisational collapse is hegemonic. Yet modernity is not the cause of climate change and the wider biocrisis. It is indeed capitalism that is the source of our environmental woes, but capitalism as a mode of production, not the fuzzy understanding of capitalism of Naomi Klein, Bill McKibben, Derrick Jensen, Paul Kingsnorth and their anarcho-liberal epigones as a sort of globalist corporate malfeasance. In combative and puckish style, science journalist Leigh Phillips marshals evidence from climate science, ecology, paleoanthropology, agronomy, microbiology, psychology, history, the philosophy of mathematics, and heterodox economics to argue that progressives must rediscover their historic, Promethean ambitions and counter this reactionary neo-Malthusian ideology that not only retards human flourishing, but won't save the planet anyway. We want to take over the machine and run it rationally, not turn the machine off.

George Osborne

Author : Janan Ganesh
Publisher : Biteback Publishing
ISBN 13 : 1849544867
Total Pages : 205 pages
Book Rating : 4.8/5 (495 download)

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Book Synopsis George Osborne by : Janan Ganesh

Download or read book George Osborne written by Janan Ganesh and published by Biteback Publishing. This book was released on 2012-09-24 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Ganesh's dissection of what has driven the intellectual and political revival of the Tories is forensic and incisive."- Anne McElvoy, Mail on Sunday"A lively account of the Chancellor's career ... contains a great deal of fascinating new information."- Peter Oborne, Daily Telegraph George Osborne is the most controversial Chancellor of the Exchequer since the Second World War. His austere policies have incited international debate, and his political influence over the government provokes resentment. He is also a survivor with an eye on the premiership. Having authored the most hated Budget of recent times, he now presides over a recovering economy.This is the story of Osborne's breathless ascent to power: a journey driven by luck, guile, resilience, daring and ferocious ambition. As a back-room adviser, MP and Cabinet member, he has enjoyed a starring role or front-row seat at all the Tory dramas since the fall of Thatcher and the dog days of the Major government, from the party's long years in opposition to its eventual and incomplete resurrection. Yet rarely have voters known so little about a politician with such sway over their lives and livelihoods.Fully updated to include Osborne's role in the economic recovery, his appointment of Mark Carney as Governor of the Bank of England, and his prospects as a future Prime Minister, this biography makes sense of a man who is both a personal enigma and a political machine. Based on exhaustive research and access to the innermost parts of the government, it tells the story of George Osborne and the era he has helped to shape.