Author: Gregg M. Olsen
Publisher: University of Toronto Press
ISBN: 1487509855
Category : Electronic books
Languages : en
Pages : 305
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Book Description
"In wealthy nations such as Canada, the United Kingdom, and the United States, issues of poverty and homelessness have often been displaced or sidelined by the accelerating number of studies on income inequality and wealth disparity. In Poverty and Austerity amid Prosperity, Gregg M. Olsen refocuses our attention on rising levels of poverty and homelessness, suggesting what we can do to address these issues. Highlighting the important differences between Canada, the UK, and the US, this volume explores the broad and narrow ways that poverty and homelessness have been conceptualized, and how this has shaped the way they are defined, measured, and addressed in each country. After a careful examination of poverty in these three countries, the volume draws comparisons with European nations that have been more successful in keeping issues relating to poverty under control. Olsen presents and critically contrasts the two main theoretical traditions, individual versus society, that have emerged to explain poverty and homelessness. Olsen argues that societal approaches to the study of poverty are better equipped to explain the developments unfolding across these nations, and that the eradication of poverty will only happen when the socio-economic system has been seriously overhauled and founded upon economic democracy."--
Author: Ellen Hodgson Brown
Publisher:
ISBN: 9780983330868
Category : Business & Economics
Languages : en
Pages : 486
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Book Description
WHAT WALL STREET DOESN'T WANT YOU TO KNOW. Shock waves from one Wall Street scandal after another have completely disillusioned us with our banking system; yet we cannot do without banks. Nearly all money today is simply bank credit. Economies run on it, and it is created when banks make loans. The main flaw in the current model is that private profiteers have acquired control of the credit spigots. They can cut off the flow, direct it to their cronies, and manipulate it for personal gain at the expense of the producing economy. The benefits of bank credit can be maintained while eliminating these flaws, through a system of banks operated as public utilities, serving the public interest and returning their profits to the public. This book looks at the public bank alternative, and shows with examples from around the world and through history that it works admirably well, providing the key to sustained high performance for the economy and well-being for the people.
Author: Robert Kuttner
Publisher: Vintage
ISBN: 0307959813
Category : Political Science
Languages : en
Pages : 353
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Book Description
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.
Author: Mark Blyth
Publisher: Oxford University Press
ISBN: 0199389446
Category : Business & Economics
Languages : en
Pages : 305
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Book Description
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.
Author: David Stuckler
Publisher: Basic Books
ISBN: 0465063977
Category : Business & Economics
Languages : en
Pages : 242
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Book Description
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.
Author: Eugene O'Brien
Publisher: Manchester University Press
ISBN: 9780719091674
Category : History
Languages : en
Pages : 240
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Book Description
This collection examines the Celtic Tiger, the Irish economic phenomenon and the subsequent financial disaster, from a socio-cultural perspective. Employing a wide range of cultural lenses, the book critiques the cultural, political and aesthetic implications of the progression from prosperity to austerity and the impact this has had on the psyche of Irish culture. An eclectic mix of theoretical approaches enables treatment of religion, literature, popular culture, photography, gastronomy, music, gender, immigration and film, as contributors assess how the Celtic Tiger was represented, or misrepresented, in these particular spheres of experience. This book will be of interest to academics and students who are interested in contemporary Ireland and recent Irish history, as well as to the general reader anxious to understand the effects of this period on the real lives of people as expressed through culture. It features contributions by internationally acknowledged experts in their fields and offers a comprehensive overview of the cultural consequences of the Celtic Tiger and its aftermath.
Author: Bea Cantillon
Publisher: Oxford University Press
ISBN: 0192518887
Category : Business & Economics
Languages : en
Pages : 363
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Book Description
The 2008 financial crisis triggered the worst global recession since the Great Depression. Many OECD countries responded to the crisis by reducing social spending. Through 11 diverse country case studies (Belgium, Germany, Greece, Hungary, Ireland, Italy, Japan, Spain, Sweden, United Kingdom, and the United States), this volume describes the evolution of child poverty and material well-being during the crisis, and links these outcomes with the responses by governments. The analysis underlines that countries with fragmented social protection systems were less able to protect the incomes of households with children at the time when unemployment soared. In contrast, countries with more comprehensive social protection cushioned the impact of the crisis on households with children, especially if they had implemented fiscal stimulus packages at the onset of the crisis. Although the macroeconomic 'shock' itself and the starting positions differed greatly across countries, while the responses by governments covered a very wide range of policy levers and varied with their circumstances, cuts in social spending and tax increases often played a major role in the impact that the crisis had on the living standards of families and children.
Author: Ludwig Erhard
Publisher: Ludwig von Mises Institute
ISBN: 1610163532
Category : Germany
Languages : en
Pages : 277
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Book Description
Author: Stephan Lessenich
Publisher: John Wiley & Sons
ISBN: 1509525653
Category : Social Science
Languages : en
Pages : 190
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Book Description
At the heart of developed societies lies an insatiable drive for wealth and prosperity. Yet in a world ruled by free-market economics, there are always winners and losers. The benefits enjoyed by the privileged few come at the expense of the many. In this important new book, Stephan Lessenich shows how our wealth and affluence are built overwhelmingly at the expense of those in less-developed countries and regions of the world. His theory of ‘externalization’ demonstrates how the negative consequences of our lifestyles are directly transferred onto the world’s poorest. From the destruction of habitats caused by the massive increase in demand for soy and palm oil to the catastrophic impact of mining, Lessenich shows how the Global South has borne the brunt of our success. Yet, as we see from the mass movements of people across the world, we can no longer ignore the environmental and social toll of our prosperity. Lessenich’s highly original account of the structure and dynamics of global inequality highlights the devastating consequences of the affluent lifestyles of the West and reminds us of our far-reaching political responsibilities in an increasingly interconnected world.
Author: David Kynaston
Publisher: Bloomsbury Publishing USA
ISBN: 0802779581
Category : History
Languages : en
Pages : 705
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Book Description
As much as any country, England bore the brunt of Germany's aggression in World War II, and was ravaged in many ways at the war's end. Celebrated historian David Kynaston has written an utterly original, and compellingly readable, account of the following six years, during which the country rebuilt itself. Kynaston's great genius is to chronicle the country's experience from bottom to top: coursing through through the book, therefore, is an astonishing variety of ordinary, contemporary voices, eloquently and passionately evincing the country's remarkable spirit. Judy Haines, a Chingford housewife, gamely endures the tribulations of rationing; Mary King, a retired schoolteacher in Birmingham, observes how well-fed the Queen looks during a royal visit; Henry St. John, a persnickety civil servant in Bristol, is oblivious to anyone's troubles but his own. Together they present a portrait of an indomitable people and Kynaston skillfully links their stories to bigger events thought the country. Their stories also jostle alongside those of more well-known figures like celebrated journalist-to-be John Arlott (making his first radio broadcast), Glenda Jackson, and Doris Lessing, newly arrived from Africa and struck by the leveling poverty of post-war Britain. Kynaston deftly weaves into his story a sophisticated narrative of how the 1945 Labour government shaped the political, economic, and social landscape for the next three decades.
