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Author: Thomas J. Schoenbaum
Publisher: Edward Elgar Publishing
ISBN: 1781951454
Category : Political Science
Languages : en
Pages : 225
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Book Description
This provocative look at the global financial crisis argues that the United States, the European Union and Japan have intentionally and unwittingly adopted wrong-headed economic policies in a futile attempt to deal with sovereign debt resulting from the global financial crisis. It offers persuasive evidence of how the politics of austerity fail to encourage economic recovery, and proposes instead a number of alternative ideas and solutions. The book begins with a detailed breakdown of the financial crisis and the government response in the United States, with particular focus on the Dodd-Frank Wall Street Reform and Consumer Protection Act. The author then puts forth a basic three-part plan calling for (1) fundamental tax and entitlement reform; (2) massive economic stimulus in the form of public and private investment to modernize the countryÍs aging infrastructures; and (3) mortgage relief to revitalize the nationÍs housing markets. The book concludes with specific policy proposals designed to achieve these goals and return the US economy to a state of full employment and robust economic growth. This timely and insightful volume will appeal to students and scholars of economics, public policy and finance, as well as anyone with an interest in the recent economic history of the United States.
Author: Thomas J. Schoenbaum
Publisher: Edward Elgar Publishing
ISBN: 1781951454
Category : Political Science
Languages : en
Pages : 225
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Book Description
This provocative look at the global financial crisis argues that the United States, the European Union and Japan have intentionally and unwittingly adopted wrong-headed economic policies in a futile attempt to deal with sovereign debt resulting from the global financial crisis. It offers persuasive evidence of how the politics of austerity fail to encourage economic recovery, and proposes instead a number of alternative ideas and solutions. The book begins with a detailed breakdown of the financial crisis and the government response in the United States, with particular focus on the Dodd-Frank Wall Street Reform and Consumer Protection Act. The author then puts forth a basic three-part plan calling for (1) fundamental tax and entitlement reform; (2) massive economic stimulus in the form of public and private investment to modernize the countryÍs aging infrastructures; and (3) mortgage relief to revitalize the nationÍs housing markets. The book concludes with specific policy proposals designed to achieve these goals and return the US economy to a state of full employment and robust economic growth. This timely and insightful volume will appeal to students and scholars of economics, public policy and finance, as well as anyone with an interest in the recent economic history of the United States.
Author: John Karl Scholz
Publisher: Edward Elgar Publishing
ISBN: 1784717576
Category : Political Science
Languages : en
Pages : 317
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Book Description
Social Policies in an Age of Austerity is the first major publication on the topic, with a particular interest in the United States and the Republic of Korea. The authors of the ten chapters in this book review recent developments in social policies in
Author: Wolfgang Streeck
Publisher: John Wiley & Sons
ISBN: 0745670083
Category : Political Science
Languages : en
Pages : 465
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Book Description
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.
Author: Stephen McBride
Publisher: University of Toronto Press
ISBN: 1487521952
Category : Political Science
Languages : en
Pages : 348
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Book Description
"This volume focuses on the state's role in managing the fall-out from the global economic and financial crisis since 2008. For a brief moment, roughly from 2008-2010, governments and central banks appeared to borrow from Keynes to save the global economy. The contributors, however, take the view that to see those stimulus measures as "Keynesian" is a misinterpretation. Rather, neoliberalism demonstrated considerable resiliency despite its responsibility for the deep and prolonged crisis. The "austerian" analysis of the crisis is--historical, ignores its deeper roots, and rests upon a triumph of discourse involving blame-shifting from the under-regulated private sector to public or sovereign debt--for which the public authorities are responsible."--
Author: Sylvia Walby
Publisher: John Wiley & Sons
ISBN: 150950320X
Category : Social Science
Languages : en
Pages : 174
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Book Description
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.
Author: Jodi Gardner
Publisher: Edward Elgar Publishing
ISBN: 9781839104343
Category :
Languages : en
Pages : 352
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Book Description
This book explores the complex interactions between debt and austerity, analysing the social, economic, and legal implications of governments' responses to the 2008 financial crisis. Demonstrating how the nature of debt for those on low incomes has changed radically over the last decade, the chapters provide insight into how structural inequality was exacerbated by changes in the redistributive state, the legal system, and the welfare system. The examination occurs on a number of levels and these issues are explored through the lens of power, place, and class. The authors utilize both international case studies and 'on the ground' experiences, reviewing the role of high cost credit, bailiffs, local governments, bankruptcy, and debt advice. Through the analysis of the nature and structure of debt in specific countries, it highlights important lessons for a global audience. This unique book offers a broad, multi-faceted insight into the issue of low-income debt which will greatly benefit academics in law, social policy, geography, and economics. Its focus on practical steps and potential reforms, as well as contributions from third sector organizations, will also interest practitioners, policymakers, and NGOs.
Author: Russell Foster
Publisher: Routledge
ISBN: 1351545329
Category : Political Science
Languages : en
Pages : 237
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Book Description
Empire is one of the oldest forms of political organisation and has dominated societies in all parts of the world. Yet, despite the emergence of nation-states in the eighteenth and nineteenth centuries, and the apparent end of empire with the breakup of European colonial regimes and the Soviet Union in the twentieth century, empire remains powerful in the modern world. The EUs accession policies, the United States War on Terror, Chinas economic developments in Africa, among others, draw accusations of imperial agendas. Empire is no stranger to crisis but, in recent years, the effects of global austerity have forced states, both powerful and weak, to adapt, with varying degrees of success and failure. The confusions, contradictions, and contestations which emerge from imperial crisis point to a vital question how is Austerity changing Empire and how will this shape tomorrows world?This book was published as a special issue of Global Discourse.
Author: Civitarese Matteucci Civitarese M.
Publisher:
ISBN: 9781138700598
Category : Civil rights
Languages : en
Pages : 0
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Book Description
Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- List of contributors -- Acknowledgements -- Table of cases -- Part I Introduction -- 1 Social rights, the Welfare State and European austerity -- Part II European case studies -- 2 France -- 3 Germany -- 4 Italy -- 5 Spain -- 6 The United Kingdom -- 7 Austerity, conditionality and litigation in six European countries -- Part III Theoretical discussions -- 8 Should a minimum income be unconditional? -- 9 The social dimension of fundamental rights in times of crisis -- 10 Social rights and welfare reform in times of economic crisis -- 11 The political economy of European social rights -- 12 Economic crisis and territorial asymmetrical effects on the guarantee of social rights within the European Economic and Monetary Union (EMU) -- 13 Free movement of persons and transnational solidarity in the European Union (EU): a melancholic eulogy -- Index
Author: Kevin Farnsworth
Publisher: Policy Press
ISBN: 1447319117
Category : Business & Economics
Languages : en
Pages : 196
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Book Description
The effects of the 2008 financial crisis were ameliorated by large-scale social policy interventions, which both helped limit the depth and duration of the crisis and softened its worst effects on citizens. Yet in the wake of the crisis, those very same social policies and the welfare state they support have come under attack. There is, however, reason to be optimistic, argue the contributors to Social Policy in Times of Austerity. Bringing together leading scholars engaged in the debate over austerity and the future of the welfare state, the book traces the strong currents of resistance to austerity that continue to thrive within organizations, governments, and the citizenry at large.
Author: Yanis Varoufakis
Publisher: Random House
ISBN: 1473556112
Category : Business & Economics
Languages : en
Pages : 111
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Book Description
VINTAGE MINIS: GREAT MINDS. BIG IDEAS. LITTLE BOOKS. How do we choose between what is fair and just, and what our debtors demand of us? Yanis Varoufakis was put in such a dilemma in 2015 when he became the finance minister of Greece. In this rousing book, he charts the absurdities that underpin calls for austerity, as well as his own battles with a bureaucracy bent on ignoring the human cost of its every action. Passionately outspoken and tuned to the voices of the oppressed, Varoufakis presents a guide to modern economics, and its threat to democracy, like no other. Selected from the books And the Weak Suffer What They Must? and Adults in the Room
