Counterrevolution: extravagance and austerity in public finance
"This book seeks to explain the combination of austerity and extravagance that characterizes government spending and central bank monetary policy in our times."
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York
Zone Books
[2024]
|
| Schriftenreihe: | Near futures
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Zusammenfassung: | "This book seeks to explain the combination of austerity and extravagance that characterizes government spending and central bank monetary policy in our times." "A thorough investigation of the current combination of austerity and extravagance that characterizes government spending and central bank monetary policy. At the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. While, to this day, welfare states do penance for fiscal sins, a closer look at the period of neoliberal ascendancy reveals a deep paradox. For all their pledges to contain debt and stamp out inflation, fiscal and monetary authorities have persistently violated their own moral code to indulge the interests of financial asset holders. Though mere wage earners are condemned to grinding austerity, wealthy investors inhabit a parallel universe of extravagant possibility. Melinda Cooper reads the neoliberal turn in public finance as a counterrevolutionary project-a trauma response to the turmoil of the late 1960s and early 1970s. The book focuses on the role of public choice theory and supply-side economics in driving this counterrevolution and orchestrating the distribution of extravagance and austerity. Neoliberal public finance has not only deepened the divide between rich and poor. It has also reshaped the organizational form of capitalism itself. Dynastic capitalism is back with a vengeance, reckless as in the gilded age but much more actively subsidized by the state.Far-reaching as the neoliberal counterrevolution has been, Cooper still identifies a counterfactual history of unrealized possibilities in the capitalist crisis of the 1970s. She concludes by inviting us to rethink the concept of revolution and raises the question: is another politics of extravagance possible?" |
| Beschreibung: | 564 Seiten |
| ISBN: | 9781942130932 |
Internformat
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Datensatz im Suchindex
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| author | Cooper, Melinda 1971- |
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| building | Verbundindex |
| bvnumber | BV049758224 |
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| discipline | Politologie |
| format | Book |
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| spelling | Cooper, Melinda 1971- Verfasser (DE-588)1155113535 aut Counterrevolution extravagance and austerity in public finance Melinda Cooper New York Zone Books [2024] 564 Seiten txt rdacontent n rdamedia nc rdacarrier Near futures "This book seeks to explain the combination of austerity and extravagance that characterizes government spending and central bank monetary policy in our times." "A thorough investigation of the current combination of austerity and extravagance that characterizes government spending and central bank monetary policy. At the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. While, to this day, welfare states do penance for fiscal sins, a closer look at the period of neoliberal ascendancy reveals a deep paradox. For all their pledges to contain debt and stamp out inflation, fiscal and monetary authorities have persistently violated their own moral code to indulge the interests of financial asset holders. Though mere wage earners are condemned to grinding austerity, wealthy investors inhabit a parallel universe of extravagant possibility. Melinda Cooper reads the neoliberal turn in public finance as a counterrevolutionary project-a trauma response to the turmoil of the late 1960s and early 1970s. The book focuses on the role of public choice theory and supply-side economics in driving this counterrevolution and orchestrating the distribution of extravagance and austerity. Neoliberal public finance has not only deepened the divide between rich and poor. It has also reshaped the organizational form of capitalism itself. Dynastic capitalism is back with a vengeance, reckless as in the gilded age but much more actively subsidized by the state.Far-reaching as the neoliberal counterrevolution has been, Cooper still identifies a counterfactual history of unrealized possibilities in the capitalist crisis of the 1970s. She concludes by inviting us to rethink the concept of revolution and raises the question: is another politics of extravagance possible?" Neoliberalismus (DE-588)4171438-6 gnd rswk-swf Öffentlicher Haushalt (DE-588)4043173-3 gnd rswk-swf USA (DE-588)4078704-7 gnd rswk-swf Haushaltskonsolidierung / (DE-627)091365570 / (DE-2867)11731-6 Öffentliche Finanzen / (DE-627)091380936 / (DE-2867)11540-6 Angebotsorientierte Wirtschaftspolitik / (DE-627)091346940 / (DE-2867)10377-3 USA / (DE-627)091396867 / (DE-2867)17829-1 Finance, public / United States / History / 20th century Neoliberalism / United States Supply-side economics / United States POLITICAL SCIENCE / History & Theory PHILOSOPHY / Political United States / Economic policy / 1971-1981 USA (DE-588)4078704-7 g Öffentlicher Haushalt (DE-588)4043173-3 s Neoliberalismus (DE-588)4171438-6 s DE-604 DE-601 pdf/application http://www.gbv.de/dms/bowker/toc/9781942130932.pdf 2024-05-28 Aggregator Inhaltsverzeichnis |
| spellingShingle | Cooper, Melinda 1971- Counterrevolution extravagance and austerity in public finance Neoliberalismus (DE-588)4171438-6 gnd Öffentlicher Haushalt (DE-588)4043173-3 gnd |
| subject_GND | (DE-588)4171438-6 (DE-588)4043173-3 (DE-588)4078704-7 |
| title | Counterrevolution extravagance and austerity in public finance |
| title_auth | Counterrevolution extravagance and austerity in public finance |
| title_exact_search | Counterrevolution extravagance and austerity in public finance |
| title_full | Counterrevolution extravagance and austerity in public finance Melinda Cooper |
| title_fullStr | Counterrevolution extravagance and austerity in public finance Melinda Cooper |
| title_full_unstemmed | Counterrevolution extravagance and austerity in public finance Melinda Cooper |
| title_short | Counterrevolution |
| title_sort | counterrevolution extravagance and austerity in public finance |
| title_sub | extravagance and austerity in public finance |
| topic | Neoliberalismus (DE-588)4171438-6 gnd Öffentlicher Haushalt (DE-588)4043173-3 gnd |
| topic_facet | Neoliberalismus Öffentlicher Haushalt USA |
| url | http://www.gbv.de/dms/bowker/toc/9781942130932.pdf |
| work_keys_str_mv | AT coopermelinda counterrevolutionextravaganceandausterityinpublicfinance |