The Contradictions Of Austerity

Author : Jeffrey Sommers
Publisher : Routledge
ISBN 13 : 131780015X
Total Pages : 200 pages
Book Rating : 4.56/5 ( download)

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Download or read book The Contradictions of Austerity written by Jeffrey Sommers and published by Routledge. This book was released on 2014-04-24 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: The great financial crisis of 2008 and the ensuing global economic and financial turmoil have launched a search for "models" for recovery. The advocates of austerity present the Baltic States as countries that through discipline and sacrifice showed the way out of crisis. They have proposed the "Baltic model" of radical public sector cuts, wage reductions, labor market reforms and reductions in living standards for other troubled Eurozone countries to emulate. Yet, the reality of the Baltic "austerity fix" has been neither fully accepted by its peoples, nor is it fully a success. This book explains why and what are the real social and economic costs of the Baltic austerity model. We examine each of the Baltic States by connecting national level studies within a European and global political economy, thereby delivering comparative breadth that supersedes localized understandings of the crisis. Thus for each of the three Baltic states, individual chapters explore the different economic and social dimensions of neo-liberal post-communism and the subsequent wider global economic and financial crisis in which these newly financialized economies have found themselves especially vulnerable. The "austerity model" adopted by Baltic national governments in response to the crisis reveals the profound vulnerabilities created by their unwavering commitment to liberalized economies, not least in terms of the significant "exit" of their labor forces and consequent population loss. This book looks beyond basic financial metrics claiming a success story for the Baltic austerity model to reveal the damaging economic and social consequences, first of neo-liberal policies adopted during transition, and latterly of austerity measures based on "internal devaluation." Combined these policies undermine the possibility of longer-term recovery and even social and economic sustainability, not to mention prospects for successful integration in the now-faltering European project that has departed from its "Social Model" roots.

Author : Jeffrey Sommers
Publisher : Routledge
ISBN 13 : 1317800141
Total Pages : 179 pages
Book Rating : 4.49/5 ( download)

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Download or read book The Contradictions of Austerity written by Jeffrey Sommers and published by Routledge. This book was released on 2014-04-24 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: The great financial crisis of 2008 and the ensuing global economic and financial turmoil have launched a search for "models" for recovery. The advocates of austerity present the Baltic States as countries that through discipline and sacrifice showed the way out of crisis. They have proposed the "Baltic model" of radical public sector cuts, wage reductions, labor market reforms and reductions in living standards for other troubled Eurozone countries to emulate. Yet, the reality of the Baltic "austerity fix" has been neither fully accepted by its peoples, nor is it fully a success. This book explains why and what are the real social and economic costs of the Baltic austerity model. We examine each of the Baltic States by connecting national level studies within a European and global political economy, thereby delivering comparative breadth that supersedes localized understandings of the crisis. Thus for each of the three Baltic states, individual chapters explore the different economic and social dimensions of neo-liberal post-communism and the subsequent wider global economic and financial crisis in which these newly financialized economies have found themselves especially vulnerable. The "austerity model" adopted by Baltic national governments in response to the crisis reveals the profound vulnerabilities created by their unwavering commitment to liberalized economies, not least in terms of the significant "exit" of their labor forces and consequent population loss. This book looks beyond basic financial metrics claiming a success story for the Baltic austerity model to reveal the damaging economic and social consequences, first of neo-liberal policies adopted during transition, and latterly of austerity measures based on "internal devaluation." Combined these policies undermine the possibility of longer-term recovery and even social and economic sustainability, not to mention prospects for successful integration in the now-faltering European project that has departed from its "Social Model" roots.

Author : J. Drahokoupil
Publisher : Springer
ISBN 13 : 0230228755
Total Pages : 309 pages
Book Rating : 4.57/5 ( download)

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Download or read book Contradictions and Limits of Neoliberal European Governance written by J. Drahokoupil and published by Springer. This book was released on 2008-11-27 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: An ambitious volume that sets out to analyse the nature, contradictions and limits of neoliberal governance in the EU. The analysis covers the changing geopolitical and geo-economic context, the Lisbon agenda and the contestation and mobilization against the European project, such as manifested in the national resistance against the constitution.

Author : Bilić, Paško
Publisher : Policy Press
ISBN 13 : 1529212375
Total Pages : 230 pages
Book Rating : 4.72/5 ( download)

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Download or read book The Political Economy of Digital Monopolies written by Bilić, Paško and published by Policy Press. This book was released on 2021-07-16 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: As outrage over the socially damaging practices of technology companies intensifies, this book asks what it actually means to hold a 'monopoly' in the tech world and offers an in-depth analysis of how these corporate giants are produced, financialized, and regulated.

Author : Richard Westra
Publisher : Taylor & Francis
ISBN 13 : 1315397331
Total Pages : 224 pages
Book Rating : 4.37/5 ( download)

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Download or read book Varieties of Alternative Economic Systems written by Richard Westra and published by Taylor & Francis. This book was released on 2017-07-14 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this age of overlapping and mutually reinforcing deep global crises (financial convulsions, global warming, mass migrations, militarism, inequality, selfish nation-states, etc.), there needs to be more realistic dialogue about radical alternatives to the status quo. Most literature produced heretofore has focused on the surface causes of these crises without much attention given to the sorts of major societal changes needed in order to deal with the crises we face. This book moves the debate beyond the critiques and the false or not fully realised alternatives, to focus on what can be termed "practical utopias". The contributors to this book outline a range of practical proposals for constructing pathways out of the global economic, ecological and social crisis. Varieties of Alternative Economic Systems eschews a single blueprint but insists on dealing directly with the deep structural problems and contradictions of contemporary global capitalism. It provides a diverse array of complementary proposals and perspectives that can inform both theoretical thinking and practical action. This volume will be of interest to academics and students who study political science, ecological economics, international politics and socialism.

Author : David Harvey
Publisher : Oxford University Press, USA
ISBN 13 : 019936026X
Total Pages : 354 pages
Book Rating : 4.60/5 ( download)

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Download or read book Seventeen Contradictions and the End of Capitalism written by David Harvey and published by Oxford University Press, USA. This book was released on 2014 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: "David Harvey examines the internal contradictions within the flow of capital that have precipitated recent crises. While the contradictions have made capitalism flexible and resilient, they also contain the seeds of systemic catastrophe"--

Author : Wolfgang Streeck
Publisher : John Wiley & Sons
ISBN 13 : 0745670083
Total Pages : 465 pages
Book Rating : 4.89/5 ( download)

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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.

Author : Craddock, Emma
Publisher : Policy Press
ISBN 13 : 1529205727
Total Pages : 224 pages
Book Rating : 4.25/5 ( download)

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Download or read book Living Against Austerity written by Craddock, Emma and published by Policy Press. This book was released on 2020-03-11 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: With austerity’s disproportionately heavy impact on women now apparent, this engaging book considers activism against it from a feminist perspective. Emma Craddock goes deep inside activist culture to explore the many cultural and emotional dimensions of political participation. She questions what motivates and sustains protest, considering the enabling aspects of solidarity and empathy, as well as the constraining factors of negative emotions and gendered barriers associated with activism, examining the role of gender and emotion within protest. This is a lived-in study that gets to the heart of what it means to be an anti-austerity activist and an important addition to social justice debate.

Author : Diane Negra
Publisher : Duke University Press
ISBN 13 : 0822376539
Total Pages : 541 pages
Book Rating : 4.38/5 ( download)

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Download or read book Gendering the Recession written by Diane Negra and published by Duke University Press. This book was released on 2014-03-28 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely, necessary collection of essays provides feminist analyses of a recession-era media culture characterized by the reemergence and refashioning of familiar gender tropes, including crisis masculinity, coping women, and postfeminist self-renewal. Interpreting media forms as diverse as reality television, financial journalism, novels, lifestyle blogs, popular cinema, and advertising, the contributors reveal gendered narratives that recur across media forms too often considered in isolation from one another. They also show how, with a few notable exceptions, recession-era popular culture promotes affective normalcy and transformative individual enterprise under duress while avoiding meaningful critique of the privileged white male or the destructive aspects of Western capitalism. By acknowledging the contradictions between political rhetoric and popular culture, and between diverse screen fantasies and lived realities, Gendering the Recession helps to make sense of our postboom cultural moment. Contributors. Sarah Banet-Weiser, Hamilton Carroll, Hannah Hamad, Anikó Imre, Suzanne Leonard, Isabel Molina-Guzmán, Sinéad Molony, Elizabeth Nathanson, Diane Negra, Tim Snelson, Yvonne Tasker, Pamela Thoma

Author : Etherington, David
Publisher : Policy Press
ISBN 13 : 1447350081
Total Pages : 226 pages
Book Rating : 4.88/5 ( download)

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Download or read book Austerity, Welfare and Work written by Etherington, David and published by Policy Press. This book was released on 2020-09-15 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: David Etherington provides bold and fresh perspectives on the link between welfare policy and employment relations as he assesses their fundamental impact on social inequalities. Exploring how reforms, including Universal Credit, have reinforced employment and social insecurity, he assesses the role of NGOs, trade unions and policymakers in challenging this increasingly work-focused welfare agenda. Drawing on international and national case studies, the book reviews developments, including rising job insecurity, low pay and geographical inequalities, considered integral to neoliberal approaches to social spending. Etherington sets out the possibilities and challenges of alternative approaches and progressive new paths for welfare, the labour market and social rights.