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Additional Physical Format: | Online version: Konzelmann, Suzanne J., author. Austerity Cambridge, UK ; Medford, MA : Polity, 2019 (DLC) 2019009886 |
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Document Type: | Book |
All Authors / Contributors: |
Suzanne J Konzelmann |
ISBN: | 9781509534869 1509534865 9781509534876 1509534873 |
OCLC Number: | 1083682283 |
Description: | vi, 177 pages ; 23 cm. |
Contents: | Introduction -- Shifting Responses to the Evolution of National Debt and the Economic Role of the State -- National Accounting and the Economics of Austerity -- Selling Austerity – Economics, Politics and Society -- Austerity and Welfare – An Unstable Mixture: Britain, Germany & the United States between the Wars -- Austerity (and Stimulus) in Post-war Chile, America, Ireland and Japan -- Some have Austerity thrust upon them, Others Embrace it: Ireland, Greece and the United Kingdom after the 2008 crisis -- Post-2008 Variations on Austerity: Iceland and the United States -- Austerity’s political economic, ideological and socio-cultural dimensions -- Conclusions. |
Series Title: | What is political economy? (Polity Press) |
Responsibility: | Suzanne J. Konzelmann. |
Abstract:
Reviews
Publisher Synopsis
"Suzanne J. Konzelmann's book is an incredibly valuable contribution to the growing backlash against austerity. The broad and rich historical and international perspective confirms that these pernicious policies have a track record of failure."Geoff Tily, senior economist, Trades Union Congress"In the wake of the 2008 global financial crisis, austerity policies were imposed in many countries, with results ranging from disappointing to disastrous. Konzelmann shows how the logic of austerity was fundamentally undermined by the emergence of the welfare state in the twentieth century. Austerity policies threaten the automatic stabilizing effects of a large welfare state, and are therefore counterproductive."John Quiggin, University of Queensland Read more...

