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Austerity

Author: Suzanne J Konzelmann
Publisher: Cambridge, UK ; Medford, MA : Polity Press, 2019.
Series: What is political economy? (Polity Press)
Edition/Format:  Print book : EnglishView all editions and formats
Summary:
"Austerity has been at the center of political controversy following the 2008 financial crisis, invoked by politicians and academics across the political spectrum as the answer to, or cause of, our post-crash economic malaise. However, despite being the cause of debate for more than three centuries, austerity remains a poorly understood concept. In this book, Suzanne J. Konzelmann aims to demystify austerity as an  Read more...
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Additional Physical Format: Online version:
Konzelmann, Suzanne J., author.
Austerity
Cambridge, UK ; Medford, MA : Polity, 2019
(DLC) 2019009886
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:

"Austerity has been at the center of political controversy following the 2008 financial crisis, invoked by politicians and academics across the political spectrum as the answer to, or cause of, our post-crash economic malaise. However, despite being the cause of debate for more than three centuries, austerity remains a poorly understood concept. In this book, Suzanne J. Konzelmann aims to demystify austerity as an economic policy, a political idea, and a social phenomenon. Beginning with an analysis of political and socioeconomic history from the seventeenth century, she explains the economics of austerity in the context of the overall dynamics of state spending, tax, and debt. Using comparative case studies from around the world, ranging from the 1930s to post-2008, she then evaluates the outcomes of austerity in light of its stated objectives and analyzes the conditions under which it doesn’t – and occasionally does – work. This accessible introduction to austerity will be essential reading for students and scholars of political economy, economics, and politics, as well as all readers interested in current affairs." --

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"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 Read more...

 
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