The Austerity State

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  • The Austerity State Book Detail

  • Author : Stephen McBride
  • Release Date : 2017-01-01
  • Publisher : University of Toronto Press
  • Genre : Political Science
  • Pages : 348
  • ISBN 13 : 1487521952
  • File Size : 26,26 MB

The Austerity State by Stephen McBride PDF Summary

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."--

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