Class, Power and Austerity


Book Description

The athor views the fiscal crisis as both a product and the process of class struggle. . . . Interview data and documents are combined to present a useful and interesting counter-perspective sensitive to the contingencies of struggle. Choice




Class Inequality in Austerity Britain


Book Description

When the Coalition Government came to power in 2010 in claimed it would deliver not just austerity, as necessary as that apparently was, but also fairness. This volume subjects this pledge to critical interrogation by exposing the interests behind the policy programme pursued and their damaging effects on class inequalities. Situated within a recognition of the longer-term rise of neoliberal politics, reflections on the status of sociology as a source of critique and current debates over the relationship between the cultural and economic dimensions of social class, the contributors cover an impressively wide range of relevant topics, from education, family policy and community to crime and consumption, shedding new light on the experience of domination in the early 21st Century.




Austerity and Working-Class Resistance


Book Description

The working classes today are facing a new set of crises around increasing austerity, authoritarianism, exploitation, and surveillance. But in many places, and in many ways, they are resisting. From new forms of workplace organisation, migrant workers challenging their exploitation, struggles against digitalised work, and through alternative forms of grassroots mobilisation, working-class resistance is emerging in new and often unexpected spaces. Through a range of cases in Europe and from around the world, this book brings radical voices from sociology, political economy, labour relations, and media studies to offer an understanding of the potential of working-class struggles in and against these ‘hard times’. This engaging volume is an attempt to understand how new, dynamic sites of resistance in and outside the workplace are central to the different ways in which workers survive, disrupt, and create new ways of living. The perfect guide for students and academics looking for a critical and comprehensive collection dealing with contemporary and global cases of working-class resistance.




Social Movements in Times of Austerity: Bringing Capitalism Back Into Protest Analysis


Book Description

Recent years have seen an enormous increase in protests across the world in which citizens have challenged what they see as a deterioration of democratic institutions and the very civil, political and social rights that form the basis of democratic life. Beginning with Iceland in 2008, and then forcefully in Egypt, Tunisia, Spain, Greece and Portugal, or more recently in Peru, Brazil, Russia, Bulgaria, Turkey and Ukraine, people have taken to the streets against what they perceive as a rampant and dangerous corruption of democracy, with a distinct focus on inequality and suffering. This timely new book addresses the anti-austerity social movements of which these protests form part, mobilizing in the context of a crisis of neoliberalism. Donatella della Porta shows that, in order to understand their main facets in terms of social basis, strategy, and identity and organizational structures, we should look at the specific characteristics of the socioeconomic, cultural and political context in which they developed. The result is an important and insightful contribution to understanding a key issue of our times, which will be of interest to students and scholars of political and economic sociology, political science and social movement studies, as well as political activists.




Getting By


Book Description

While the 1% rule, poor neighbourhoods have become the subject of public concern and media scorn, blamed for society's ills. This unique book redresses the balance. Lisa Mckenzie lived on the St AnnÕs estate in Nottingham for more than 20 years. Her ÔinsiderÕ status enables us to hear the stories of its residents, often wary of outsiders. St Ann's has been stigmatised as a place where gangs, guns, drugs, single mothers and those unwilling or unable to make something of their lives reside. Yet in this same community we find strong, resourceful, ambitious people who are 'getting by', often with humour and despite facing brutal austerity.




Austerity


Book Description

In Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009. The issue is at the crux about how to emerge from the Great Recession, and will drive the debate for the foreseeable future.




Debtors' Prison


Book Description

One of our foremost economic thinkers challenges a cherished tenet of today’s financial orthodoxy: that spending less, refusing to forgive debt, and shrinking government—“austerity”—is the solution to a persisting economic crisis like ours or Europe’s, now in its fifth year. Since the collapse of September 2008, the conversation about economic recovery has centered on the question of debt: whether we have too much of it, whose debt to forgive, and how to cut the deficit. These questions dominated the sound bites of the 2012 U.S. presidential election, the fiscal-cliff debates, and the perverse policies of the European Union. Robert Kuttner makes the most powerful argument to date that these are the wrong questions and that austerity is the wrong answer. Blending economics with historical contrasts of effective debt relief and punitive debt enforcement, he makes clear that universal belt-tightening, as a prescription for recession, defies economic logic. And while the public debt gets most of the attention, it is private debts that crashed the economy and are sandbagging the recovery—mortgages, student loans, consumer borrowing to make up for lagging wages, speculative shortfalls incurred by banks. As Kuttner observes, corporations get to use bankruptcy to walk away from debts. Homeowners and small nations don’t. Thus, we need more public borrowing and investment to revive a depressed economy, and more forgiveness and reform of the overhang of past debts. In making his case, Kuttner uncovers the double standards in the politics of debt, from Robinson Crusoe author Daniel Defoe’s campaign for debt forgiveness in the seventeenth century to the two world wars and Bretton Woods. Just as debtors’ prisons once prevented individuals from surmounting their debts and resuming productive life, austerity measures shackle, rather than restore, economic growth—as the weight of past debt crushes the economy’s future potential. Above all, Kuttner shows how austerity serves only the interest of creditors—the very bankers and financial elites whose actions precipitated the collapse. Lucid, authoritative, provocative—a book that will shape the economic conversation and the search for new solutions.




The Changing Politics and Policy of Austerity


Book Description

Experts from around the world review the complex and rapidly changing politics and policies of austerity in this comprehensive collection of essays. The book details the many different means and expressions of austerity since the financial crisis of 2008, as well as backlashes and emerging political alternatives.




Austerity


Book Description

A revealing look at austerity measures that succeed—and those that don't Fiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. Bringing needed clarity to one of today's most challenging economic issues, three leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt, shows that austerity is not necessarily the kiss of death for political careers as is often believed, and charts a sensible approach based on data analysis rather than ideology.




Beyond Defeat and Austerity


Book Description

Much of the critical discussion of the European political economy and the Eurozone crisis has focused upon a sense that solidaristic achievements built up during the post-war period are being continuously unravelled. Whilst there are many reasons to lament the trajectory of change within Europe’s political economy, there are also important developments, trends and processes which have acted to obstruct, hinder and present alternatives to this perceived trajectory of declining social solidarity. These alternatives have tended to be obscured from view, in part as a result of the conceptual approaches adopted within the literature. Drawing from examples across the EU, this book presents an alternative narrative and explanation for the development of Europe’s political economy and crisis, emphasising the agency of what are typically considered subordinate (and passive) actors. By highlighting patterns of resistance, disobedience and disruption it makes a significant contribution to a literature that has otherwise been more concerned to understand patterns of heightened domination, exploitation, inequality and neoliberal consolidation. It will be of interest to students and scholars alike.