Austerity From The Left

Author : Björn Bremer
Publisher : Oxford University Press
Page : 305 pages
File Size : 44,8 Mb
Release : 2023-04-21
Category : Political Science
ISBN : 9780192872388

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Austerity from the Left by Björn Bremer Pdf

Austerity became the predominant fiscal policy response to the Great Recession in Europe. After a brief period of 'emergency Keynesianism' from 2008 to 2010, even the centre-left abandoned plans for deficit spending and accepted austerity as the dogma of the day. In this book, Björn Bremer explains how this came about and explores its political consequences, combining qualitative and quantitative methods and drawing on a wide range of empirical evidence to study both the demand- and supply-side of politics. Based on this evidence, the book argues that a complex interaction of electoral and ideational pressures pushed social democratic parties towards orthodox fiscal policies. As government debt became a taboo following the Greek sovereign debt crisis, social democratic parties endorsed austerity to increase their perceived economic competence and fiscal credibility. This decision was legitimized by economic ideas inspired by supply-side economics, which had become popular among social democrats at the end of the twentieth century. Although the book shows that social democratic austerity was not inevitable, powerful feedback effects of the Third Way thus trapped and divided the centre-left during the crisis. This undermined the ability of social democratic parties to oppose austerity and eventually contributed to their electoral crisis in the shadow of the Great Recession.

Author : Babak Amini
Publisher : Routledge
Page : 186 pages
File Size : 41,6 Mb
Release : 2020-08-14
Category : Electronic
ISBN : 0367596776

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The Radical Left in Europe in the Age of Austerity by Babak Amini Pdf

The complex trajectory of Europe after the 2008 global financial crisis, has led to the catastrophic failure of deep austerity measures that swept across the Union, and is reflected in the rise of some radical left parties such as SYRIZA as well as an unfortunate rise in far right and nationalist parties and movements. This collection brings together a group of European scholars and activists from various European countries to discuss the recent economic, political, and electoral changes in respective countries, and the current status and future plans of radical left parties and movements. This book fills a significant gap within the current literature in the English-speaking world on post-2008 Europe, featuring a nation-based European wide survey of the current activities and plans of radical Left parties and movements in relation to the mounting social, political, and economic problems in Europe. This book contributes to the discussion by presenting a realistic depiction of the existing radical Left forces in Europe. This title was previously published as a special issue of Socialism and Democracy.

Author : Owen Worth
Publisher : Bloomsbury Publishing
Page : 178 pages
File Size : 52,8 Mb
Release : 2013-04-11
Category : Political Science
ISBN : 9781780323374

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Resistance in the Age of Austerity by Owen Worth Pdf

In November 1999 the first protests associated with the 'anti-globalisation movement' took place in Seattle, and came to be seen as the starting point for globalised resistance to neoliberal capitalism. Despite initial optimism, the following years have seen little progress in formulating a coherent alternative to neoliberalism, a failure that has become particularly poignant in the aftermath of the recent credit crisis. Now, the neoliberal mandate that appeared to be in 'crisis' in just 2008 has reinvented itself through the guise of a new 'era of austerity'. In this timely book, Worth assesses the growing diversity of resistance to neoliberalism - progressive, nationalist and religious - and argues that, troublingly, the more reactionary alternatives to globalisation currently provide just as coherent a base for building opposition as those associated with the traditional 'left-wing' anti-globalisation movements. From the shortcomings of the Occupy movement to the rise of Radical Islam, the re-emergence of the far-right in Western Europe to the startling impact of the Tea Party in the US - Worth shows that while a progressive alternative is possible, it cannot be taken for granted.

Author : Bryan M. Evans,Stephen McBride
Publisher : University of Toronto Press
Page : 369 pages
File Size : 46,7 Mb
Release : 2017-01-01
Category : Business & Economics
ISBN : 9781487522032

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Austerity by Bryan M. Evans,Stephen McBride Pdf

Bryan M. Evans, Stephen McBride, and their contributors delve further into the more practical, ground-level side of the austerity equation in Austerity: The Lived Experience. Economically, austerity policies cannot be seen to work in the way elite interests claim that they do. Rather than soften the blow of the economic and financial crisis of 2008 for ordinary citizens, policies of austerity slow growth and lead to increased inequality. While political consent for such policies may have been achieved, it was reached amidst significant levels of disaffection and strong opposition to the extremes of austerity. The authors build their analysis in three sections, looking alternatively at theoretical and ideological dimensions of the lived experience of austerity; how austerity plays out in various public sector occupations and policy domains; and the class dimensions of austerity. The result is a ground-breaking contribution to the study of austerity politics and policies.

Author : Mark Blyth
Publisher : Oxford University Press
Page : 305 pages
File Size : 51,6 Mb
Release : 2015
Category : Business & Economics
ISBN : 9780199389445

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Austerity by Mark Blyth Pdf

Selected as a Financial Times Best Book of 2013 Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse. In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system. Through these actions private debt was rechristened as government debt while those responsible for generating it walked away scot free, placing the blame on the state, and the burden on the taxpayer. That burden now takes the form of a global turn to austerity, the policy of reducing domestic wages and prices to restore competitiveness and balance the budget. The problem, according to political economist Mark Blyth, is that austerity is a very dangerous idea. First of all, it doesn't work. As the past four years and countless historical examples from the last 100 years show, while it makes sense for any one state to try and cut its way to growth, it simply cannot work when all states try it simultaneously: all we do is shrink the economy. In the worst case, austerity policies worsened the Great Depression and created the conditions for seizures of power by the forces responsible for the Second World War: the Nazis and the Japanese military establishment. As Blyth amply demonstrates, the arguments for austerity are tenuous and the evidence thin. Rather than expanding growth and opportunity, the repeated revival of this dead economic idea has almost always led to low growth along with increases in wealth and income inequality. Austerity demolishes the conventional wisdom, marshaling an army of facts to demand that we austerity for what it is, and what it costs us.

Author : Bremer
Publisher : Oxford University Press
Page : 305 pages
File Size : 49,8 Mb
Release : 2023-05-25
Category : Political Science
ISBN : 9780192872210

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Austerity from the Left by Bremer Pdf

Austerity became the predominant fiscal policy response to the Great Recession in Europe. After a brief period of 'emergency Keynesianism' from 2008 to 2010, even the centre-left abandoned plans for deficit spending and accepted austerity as the dogma of the day. In this book, Björn Bremer explains how this came about and explores its political consequences, combining qualitative and quantitative methods and drawing on a wide range of empirical evidence to study both the demand- and supply-side of politics. Based on this evidence, the book argues that a complex interaction of electoral and ideational pressures pushed social democratic parties towards orthodox fiscal policies. As government debt became a taboo following the Greek sovereign debt crisis, social democratic parties endorsed austerity to increase their perceived economic competence and fiscal credibility. This decision was legitimized by economic ideas inspired by supply-side economics, which had become popular among social democrats at the end of the twentieth century. Although the book shows that social democratic austerity was not inevitable, powerful feedback effects of the Third Way thus trapped and divided the centre-left during the crisis. This undermined the ability of social democratic parties to oppose austerity and eventually contributed to their electoral crisis in the shadow of the Great Recession.

Author : Donatella della Porta,Joseba Fernández,Hara Kouki,Lorenzo Mosca
Publisher : John Wiley & Sons
Page : 246 pages
File Size : 49,7 Mb
Release : 2017-04-21
Category : Political Science
ISBN : 9781509511495

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Movement Parties Against Austerity by Donatella della Porta,Joseba Fernández,Hara Kouki,Lorenzo Mosca Pdf

The ascendance of austerity policies and the protests they have generated have had a deep impact on the shape of contemporary politics. The stunning electoral successes of SYRIZA in Greece, Podemos in Spain and the Movimento 5 Stelle (M5S) in Italy, alongside the quest for a more radical left in countries such as the UK and the US, bear witness to a new wave of parties that draws inspiration and strength from social movements. The rise of movement parties challenges simplistic expectations of a growing separation between institutional and contentious politics and the decline of the left. Their return demands attention as a way of understanding both contemporary socio-political dynamics and the fundamentals of political parties and representation. Bridging social movement and party politics studies, within a broad concern with democratic theories, this volume presents new empirical evidence and conceptual insight into these topical socio-political phenomena, within a cross-national comparative perspective.

Author : Enrico Calossi
Publisher : Unknown
Page : 222 pages
File Size : 51,8 Mb
Release : 2016
Category : Political Science
ISBN : 8867416650

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Anti-austerity Left Parties in the European Union. Competition, Coordination and Integration by Enrico Calossi Pdf

Author : James Dennison
Publisher : Springer
Page : 151 pages
File Size : 42,7 Mb
Release : 2016-11-18
Category : Political Science
ISBN : 9783319426730

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The Greens in British Politics by James Dennison Pdf

This book explains how the Greens went from obscurity to England’s third largest party in just one year, quadrupling their vote share and securing their place in Britain’s refigured party system on the way. Sophisticated quantitative analyses of the Greens’ voters and members as well as interviews with all of the leading party insiders are used to explain how internal dynamics, changing political opportunities and a forgotten portion of the electorate resulted in an unprecedented ‘Green Surge’ that defied decades of British party membership decline and a lack of historic far left electoral success in the UK. Not only does James Dennison untangle a fascinating political case study but he also shines a light on how technological, attitudinal and demographic changes are reshaping politics and forcing us to question many of our previous assumptions about political parties and how voters choose.

Author : Beltrán Roca,Emma Martín-Díaz,Ibán Díaz-Parra
Publisher : Routledge
Page : 166 pages
File Size : 49,8 Mb
Release : 2017-11-22
Category : Political Science
ISBN : 9781315438078

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Challenging Austerity by Beltrán Roca,Emma Martín-Díaz,Ibán Díaz-Parra Pdf

This book analyses social movements and radical political parties’ strategies in Spain, Greece, Portugal and Italy from 2008 to today. Events in 2011 such as the Arab Spring and the indignados movement in Spain initiated a new cycle of social protest. This book explores how the economic crisis and policies of austerity have transformed and continue to transform social movements, trade unions and radical political parties in Southern Europe. The economic crisis has led to a rise in protest movements, which confront political institutions and conventional forms of democracy, and develop new spatial and organisational strategies. This book examines these cases, in addition to those groups who, contrastingly, have used institutional politics to achieve their aims, such as new political parties like Podemos in Spain or Movimento 5 Stelle in Italy. Analysing the extent to which there has been a change in approach when it comes to contesting neo-liberal capitalism, this book makes an important contribution to the study of social movements and radical politics. With a comparative perspective and an emphasis on studying the largely unexplored recent social and political dynamics in the European periphery, this book is essential reading for students, scholars and activists interested in social movements, radical politics and European politics more generally.

Author : Stephen McBride,Bryan M. Evans
Publisher : University of Toronto Press
Page : 348 pages
File Size : 45,7 Mb
Release : 2017-01-01
Category : Political Science
ISBN : 9781487521950

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The Austerity State by Stephen McBride,Bryan M. Evans Pdf

"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."--

Author : Alberto Alesina,Carlo Favero,Francesco Giavazzi
Publisher : Princeton University Press
Page : 290 pages
File Size : 45,8 Mb
Release : 2020-12
Category : Business & Economics
ISBN : 9780691208633

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Austerity by Alberto Alesina,Carlo Favero,Francesco Giavazzi Pdf

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.

Author : Vickie Cooper,David Whyte
Publisher : Unknown
Page : 256 pages
File Size : 40,7 Mb
Release : 2017-05-20
Category : Electronic
ISBN : 0745337465

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The Violence of Austerity by Vickie Cooper,David Whyte Pdf

Austerity, a response to the aftermath of the financial crisis, continues to devastate contemporary Britain.In The Violence of Austerity, Vickie Cooper and David Whyte bring together the voices of campaigners and academics including Danny Dorling, Mary O'Hara and Rizwaan Sabir to show that rather than stimulating economic growth, austerity policies have led to a dismantling of the social systems that operated as a buffer against economic hardship, exposing austerity to be a form of systematic violence.Covering a range of famous cases of institutional violence in Britain, the book argues that police attacks on the homeless, violent evictions in the rented sector, the risks faced by people on workfare schemes, community violence in Northern Ireland and cuts to the regulation of social protection, are all being driven by reductions in public sector funding. The result is a shocking expos� of the myriad ways in which austerity policies harm people in Britain.

Author : Anonim
Publisher : Unknown
Page : 96 pages
File Size : 51,8 Mb
Release : 1986
Category : Labor unions
ISBN : OCLC:492467509

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The Mexican Left, the Popular Movements, and the Politics of Austerity by Anonim Pdf

Author : Heiner Flassbeck,Costas Lapavitsas
Publisher : Verso Books
Page : 145 pages
File Size : 53,8 Mb
Release : 2015-02-17
Category : Political Science
ISBN : 9781784783150

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Against the Troika by Heiner Flassbeck,Costas Lapavitsas Pdf

A radical anti-capitalist alternative to Eurozone austerity On the 25th January 2015 the Greek people voted in an election of historic importance—not just for Greece but potentially all of Europe. The radical party Syriza was elected and austerity and the neoliberal agenda is being challenged. Suddenly it seems as if there is an alternative. But what? The Eurozone is in a deep and prolonged crisis. It is now clear that monetary union is a historic failure, beyond repair—and certainly not in the interests of Europe’s working people. Building on the economic analysis of two of Europe’s leading thinkers, Heiner Flassbeck and Costas Lapavitsas (a candidate standing for election on Syriza’s list), Against the Troika is the first book to propose a strategic left-wing plan for how peripheral countries could exit the euro. With a change in government in Greece, and looming political transformations in countries such as Spain, this major intervention lays out a radical, anti-capitalist programme at a critical juncture for Europe. The final three chapters offer a detailed postmortem of the Greek catastrophe, explain what can be learned from it—and provide a possible alternative. Against the Troika is a practical blueprint for real change in a continent wracked by crisis and austerity.