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The Fiscal Crisis of the State

The Fiscal Crisis of the State PDF Author: James O'Connor
Publisher: Routledge
ISBN: 1351482769
Category : Political Science
Languages : en
Pages : 276

Book Description
Fiscal Crisis of the State refers to the tendency of government expenditures to outpace revenues in the U.S. in the late 1960s and early 1970s, but its relevance to other countries of the period and also in today's global economy is evident. When government expenditure constitutes a larger and larger share of total economy theorists who ignore the impact of the state budget do so at their own (and capitalism's) peril. This volume examines how changes in tax rates and tax structure used to regulate private economic activity. O'Connor theorizes that particular expenditures and programs and the budget as a whole can be understood only in terms of power relationships within the private economy. O'Connor's analysis includes an anatomy of American state capitalism, political power and budgetary control in the United States, social capital expenditures, social expenses of production, financing the budget, and the scope and limits of reform. He shows that the simultaneous growth of monopoly power and the state itself generate an increasingly severe social crisis. State monopolies indirectly determine the state budget by generating needs that the state must satisfy. The state administration organizes production as a result of a series of political decisions. Over time, there is a tendency for what O'Connor calls the social expenses of production to rise, and the state is increasingly compelled to socialize these expenses. The state has three ways to finance increased budgetary outlays: create state enterprises that produce social expenditures; issue debt and borrowing against further tax revenues; raise tax rates and introduce new taxes. None of these mechanisms are satisfactory. Neither the development of state enterprise nor the growth of state debt liberates the state from fiscal concerns. Similarly, tax finance is a form of economic exploitation and thus a problem for class analysis. O'Connor contends that the fiscal crisis of the capitalist state is the inev

The Fiscal Crisis of the State

The Fiscal Crisis of the State PDF Author: James O'Connor
Publisher: Routledge
ISBN: 1351482769
Category : Political Science
Languages : en
Pages : 276

Book Description
Fiscal Crisis of the State refers to the tendency of government expenditures to outpace revenues in the U.S. in the late 1960s and early 1970s, but its relevance to other countries of the period and also in today's global economy is evident. When government expenditure constitutes a larger and larger share of total economy theorists who ignore the impact of the state budget do so at their own (and capitalism's) peril. This volume examines how changes in tax rates and tax structure used to regulate private economic activity. O'Connor theorizes that particular expenditures and programs and the budget as a whole can be understood only in terms of power relationships within the private economy. O'Connor's analysis includes an anatomy of American state capitalism, political power and budgetary control in the United States, social capital expenditures, social expenses of production, financing the budget, and the scope and limits of reform. He shows that the simultaneous growth of monopoly power and the state itself generate an increasingly severe social crisis. State monopolies indirectly determine the state budget by generating needs that the state must satisfy. The state administration organizes production as a result of a series of political decisions. Over time, there is a tendency for what O'Connor calls the social expenses of production to rise, and the state is increasingly compelled to socialize these expenses. The state has three ways to finance increased budgetary outlays: create state enterprises that produce social expenditures; issue debt and borrowing against further tax revenues; raise tax rates and introduce new taxes. None of these mechanisms are satisfactory. Neither the development of state enterprise nor the growth of state debt liberates the state from fiscal concerns. Similarly, tax finance is a form of economic exploitation and thus a problem for class analysis. O'Connor contends that the fiscal crisis of the capitalist state is the inev

Crisis States: Governance, Resistance & Precarious Capitalism

Crisis States: Governance, Resistance & Precarious Capitalism PDF Author: Jeff Shantz
Publisher: punctum books
ISBN: 0988234084
Category : Political Science
Languages : en
Pages : 84

Book Description
This is an age of crisis: economic, political, environmental, and social. Yet the nature of contemporary crisis is often misunderstood. Crisis, rather than being accidental or episodic - as is too often assumed - has been a regular feature of state practice in the neoliberal austerity regimes of contemporary capitalism. In this timely work Jeff Shantz gives special attention to the particular manufactured crises associated with austerity regimes and conditions of precarity within contemporary capitalism, and how Crisis States differ from other forms of state practice.Crisis is a powerful weapon of states and capital in the pursuit of accumulation, exploitation, and control. Engaging insights from anarchism and autonomous Marxism, Shantz lays bare the real nature and character of crisis as political and social pursuits of state and capital under precarious capitalism.Attention is also given to social resistance under crisis state conditions. Contemporary capitalism renders the oppressed and exploited precarious at the same time as opportunities are opened to render the system itself precarious. Understanding Crisis States and precarious capitalism is crucial in considering prospects for resistance.

State of Crisis

State of Crisis PDF Author: Zygmunt Bauman
Publisher: John Wiley & Sons
ISBN: 0745685293
Category : Social Science
Languages : en
Pages : 180

Book Description
Today we hear much talk of crisis and comparisons are often made with the Great Depression of the 1930s, but there is a crucial difference that sets our current malaise apart from the 1930s: today we no longer trust in the capacity of the state to resolve the crisis and to chart a new way forward. In our increasingly globalized world, states have been stripped of much of their power to shape the course of events. Many of our problems are globally produced but the volume of power at the disposal of individual nation-states is simply not sufficient to cope with the problems they face. This divorce between power and politics produces a new kind of paralysis. It undermines the political agency that is needed to tackle the crisis and it saps citizens’ belief that governments can deliver on their promises. The impotence of governments goes hand in hand with the growing cynicism and distrust of citizens. Hence the current crisis is at once a crisis of agency, a crisis of representative democracy and a crisis of the sovereignty of the state. In this book the world-renowned sociologist Zygmunt Bauman and fellow traveller Carlo Bordoni explore the social and political dimensions of the current crisis. While this crisis has been greatly exacerbated by the turmoil following the financial crisis of 2007-8, Bauman and Bordoni argue that the crisis facing Western societies is rooted in a much more profound series of transformations that stretch back further in time and are producing long-lasting effects. This highly original analysis of our current predicament by two of the world’s leading social thinkers will be of interest to a wide readership.

The Welfare State as Crisis Manager

The Welfare State as Crisis Manager PDF Author: P. Starke
Publisher: Springer
ISBN: 1137314842
Category : Political Science
Languages : en
Pages : 240

Book Description
This book presents an in-depth analysis of social policy reactions to international economic shocks in four different welfare states, over a 40-year period. It reveals how expansion and retrenchment are shaped by domestic politics and existing welfare state institutions.

State Crisis in Fragile Democracies

State Crisis in Fragile Democracies PDF Author: Samuel Handlin
Publisher: Cambridge University Press
ISBN: 1108415423
Category : Political Science
Languages : en
Pages : 337

Book Description
This book develops a new political-institutional explanation of South America's 'two lefts' and the divergent fates of the region's democratic regimes.

Class, Crisis and the State

Class, Crisis and the State PDF Author: Erik Olin Wright
Publisher: Verso Books
ISBN: 1784787868
Category : Political Science
Languages : en
Pages : 198

Book Description
One of the major works of the new American Marxism, Wright's book draws a challenging new class map of the United States and other, comparable, advanced capitalist countries today. It also discusses the various classical theories of economic crisis in the West and their relevance to the current recession, and contrasts the way in which the major political problem of bureaucracy was confronted by two great antagonists - Weber and Lenin. A concluding essay brings together the practical lessons of these theoretical analyses, in an examination of the problems of left governments coming to power in capitalist states.

The United States in Crisis

The United States in Crisis PDF Author: Edward J. Erler
Publisher: Encounter Books
ISBN: 1641772360
Category : Political Science
Languages : en
Pages : 107

Book Description
The United States in Crisis: Citizenship, Immigration, and the Nation State argues that to preserve our freedom Americans must mount a defense of the nation state against the progressive forces who advocate for global government. The Founders of America were convinced that freedom would flourish only in a nation state. A nation state is a collection of citizens who share a commitment to the same principles. Today, the nation state is under attack by the progressive Left, who allege that it is the source of almost every evil in the world.

A State of Risk

A State of Risk PDF Author: Thomas H. Stanton
Publisher: HarperCollins Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 264

Book Description
A possible $700 billion problem. Are we in for another S&L crisis? If you are a current or potential investor with GSE's . . . or are merely a concerned taxpayer--this bok's analyses of their relative strengths and weaknesses, inside-scoop forecasts, and radical reorganization recommendations make salutary reading.

The State and the Global Ecological Crisis

The State and the Global Ecological Crisis PDF Author: John Barry
Publisher: MIT Press
ISBN: 9780262524353
Category : Political Science
Languages : en
Pages : 346

Book Description
Explores the prospects for reinstating the state as the facilitator of environmental protection, through analyses and case studies of the green democratic potential of the state and the state system.

The Post-Crisis Developmental State

The Post-Crisis Developmental State PDF Author: Tamás Gerőcs
Publisher: Springer Nature
ISBN: 3030719871
Category : Political Science
Languages : en
Pages : 337

Book Description
The focus of this volume is on the role of the developmental state in a situation in which a series of major crises affects the (semi-) periphery of the global economy. The authors go beyond the established debate on developmental states in East Asia by highlighting a much broader understanding of development and a very different global economic context. They also further the existing debate by covering new country cases. At the same time, they deepen our perspective on developmental states by looking at unusual sectors such as green industrial policy, education and farming.