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Author: Jeffrey Sommers Publisher: Routledge ISBN: 131780015X Category : Business & Economics Languages : en Pages : 203
Book Description
The great financial crisis of 2008 and the ensuing global economic and financial turmoil have launched a search for "models" for recovery. The advocates of austerity present the Baltic States as countries that through discipline and sacrifice showed the way out of crisis. They have proposed the "Baltic model" of radical public sector cuts, wage reductions, labor market reforms and reductions in living standards for other troubled Eurozone countries to emulate. Yet, the reality of the Baltic "austerity fix" has been neither fully accepted by its peoples, nor is it fully a success. This book explains why and what are the real social and economic costs of the Baltic austerity model. We examine each of the Baltic States by connecting national level studies within a European and global political economy, thereby delivering comparative breadth that supersedes localized understandings of the crisis. Thus for each of the three Baltic states, individual chapters explore the different economic and social dimensions of neo-liberal post-communism and the subsequent wider global economic and financial crisis in which these newly financialized economies have found themselves especially vulnerable. The "austerity model" adopted by Baltic national governments in response to the crisis reveals the profound vulnerabilities created by their unwavering commitment to liberalized economies, not least in terms of the significant "exit" of their labor forces and consequent population loss. This book looks beyond basic financial metrics claiming a success story for the Baltic austerity model to reveal the damaging economic and social consequences, first of neo-liberal policies adopted during transition, and latterly of austerity measures based on "internal devaluation." Combined these policies undermine the possibility of longer-term recovery and even social and economic sustainability, not to mention prospects for successful integration in the now-faltering European project that has departed from its "Social Model" roots.
Author: Jeffrey Sommers Publisher: Routledge ISBN: 131780015X Category : Business & Economics Languages : en Pages : 203
Book Description
The great financial crisis of 2008 and the ensuing global economic and financial turmoil have launched a search for "models" for recovery. The advocates of austerity present the Baltic States as countries that through discipline and sacrifice showed the way out of crisis. They have proposed the "Baltic model" of radical public sector cuts, wage reductions, labor market reforms and reductions in living standards for other troubled Eurozone countries to emulate. Yet, the reality of the Baltic "austerity fix" has been neither fully accepted by its peoples, nor is it fully a success. This book explains why and what are the real social and economic costs of the Baltic austerity model. We examine each of the Baltic States by connecting national level studies within a European and global political economy, thereby delivering comparative breadth that supersedes localized understandings of the crisis. Thus for each of the three Baltic states, individual chapters explore the different economic and social dimensions of neo-liberal post-communism and the subsequent wider global economic and financial crisis in which these newly financialized economies have found themselves especially vulnerable. The "austerity model" adopted by Baltic national governments in response to the crisis reveals the profound vulnerabilities created by their unwavering commitment to liberalized economies, not least in terms of the significant "exit" of their labor forces and consequent population loss. This book looks beyond basic financial metrics claiming a success story for the Baltic austerity model to reveal the damaging economic and social consequences, first of neo-liberal policies adopted during transition, and latterly of austerity measures based on "internal devaluation." Combined these policies undermine the possibility of longer-term recovery and even social and economic sustainability, not to mention prospects for successful integration in the now-faltering European project that has departed from its "Social Model" roots.
Author: J. Drahokoupil Publisher: Springer ISBN: 0230228755 Category : Political Science Languages : en Pages : 309
Book Description
An ambitious volume that sets out to analyse the nature, contradictions and limits of neoliberal governance in the EU. The analysis covers the changing geopolitical and geo-economic context, the Lisbon agenda and the contestation and mobilization against the European project, such as manifested in the national resistance against the constitution.
Author: Donatella della Porta Publisher: John Wiley & Sons ISBN: 1509511490 Category : Political Science Languages : en Pages : 187
Book Description
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: David Harvey Publisher: Oxford University Press, USA ISBN: 019936026X Category : Business & Economics Languages : en Pages : 354
Book Description
David Harvey examines the foundational contradictions of capital, and reveals the fatal contradictions that are now inexorably leading to its end
Author: Bilić, Paško Publisher: Policy Press ISBN: 1529212375 Category : Business & Economics Languages : en Pages : 230
Book Description
As outrage over the socially damaging practices of technology companies intensifies, this book asks what it actually means to hold a 'monopoly' in the tech world and offers an in-depth analysis of how these corporate giants are produced, financialized, and regulated.
Author: Wolfgang Streeck Publisher: John Wiley & Sons ISBN: 0745670083 Category : Political Science Languages : en Pages : 465
Book Description
In a world of increasing austerity measures, democratic politics comes under pressure. With the need to consolidate budgets and to accommodate financial markets, the responsiveness of governments to voters declines. However, democracy depends on choice. Citizens must be able to influence the course of government through elections and if a change in government cannot translate into different policies, democracy is incapacitated. Many mature democracies are approaching this situation as they confront fiscal crisis. For almost three decades, OECD countries have - in fits and starts - run deficits and accumulated debt. As a result, an ever smaller part of government revenue is available today for discretionary spending and social investment and whichever party comes into office will find its hands tied by past decisions. The current financial and fiscal crisis has exacerbated the long-term shrinking government discretion; projects for political change have lost credibility. Many citizens are aware of this situation: they turn away from party politics and stay at home on Election Day. With contributions from leading scholars in the forefront of sociology, politics and economics, this timely book will be of great interest to students and scholars throughout the social sciences as well as general readers.
Author: Richard Westra Publisher: Routledge ISBN: 1315397323 Category : Business & Economics Languages : en Pages : 388
Book Description
In this age of overlapping and mutually reinforcing deep global crises (financial convulsions, global warming, mass migrations, militarism, inequality, selfish nation-states, etc.), there needs to be more realistic dialogue about radical alternatives to the status quo. Most literature produced heretofore has focused on the surface causes of these crises without much attention given to the sorts of major societal changes needed in order to deal with the crises we face. This book moves the debate beyond the critiques and the false or not fully realised alternatives, to focus on what can be termed "practical utopias". The contributors to this book outline a range of practical proposals for constructing pathways out of the global economic, ecological and social crisis. Varieties of Alternative Economic Systems eschews a single blueprint but insists on dealing directly with the deep structural problems and contradictions of contemporary global capitalism. It provides a diverse array of complementary proposals and perspectives that can inform both theoretical thinking and practical action. This volume will be of interest to academics and students who study political science, ecological economics, international politics and socialism.
Author: Sophie Yanow Publisher: Drawn & Quarterly ISBN: 1770465111 Category : Comics & Graphic Novels Languages : en Pages : 206
Book Description
Sophie is young and queer and into feminist theory. She decides to study abroad, choosing Paris for no firm reason beyond liking French comics. Feeling a bit lonely and out of place, she’s desperate for community and a sense of belonging. She stumbles into what/who she’s looking for when she meets Zena. An anarchist student-activist committed to veganism and shoplifting, Zena offers Sophie a whole new political ideology that feels electric. Enamored—of Zena, of the idea of living more righteously—Sophie finds herself swept up in a whirlwind friendship that blows her even further from her rural California roots as they embark on a disastrous hitchhiking trip to Amsterdam and Berlin, full of couch surfing, drug tripping, and radical book fairs. Capturing that time in your life where you’re meeting new people and learning about the world—when everything feels vital and urgent—The Contradictions is Sophie Yanow’s fictionalized coming-of-age story. Sophie’s attempts at ideological purity are challenged time and again, putting into question the plausibility of a life of dogma in a world filled with contradictions. Keenly observed, frank, and very funny, The Contradictions speaks to a specific reality while also being incredibly relatable, reminding us that we are all imperfect people in an imperfect world.
Author: Craddock, Emma Publisher: Policy Press ISBN: 1529205727 Category : Social Science Languages : en Pages : 224
Book Description
With austerity’s disproportionately heavy impact on women now apparent, this engaging book considers activism against it from a feminist perspective. Emma Craddock goes deep inside activist culture to explore the many cultural and emotional dimensions of political participation. She questions what motivates and sustains protest, considering the enabling aspects of solidarity and empathy, as well as the constraining factors of negative emotions and gendered barriers associated with activism, examining the role of gender and emotion within protest. This is a lived-in study that gets to the heart of what it means to be an anti-austerity activist and an important addition to social justice debate.