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Austerity is not always one-size-fits-all; it can be a flexible, class-based strategy taking several forms depending on the political-economic forces and institutional characteristics present. This important book identifies continuity and variety in crisis-driven austerity restructuring across Canada, Denmark, Ireland and Spain. In their analysis, the authors focus on several components of austerity, including fiscal and monetary policy, budget narratives, public sector reform, labor market flexibilization, and resistance. In so doing, they uncover how austerity can be categorized into different dynamic types, and expose the economic, social, and political implications of the varieties of austerity.
In Canadian Political Economy, experts from a number of disciplinary backgrounds come together to explore Canada’s empirical political economy and the field's contributions to theory and debate. Considering both historical and contemporary approaches to CPE, the contributors pay particular attention to key actors and institutions, as well as developments in Canadian political-economic policies and practices, explored through themes of changes, crises, and conflicts in CPE. Offering up-to-date interpretations, analyses, and descriptions, Canadian Political Economy is accessibly written and suitable for students and scholars. In 17 chapters, the book’s topics include theory, history, inequality, work, free trade and fair trade, co-operatives, banking and finance, the environment, indigeneity, and the gendered politics of political economy. Linking longstanding debates with current developments, this volume represents both a state-of-the-discipline and a state-of-the-art contribution to scholarship.
Winner of the Rik Davidson/Studies in Political Economy 2022 Book Prize A key text, Capitalist Political Economy: Thinkers and Theories analyses the field-forming theoretical contributions to political economy that have defined, debated, critiqued, and defended capitalism for more than three centuries. Political economy recognizes and celebrates the many and varied interconnections between politics and economics in society, together with the economic implications of public policy and the political impact of market and property relations. As such, political economy is both an approach to understanding capitalism and a reflection of the forms and features of capitalism at particular moments. G...
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.
Purchase for Profit will be important for those studying public policy in any of the areas in which public-private partnerships are now being adopted.
Multiple crises have led many to conclude that the current economic and political system is broken. The present and future look increasingly precarious – if not outright dystopian Stephen McBride calls for radical solutions to these crises to provide a more rational and sustainable future. He critiques other potential responses which would further curtail democracy and increase the inequalities associated with neoliberal globalism. Demonstrating how mainstream ideas, powerful interests and political institutions face major challenges but block progressive alternatives, he argues that for radical transformation to succeed, institutional changes are necessary.
Twenty-four economists discuss how they promote egalitarianism, democracy and ecological sanity through research, activism, and policy engagement Economics and the Left presents interviews with twenty-four leading progressive economists. All of these practitioners of the “dismal science” are dedicated to both interpreting the world and changing it for the better. The result is a combustible brew of ideas and reflections on major historical events, including the Covid-19 pandemic and its impact on the global economy. Interviewed are: Michael Ash, Nelson Henrique Barbosa Filho, James K. Boyce, Ha-Joon Chang, Jane D’Arista, Diane Elson, Gerald Epstein, Nancy Folbre, James K. Galbraith, Teresa Ghilarducci, Jayati Ghosh, Ilene Grabel, Costas Lapavitsas, Zhongjin Li, William Milberg, Léonce Ndikumana, Ozlem Onaran, Robert Pollin, Malcolm Sawyer, Juliet Schor, Anwar Shaikh, William Spriggs, Fiona Tregenna and Thomas Weisskopf.
Examining Canadian political and economic developments of the twenty-first century, Private Affluence, Public Austerity provides a systematic analysis of the dynamics of Canadian politics in the era of neoliberal globalization. Stephen McBride and Heather Whiteside conclude that, although the last three decades of neoliberal rule are characterized by recurrent crises, the system has proven to be resilient - even in the face of a severe recession. Canada's "business as usual" approach to the recent financial crisis, an approach that fails to challenge the policies that are fundamental to the system and culpable for the crisis, is striking. Through policies aimed at the dismantling of the welfare state, privatization and the reduction of the state's economic role - as well as an enthusiastic embrace of globalization and liberalized trade and investment regimes - the legacy of the Canadian political system is one of private affluence, public austerity and democratic decline.
In a public-private partnership, or P3, a private, for-profit corporation assumes control over the design, construction, financing and operation of public infrastructure and services. P3s have been used in Canada since the early 1990s, but they are now so common that they have become the standard way in which multimillion-dollar projects and services are delivered across the country. There are now more than two hundred P3 projects in this country, with contract lengths from twenty to ninety-nine years. The problem? P3s fundamentally transform public infrastructure, public services, labour relations, public sectors and the everyday lives of Canadians. While contracting out services is supposed to save money, P3s often cost more in the long run and are host to poor working conditions and confidentiality and accountability issues. And in the end, it is us, the public, who foots the bill for these increasing costs, essentially subsidizing corporate investments for services that our governments used to provide.
Land Fictions explores the common storylines, narratives, and tales of social betterment that justify and enact land as commodity. It interrogates global patterns of property formation, the dispossessions property markets enact, and the popular movements to halt the growing waves of evictions and land grabs. This collection brings together original research on urban, rural, and peri-urban India; rapidly urbanizing China and Southeast Asia; resource expropriation in Africa and Latin America; and the neoliberal urban landscapes of North America and Europe. Through a variety of perspectives, Land Fictions finds resonances between local stories of land's fictional powers and global visions of la...