Politics in the Age of AusterityWolfgang Streeck, Armin Schäfer John Wiley & Sons, 9 maj 2013 - 240 sidor 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. |
Innehåll
Public Finance and the Decline of State Capacity | |
Tax Competition and Fiscal Democracy | |
The Political | |
Monetary Union Fiscal Crisis and the Disabling | |
Representative Government | |
A SupplySide | |
From Markets versus States to Corporations versus Civil | |
The Normalization of the Right in PostSecurity Europe | |
Democratic Capitalism and | |
Andra upplagor - Visa alla
Vanliga ord och fraser
austerity banks budget Cambridge capitalist cent of GDP choice citizens compulsory voting constrained corporate tax country’s cuts decline deficits demands democratic capitalism democratic politics economic growth effect elections electoral elites euro Europe European European Union eurozone figure financial crisis financial markets fiscal consolidation fiscal democracy French Germany GIPS economies global Greece increase inflation institutions interest rates Ireland Irish Keynesian labour market large countries legitimacy liberalization Marine Le Pen mobile Monetary Union National Front neoliberalism OECD OECD countries Parliament parliamentary participation percentage of GDP political economy pressure problem programmes public debt public investment public spending redistribution reforms regimes responsibility rising Sarkozy sector small countries Social Democrats social investment social security society sovereign debt Streeck Sweden Swedish tax competition tax revenues tax wedge taxation theory TNS Sofres True Finns turnout unemployment University Press voters voting wage welfare