Bryan Evans - The Austerity State
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- Book:The Austerity State
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- Publisher:University of Toronto Press
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- Year:2017
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After 2008, austerity policies were implemented in various countries, a fact the contributors link to the persistence of neoliberalism and its accepted wisdoms about crisis management. In the immediate aftermath of the 2008 collapse, governments and central banks appeared to adopt a Keynesian approach to salvaging the global economy. This perception is mistaken, the authors argue. The austerian analysis of the crisis is ahistorical and shifts the blame from the under-regulated private sector to public, or sovereign, debt for which public authorities are responsible.
The Austerity Stateprovides a critical examination of the accepted discourse around austerity measures and explores the reasons behind its continued prevalence in the world.
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