Cover; Contents; Copyright; Acknowledgments; 1 The Austerity State: An Introduction; Section 1: State Responses to Crisis; 2 Austerity Policies: From the Keynesian to the Corporate Welfare State; 3 Post-Democracy and the Politics of Inequality: Explaining Policy Responses to the Financial Crisis and the Great Recession; 4 Austerity's Role in Economic Performance: The Relationships between Social Reproduction Spending, the Economy, and People; 5 Internalizing Neoliberalism and Austerity.
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12 Profiting off Austerity: Private Finance for Public Infrastructure13 Austerity and Outsourcing in Britain's New Corporate State; 14 Austerity and the Non-profit Sector: The Case of Social Impact Bonds; 15 Conclusion; Contributors.
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6 Expansionary Fiscal Consolidation and the "Smarter State": An Evaluation of the Politics of Austerity in the United Kingdom, May 2010 to February 20167 Frugal Comfort from Ireland: Marginal Tales from an Austere Isle; Section 2: State Reconfiguration; 8 The New Constitutionalism and Austerity; 9 Fighting the Financial Crisis or Consolidating Austerity? The Eurobond Battle Reconsidered; 10 Constructing Economic Policy Advice in an Age of Austerity; 11 Tax Havens in an Austere World: The Clash of New Ideas and Existing Interests.
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"This volume focuses on the state's role in managing the fall-out from the global economic and financial crisis since 2008. For a brief moment, roughly from 2008-2010, governments and central banks appeared to borrow from Keynes to save the global economy. The contributors, however, take the view that to see those stimulus measures as "Keynesian" is a misinterpretation. Rather, neoliberalism demonstrated considerable resiliency despite its responsibility for the deep and prolonged crisis. The "austerian" analysis of the crisis is--historical, ignores its deeper roots, and rests upon a triumph of discourse involving blame-shifting from the under-regulated private sector to public or sovereign debt--for which the public authorities are responsible."--