Debt Or Democracy
Author: Mary Mellor
Publisher: Pluto Press (UK)
Published: 2016
Total Pages: 0
ISBN-13: 9780745335551
DOWNLOAD EBOOKA clear case for the common ownership of money as a solution to the financial crisis
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Author: Mary Mellor
Publisher: Pluto Press (UK)
Published: 2016
Total Pages: 0
ISBN-13: 9780745335551
DOWNLOAD EBOOKA clear case for the common ownership of money as a solution to the financial crisis
Author: Andreas Wiedemann
Publisher: Cambridge University Press
Published: 2021-07-08
Total Pages: 345
ISBN-13: 1108983715
DOWNLOAD EBOOKIn many rich democracies, access to financial markets is now a prerequisite for fully participating in labor and housing markets and pursuing educational opportunities. Indebted Societies introduces a new social policy theory of everyday borrowing to examine how the rise of credit as a private alternative to the welfare state creates a new kind of social and economic citizenship. Andreas Wiedemann provides a rich study of income volatility and rising household indebtedness across OECD countries. Weaker social policies and a flexible knowledge economy have increased costs for housing, education, and raising a family - forcing many people into debt. By highlighting how credit markets interact with welfare states, the book helps explain why similar groups of people are more indebted in some countries than others. Moreover, it addresses the fundamental question of whether individuals, states, or markets should be responsible for addressing socio-economic risks and providing social opportunities.
Author: R. Hannesson
Publisher: Springer
Published: 2015-04-24
Total Pages: 185
ISBN-13: 1137532009
DOWNLOAD EBOOKWhy is it that government debt in the developed world has risen to world war proportions in a time of peace? This can largely be attributed to governments maintaining welfare expenditures beyond what tax revenues allow. But will these governments refrain from doing what is necessary for economic growth for fear of losing their electorate?
Author: David Stasavage
Publisher: Cambridge University Press
Published: 2003-04-28
Total Pages: 224
ISBN-13: 1139439871
DOWNLOAD EBOOKThis book develops new theory about the link between debt and democracy and applies it to a classic historical comparison: Great Britain in the eighteenth century which had strong representative institutions and sound public finance vs. ancient regime France, which had neither. The book argues that whether representative institutions improve commitment depends on the opportunities for government creditors to form new coalitions with other social groups, more likely to occur when a society is divided across multiple political cleavages. It then presents historical evidence to show that improved access to finance in Great Britain after 1688 had as much to do with the development of the Whig Party as with constitutional changes. In France, it is suggested that the balance of partisan forces made it unlikely that an early adoption of 'English-style' institutions would have improved credibility.
Author: Mallory E. SoRelle
Publisher: University of Chicago Press
Published: 2020-12-14
Total Pages: 302
ISBN-13: 022671182X
DOWNLOAD EBOOKAs Elizabeth Warren memorably wrote, “It is impossible to buy a toaster that has a one-in-five chance of bursting into flames and burning down your house. But it is possible to refinance an existing home with a mortgage that has the same one-in-five chance of putting the family out on the street.” More than a century after the government embraced credit to fuel the American economy, consumer financial protections in the increasingly complex financial system still place the onus on individuals to sift through fine print for assurance that they are not vulnerable to predatory lending and other pitfalls of consumer financing and growing debt. In Democracy Declined, Mallory E. SoRelle argues that the failure of federal policy makers to curb risky practices can be explained by the evolution of consumer finance policies aimed at encouraging easy credit in part by foregoing more stringent regulation. Furthermore, SoRelle explains how angry borrowers’ experiences with these policies teach them to focus their attention primarily on banks and lenders instead of demanding that lawmakers address predatory behavior. As a result, advocacy groups have been mostly unsuccessful in mobilizing borrowers in support of stronger consumer financial protections. The absence of safeguards on consumer financing is particularly dangerous because the consequences extend well beyond harm to individuals—they threaten the stability of entire economies. SoRelle identifies pathways to mitigate these potentially disastrous consequences through greater public participation.
Author: Steven Klein
Publisher: Cambridge University Press
Published: 2020-09-24
Total Pages: 221
ISBN-13: 110847862X
DOWNLOAD EBOOKThis theoretically innovative book shows how democratic social movements can use the welfare state to challenge domination in society.
Author: Mark Blyth
Publisher: Oxford University Press
Published: 2015
Total Pages: 305
ISBN-13: 0199389446
DOWNLOAD EBOOKIn Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009. The issue is at the crux about how to emerge from the Great Recession, and will drive the debate for the foreseeable future.
Author: Alex Segura-Ubiergo
Publisher: Cambridge University Press
Published: 2007-06-25
Total Pages: 25
ISBN-13: 1139464612
DOWNLOAD EBOOKThis book is one of the first attempts to analyze how developing countries through the early twenty-first century have established systems of social protection, and how these systems have been affected by the processes of globalization and democratization. The book focuses on Latin America to identify factors associated with the evolution of welfare state policies during the pre-globalization period prior to 1979, whilst studying how globalization and democratization have affected governments' fiscal commitment to social spending. In contrast with the Western European experience, more developed welfare systems evolved in countries relatively closed to international trade, while the recent process of globalization that has swept the region has put substantial downward pressure on social security expenditures. Health and education spending has been relatively protected from greater exposure to international markets and has actually increased substantially with the shift to democracy.
Author: Barbara Stallings
Publisher: Westview Press
Published: 1989-01-19
Total Pages: 250
ISBN-13: 9780813375489
DOWNLOAD EBOOKBegins with analyses of the international dimension of this crisis, considering reactions of business, labor organizations, and the private banking community. A cross-national comparison of responses is offered through a series of case studies. Paper edition, $14.95. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Lane Kenworthy
Publisher: Oxford University Press
Published: 2013-12-03
Total Pages: 249
ISBN-13: 019932252X
DOWNLOAD EBOOKAmerica is the one of the wealthiest nations on earth. So why do so many Americans struggle to make ends meet? Why is it so difficult for those who start at the bottom to reach the middle class? And why, if a rising economic tide lifts all boats, have middle-class incomes been growing so slowly? Social Democratic America explains how this has happened and how we can do better. Lane Kenworthy convincingly argues that we can improve economic security, expand opportunity, and ensure rising living standards for all by moving toward social democracy. Drawing on his extensive knowledge of social policy in America and other affluent countries, he proposes a set of public social programs, including universal early education, an expanded Earned Income Tax Credit, wage insurance, the government as employer of last resort, and many others. Kenworthy looks at common objections to social democracy, such as the oft-repeated claim that Americans don't want big government, which he readily debunks. Indeed, we already have in place a host of effective and popular social programs, from Social Security to Medicare to public schooling. Moreover, the available evidence suggests that rich nations can generate the tax revenues needed to pay for generous social programs while maintaining an innovative and growing economy, and without restricting liberty. Can it happen? Kenworthy describes how the US has been progressing slowly but steadily toward a genuine social democracy for nearly a century. Controversial and powerful, Social Democratic America shows that the good society doesn't require a radical break from our past; we just need to continue in the direction we are already heading.