Buch, Englisch, 240 Seiten, Format (B × H): 155 mm x 234 mm, Gewicht: 454 g
Conserving Capital over the West's Long Depression
Buch, Englisch, 240 Seiten, Format (B × H): 155 mm x 234 mm, Gewicht: 454 g
Reihe: Routledge Frontiers of Political Economy
ISBN: 978-0-367-32103-1
Verlag: Taylor & Francis Ltd (Sales)
The specific forms of capital’s dependency on the state may vary, however the underlying weaknesses of mature western economies have prompted new forms of state intervention narrowly aimed at conserving capital, especially in the wake of the financial crisis. The chapters consider factors which are usually posited as explanations for the long depression such as oil price shocks, domestic conditions and technological innovation. The work argues that the consensus view of neoliberalism has served to underplay the significance of the state’s role in failing to lift this long depression in several ways: it has lent a greater ideological coherence to the policies pursued by successive governments than they deserve; the state has been less subordinate to the market than is usually claimed and more often its maker; and there has been a significant growth in jobs located in the private sector that are funded by public money. The cumulative effect of this is a narrowing of the state’s purpose to conserving capital, a role which has contributed to its loss of authority as an institution that claims to represent society as a whole. It is theorised that this, in turn, has led to the insecurities of the existing political order and the rise of populism.
This book will be of great interest to students and scholars of political economy, public policy, political theory, economics and sociology.
Autoren/Hrsg.
Fachgebiete
- Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie
- Wirtschaftswissenschaften Volkswirtschaftslehre Wirtschaftspolitik, politische Ökonomie
- Sozialwissenschaften Politikwissenschaft Regierungspolitik Wirtschafts- und Finanzpolitik
- Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte
Weitere Infos & Material
1. State Intervention and the West’s Long Depression 2. The State and Neoliberalism 3. Capital Dependency: The High Flyers 4. Labour Markets in Britain and USA 5. The Rise in State-Dependent Employment: The Education Sector 6. The Rise in State-Dependent Employment: Health and Social Care 7. ‘Buy Time’: State and Capital Partnerships 8. The Hollowing of Democracy 9. The Future of State Intervention: Dynamism or Decay 10. Progressive State Intervention