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008			230923s2024 nyu rb 001 0 eng
010			_a 2023040951
020			_a9781942130932 _q(hardcover)
020			_z9781942130949 _q(ebook)
040			_aLBSOR _beng _erda _cLBSOR _dDLC
041			_aeng
042			_apcc
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050	0	0	_aHC106.7 _b.C678 2024
082	0	0	_a338.973 _223/eng/20231017
084			_aPOL010000 _aPHI019000 _2bisacsh
100	1		_aCooper, Melinda, _942923 _d1971-
245	1	0	_aCounterrevolution : _bextravagance and austerity in public finance / _cMelinda Cooper.
264		1	_aNew York : _bZone Books, _c[2024]
300			_a564 pages ; _c21 cm.
336			_atext _btxt _2rdacontent
337			_aunmediated _bn _2rdamedia
338			_avolume _bnc _2rdacarrier
490	0		_aNear futures
504			_aIncludes bibliographical references and index.
505	0		_aIntroduction : fiscal and monetary counterrevolution -- Capital gains : supply-side economics and the return of dynastic capitalism -- Wage losses : supply-side populism and the blue-collar producer -- Infinite regress : Virginia school neoliberalism and the tax revolt -- Constitutional austerity : Virginia school neoliberalism and the balanced budget amendment -- Aborting America : the reproductive politics of the national debt -- Conclusion : on fiscal and monetary revolution.
520			_a"This book seeks to explain the combination of austerity and extravagance that characterizes government spending and central bank monetary policy in our times"-- _cProvided by publisher.
520			_a"A thorough investigation of the current combination of austerity and extravagance that characterizes government spending and central bank monetary policy. At the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. While, to this day, welfare states do penance for fiscal sins, a closer look at the period of neoliberal ascendancy reveals a deep paradox. For all their pledges to contain debt and stamp out inflation, fiscal and monetary authorities have persistently violated their own moral code to indulge the interests of financial asset holders. Though mere wage earners are condemned to grinding austerity, wealthy investors inhabit a parallel universe of extravagant possibility. Melinda Cooper reads the neoliberal turn in public finance as a counterrevolutionary project-a trauma response to the turmoil of the late 1960s and early 1970s. The book focuses on the role of public choice theory and supply-side economics in driving this counterrevolution and orchestrating the distribution of extravagance and austerity. Neoliberal public finance has not only deepened the divide between rich and poor. It has also reshaped the organizational form of capitalism itself. Dynastic capitalism is back with a vengeance, reckless as in the gilded age but much more actively subsidized by the state.Far-reaching as the neoliberal counterrevolution has been, Cooper still identifies a counterfactual history of unrealized possibilities in the capitalist crisis of the 1970s. She concludes by inviting us to rethink the concept of revolution and raises the question: is another politics of extravagance possible?"-- _cProvided by publisher.
650		0	_aFinance, public _zUnited States _xHistory _y20th century.
650		0	_aNeoliberalism _zUnited States.
650		0	_aSupply-side economics _zUnited States.
650		7	_aPOLITICAL SCIENCE / History & Theory _2bisacsh
650		7	_aPHILOSOPHY / Political _2bisacsh
651		0	_aUnited States _xEconomic policy _y1971-1981.
776	0	8	_iOnline version: _aCooper, Melinda. _tCounterrevolution _dNew York : Zone Books, [2024] _z9781942130949 _w(DLC) 2023040952
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
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