This collection of original essays explores the myriad expressions of austerity since the 2008 financial crisis.
Case studies drawn from Canada, Australia and the European Union provide extensive comparative analysis of fiscal consolidation and the varied political responses against austerity. Contributions examine such themes as privatisation, class mobilization and resistance, the crisis of liberal democracy and the rise of the far right.
The potential impact of the COVID-19 pandemic in shaping future austerity and alternatives is signalled. Given the rapidly shifting terrain, this comprehensive handbook provides important insights into a complex and fast changing period of politics and policy.
Stephen McBride is Canada Research Chair in Public Policy and Globalization and Professor in the Department of Political Science at McMaster University, Hamilton, Canada.
Bryan Evans is Professor in the Department of Politics and Public Administration at Ryerson University, Toronto, Canada.
Dieter Plehwe is Research Fellow in the Center for Civil Society Research ,WZB, Berlin Social Science Center, Germany, and Privatdozent (private lecturer) in the Department of Political Science at University of Kassel, Germany.
Introduction ~ Bryan Evans, Stephen McBride and Dieter Plehwe
PART 1: Austerity and the Promotion of the Private: Focus on Public Sector/ Public Finance
Beyond Austerity: Pro-Public Strategies vs. PPP Scandals ~ Heather Whiteside
Unintended Austerity? Financialization of the State and Harmonization of European Public Sector Accounts ~ Sebastian Botzem
PART 2: Coping and Casualties: Labour and the Social
Internal Devaluation in Germany and the Crises in Europe ~ Steffen Lehndorf
Cash-for-Care, Precarity and Austerity: A Comparative Analysis of the Lived Experience of Work Under Personalisation Policies in Australia and Scotland ~ Donna Baines, Ian Cunningham, Phil James and Chandrima Roy
Austerity and Social Innovation: The Case of Social Innovation Labs and Social Impact Bonds ~ Meghan Joy, John Shields and Siu Mee Cheng
PART 3: Beyond Coping: Protest, Pathologies and the Development of Real Alternatives
Politics as an Alternative to Constitutionalization ~ Stephen McBride
There are many Alternatives! German Economic Advisory Councils and the Institutional Reproduction of Austerity Economics ~ Dieter Plehwe and Moritz Neujeffski
Negotiated Austerity? A Comparative Survey of Social Concertation in Canada, Denmark, Ireland and Spain ~ Bryan Evans, Stephen McBride, and James Watson
Disrupting austerity: Social Movements Against Neoliberal Debt Politics ~ Christoph Sorg
Market populism, its Right-Wing Off-Spring, and Left Opposition ~ Ingo Schmidt
Austerity Induced Populism: The Rise of the New Right ~ Hans-Jürgen Bieling
Getting Ready for the Next One: Preparing a Stronger Progressive Response to Financial Meltdown ~ Jim Stanford
Urban Austerity and its Failure – Limits and Options for an Institutional Path Change for a Social and Ecological Europe ~ Hans-Jürgen Urban and Sebastian Bödeker
Conclusion ~ Bryan Evans, Stephen McBride and Dieter Plehwe