LEADER 02375oam 2200421 450 001 9910137018903321 005 20181123054758.0 035 $a(CKB)3710000000733651 035 $a(OCoLC)942611599 035 $a(EXLCZ)993710000000733651 100 $a20161219h20162016 fy 0 101 0 $aeng 135 $aurcn#nnn||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aPublic debt, inequality, and power $ethe making of a modern debt state /$fSandy Brian Hager 210 1$aOakland, California :$cUniversity of California Press,$d[2016] 210 4$dİ2016 215 $a1 online resource (xiv, 174 pages) $cillustrations 225 0 $aOpen Access e-Books 225 0 $aKnowledge Unlatched 311 $a0-520-28466-6 320 $aIncludes bibliographical references (pages 143-151) and index. 327 $a1. Introduction: public debt, inequality and power -- 2. The spectacle of a highly centralized public debt -- 3. The bondholding class resurgent -- 4. Fiscal conflict : past and present -- 5. Bonding domestic and foreign owners -- 6. Who rules the debt state? -- 7. Conclusion: informing democratic debate -- Appendix : accounting for the public debt. 330 3 $aWho are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? Until now, we have not had any satisfactory answers to these questions. Public Debt, Inequality, and Power is the first comprehensive historical analysis of public debt ownership in the United States. It reveals that ownership of federal bonds has been increasingly concentrated in the hands of the 1 percent over the past three decades. Based on extensive and original research, Public Debt, Inequality, and Power will shock and enlighten. 606 $aDebts, Public$zUnited States 606 $aGovernment securities$zUnited States 615 0$aDebts, Public 615 0$aGovernment securities 676 $a336.3/40973 700 $aHager$b Sandy Brian$0769897 801 2$bUkMaJRU 801 2$bAuAdUSA 906 $aBOOK 912 $a9910137018903321 996 $aPublic debt, inequality, and power$91570120 997 $aUNINA