LEADER 04000nam 2200697 450 001 9910809978503321 005 20230803195459.0 010 $a0-8047-9073-6 024 7 $a10.1515/9780804790734 035 $a(CKB)2670000000545063 035 $a(EBL)1656993 035 $a(SSID)ssj0001131708 035 $a(PQKBManifestationID)12491741 035 $a(PQKBTitleCode)TC0001131708 035 $a(PQKBWorkID)11144803 035 $a(PQKB)10575998 035 $a(StDuBDS)EDZ0000886870 035 $a(MiAaPQ)EBC1656993 035 $a(DE-B1597)564290 035 $a(DE-B1597)9780804790734 035 $a(Au-PeEL)EBL1656993 035 $a(CaPaEBR)ebr10852491 035 $a(OCoLC)875097442 035 $a(OCoLC)1178769679 035 $a(EXLCZ)992670000000545063 100 $a20140407h20142014 uy 0 101 0 $aeng 135 $aur||#|||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aArchitects of austerity $einternational finance and the politics of growth /$fAaron Major 210 1$aStanford, California :$cStanford University Press,$d2014. 210 4$dİ2014 215 $a1 online resource (265 p.) 300 $aDescription based upon print version of record. 311 $a0-8047-8834-0 320 $aIncludes bibliographical references and index. 327 $tFront matter --$tContents --$tIllustrations --$tAcknowledgments --$t1. Crisis, Austerity, and the Neoliberal Turn --$t2. The Architects of Austerity --$t3. The Question of Growth in a Global Economy --$t4. Adjustment in Practice --$t5. The Erratic March of Labour --$t6. Global Finance and the U.S. Growth Agenda --$t7. Guns, Butter, and Gold --$t8. Globalization, Coercion, and the Resiliency of Austerity --$tNotes --$tBibliography --$tIndex 330 $aArchitects of Austerity argues that the seeds of neoliberal politics were sown in the 1950's and 1960's. Suggesting that the postwar era was less socially democratic than we think, Aaron Major presents a comparative-historical analysis of economic policy in the United States, the United Kingdom, and Italy during the early 1960's. In each of these cases, domestic politics shifted to the left and national governments repudiated the conservative economic policies of the past, promising a new way forward. Yet, these social democratic experiments were short-lived and deeply compromised. Why did the parties of change become the parties of austerity? Studies of social welfare policy in these countries have emphasized domestic factors. However, Major reveals that international social forces profoundly shaped national decisions in these cases. The turn toward more conservative economic policies resulted from two critical shifts on the international stage. International monetary organizations converged around an orthodox set of ideas, and a set of institutional transformations within the Bretton Woods system made the monetary community more central to financial management. These changes gave central banks and treasuries the capacity to impose their ideas on national governments. Architects of Austerity encourages us to critically consider the power that we vest in public financial authorities, which have taken on an ever larger role in international economic regulation. 606 $aEconomic policy 606 $aInternational finance 606 $aEconomic history$y1945- 606 $aEconomic development$xGovernment policy 606 $aGovernment spending policy 606 $aNeoliberalism 615 0$aEconomic policy. 615 0$aInternational finance. 615 0$aEconomic history 615 0$aEconomic development$xGovernment policy. 615 0$aGovernment spending policy. 615 0$aNeoliberalism. 676 $a332/.042 700 $aMajor$b Aaron$01711270 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910809978503321 996 $aArchitects of austerity$94102463 997 $aUNINA