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Public Debt, Inequality, and Power : The Making of a Modern Debt State / / Sandy Brian Hager



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Autore: Hager Sandy Brian Visualizza persona
Titolo: Public Debt, Inequality, and Power : The Making of a Modern Debt State / / Sandy Brian Hager Visualizza cluster
Pubblicazione: Oakland, California, : University of California Press, 2016
Berkeley, CA : , : University of California Press, , [2016]
©2016
Descrizione fisica: 1 online resource (174 p.)
Disciplina: 336.3/40973
Soggetto topico: Debts, Public - United States
Government securities - United States
Soggetto non controllato: 21st century america
american economy
american government
american history
bondholders
capitalism
concentrated wealth
debt
economic history
economic inequality
economic power
foreign owned debt
global politics
government and governing
inequality
ownership structure
political debate
politics
public debt ownership
public debt
public finance
social inequality
social power
top one percent
united states of america
united states treasury
us public debt
Note generali: Bibliographic Level Mode of Issuance: Monograph
Nota di contenuto: Frontmatter -- Contents -- List of Illustrations -- Preface -- 1. 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 -- Notes -- Bibliography -- Index
Sommario/riassunto: A free ebook version of this title is available through Luminos, University of California Press's open access publishing program for monographs. Visit www.luminosoa.org to learn more. Who are the dominant owners of U.S. 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 last three decades. Based on extensive and original research, Public Debt, Inequality, and Power will shock and enlighten.
Titolo autorizzato: Public debt, inequality, and power  Visualizza cluster
ISBN: 0-520-96042-4
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910136642803321
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