Melinda Cooper, "Counterrevolution: Extravagance and Austerity in Public Finance" (Zone Books, 2024)

Melinda Cooper, "Counterrevolution: Extravagance and Austerity in Public Finance" (Zone Books, 2024)

At the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. To this day, fiscal authorities fret over soaring public debt burdens, while central bankers wring their hands at the slightest sign of rising wages. As the brief reprieve of coronavirus spending made clear, no departure from government austerity will be tolerated without a corresponding act of penance. Yet we misunderstand the scope of neoliberal public finance if we assume austerity to be its sole setting. Beyond the zero-sum game of direct claims on state budgets lies a realm of indirect government spending that escapes the naked eye. Capital gains are multiply subsidized by a tax system that reserves its greatest rewards for financial asset holders. And for all its airs of haughty asceticism, the Federal Reserve has become adept at facilitating the inflation of asset values while ruthlessly suppressing wages. Neoliberalism is as extravagant as it is austere, and this paradox needs to be grasped if we are to challenge its core modus operandi. In Counterrevolution: Extravagance and Austerity in Public Finance (Zone Books, 2024) Dr. Melinda Cooper examines the major schools of thought that have shaped neoliberal common sense around public finance. Focusing, in particular, on Virginia school public choice theory and supply-side economics, she shows how these currents produced distinct but ultimately complementary responses to the capitalist crisis of the 1970s. With its intellectual roots in the conservative Southern Democratic tradition, Virginia school public choice theory espoused an austere doctrine of budget balance. The supply-side movement, by contrast, advocated tax cuts without spending restraint and debt issuance without guilt, in an apparent repudiation of austerity. Yet, for all their differences, the two schools converged around the need to rein in the redistributive uses of public spending. Together, they drove a counterrevolution in public finance that deepened the divide between rich and poor and revived the fortunes of dynastic wealth. Far-reaching as the neoliberal counterrevolution has been, Dr. 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? This interview was conducted by Dr. Miranda Melcher whose new book focuses on post-conflict military integration, understanding treaty negotiation and implementation in civil war contexts, with qualitative analysis of the Angolan and Mozambican civil wars. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

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Leigh Claire La Berge, “Scandals and Abstraction: Financial Fiction of the Long 1980s” (Oxford UP, 2014)

Leigh Claire La Berge, “Scandals and Abstraction: Financial Fiction of the Long 1980s” (Oxford UP, 2014)

What stories do we tell about finance? How does financial print culture shape our lives? Our guest today explores the narratives we have been told, and tell, about finance. A literary scholar, Leigh Claire La Berge writes about the representations of finance in years after 1979 and how many of the stories we tell about finance–that it is abstract and exceedingly complicated–took hold in this era. Leigh Claire La Berge is Assistant Professor of English in the Department of English at Borough of Manhattan Community College, CUNY. Her book, Scandals and Abstraction: Financial Fiction of the Long 1980s, was recently published by Oxford University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

27 Tammi 201650min

Oli Mould, “Urban Subversion and the Creative City” (Routledge, 2015)

Oli Mould, “Urban Subversion and the Creative City” (Routledge, 2015)

Every city seems to be ‘creative’, whether because it has a creative brand, a creative quarter or is home to creative industries. In his new book Urban Subversion and the Creative City Routledge, 2015), Oli Mould shows how this is an essential, but mistaken, aspect of the neo-liberal city. Creativity in the governance of the neo-liberal city erases and obscures inequalities and prohibits social justice. The book demonstrates a very different way of thinking about the creative city through a variety of subversive practices, from skateboarding and parkour, to urban explorations. Filled with images and global examples, the book will attract readers in geography, urban studies, sociology, cultural studies, as well as anyone interested in alternative forms of urban life. Mould also works across multiple media forms, and you can see more about the visual elements of Urban Subversion here, and read his blog and twitter feed. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

21 Tammi 201640min

Neil Roberts, “Freedom as Marronage” (U of Chicago Press, 2015)

Neil Roberts, “Freedom as Marronage” (U of Chicago Press, 2015)

What does it mean to be free? How can paying attention to the relationship between freedom and slavery help construct a concept and practice of freedom that is “perpetual, unfinished, and rooted in acts of flight” (181)? In his book Freedom as Marronage University of Chicago Press, 2015), Neil Roberts (Africana Studies, Religion, and Political Science, Williams College) explores this and many other questions. Proceeding from and working with the concept and practice of marronage – modes of escape from slavery emerging from the Caribbean – Roberts articulates a theory of freedom that is historically specific while having trans-historical reverberations, and that is attentive to lived experiences of freedom and slavery. In doing so, he engages histories of the transatlantic slave trade, colonialism, diaspora, the Haitian Revolution, and American slavery. Arguing for the need to creolize political theory and philosophy, Roberts also takes up the thought and practice of W.E.B. DuBois, Hannah Arendt, Philip Petit, Frederick Douglass, Angela Davis, Toussaint L’Ouverture, Jean-Jacques Dessalines, Edouard Glissant, Rastafari, and much more. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

18 Joulu 20151h 20min

Jason W. Moore, “Capitalism in the Web of Life: Ecology and the Accumulation of Capital” (Verso, 2015)

Jason W. Moore, “Capitalism in the Web of Life: Ecology and the Accumulation of Capital” (Verso, 2015)

In Capitalism in the Web of Life: Ecology and the Accumulation of Capital (Verso, 2015), author Jason W. Moore seeks to undermine popular understandings of the relationship among society, environment, and capitalism. Rather, than seeing society and environment as acting on an external, nonhuman nature, Moore wants us to recognize capitalism-in-nature. For Moore, seeing society and environment as separate has hampered clear thinking on the problems we face, such as climate change or the end of cheap nature, as well as political solutions to these issues. His book is an analysis of the interrelationship of capitalism and nature over the past few centuries as well as a critique of important environmental concepts such as the Anthropocene. Moore is assistant professor of sociology at SUNY-Binghamton and coordinator of the World Ecology Research Network. This book is a product of over a decade of research and writings on world ecology and evidence of his wide-ranging scholarship. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

3 Joulu 201551min

Rebecca Gordon-Nesbitt, “To Defend the Revolution is to Defend Culture: The Cultural Policy of The Cuban Revolution” (PM Press, 2015)

Rebecca Gordon-Nesbitt, “To Defend the Revolution is to Defend Culture: The Cultural Policy of The Cuban Revolution” (PM Press, 2015)

What are the alternatives to the current neo-liberal cultural settlement prevailing in much of the global north? In To Defend the Revolution is to Defend Culture: The Cultural Policy of The Cuban Revolution (PM Press, 2015), Rebecca Gordon-Nesbitt, from The Centre for Cultural Change, argues that this question can be addressed by learning from the cultural policy of the Cuban revolution. The book draws on a wealth of archival material, coupled with the theoretical framework of Marxist Humanism, to give a detailed picture of the revolutionary period on the island and chart the lessons from that era. The book introduces the key policy documents and events, along with examples from a variety of cultural forms, including a detailed engagement with the role of film and cinema in the revolutionary era. The book will be essential reading for cultural studies and cultural policy scholars, alongside anyone seeking an alternative vision of culture’s social role. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

1 Joulu 201541min

Philip Roscoe, “A Richer Life: How Economics Can Change the Way We Think and Feel” (Penguin, 2015)

Philip Roscoe, “A Richer Life: How Economics Can Change the Way We Think and Feel” (Penguin, 2015)

So many of our social questions are now the subject of analysis from economics. In A Richer Life: How Economics can Change the Way We Think and Feel (Penguin, 2015), Phillip Roscoe, a reader at the University of St Andrew’s School of Management, offers a critique of the long march of economics into social life. The book covers a vast range of social examples, including dating, organ transplantation, and education, alongside accessible engagements with historical and contemporary economic theory. Using personal examples as well as academic expertise, Roscoe’s book offers a primer in the social cost of economics, as well as what we can do to resit and challenge economistic modes of thought. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

19 Marras 201538min

Katie Ellis, “Disability and Popular Culture: Focusing Passion, Creating Community and Expressing Defiance” (Ashgate, 2015)

Katie Ellis, “Disability and Popular Culture: Focusing Passion, Creating Community and Expressing Defiance” (Ashgate, 2015)

Popular culture has been transformed in its attitudes towards disability, as representations across media forms continues to respond to the contemporary politics of disability. In Disability and Popular Culture: Focusing Passion, Creating Community and Expressing Defiance (Ashgate, 2015), Katie Ellis, a Senior Research Fellow at Curtin University, uses critical perspectives from disability studies to both challenge and celebrate the place of disability in popular culture. The book thinks through ideas of beauty, the role of children’s toys, representations in television and music, as well as science fiction and sport. Alongside the range of sites of disability and popular culture, the book closes with a case study of social media and the limits of inspirational images. The book is essential reading for cultural studies scholars, but raises important questions for a general readership. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

8 Marras 201537min

Am Johal, “Ecological Metapolitics: Badiou and the Anthropocene” (Atropos Press, 2015)

Am Johal, “Ecological Metapolitics: Badiou and the Anthropocene” (Atropos Press, 2015)

The French philosopher Alain Badiou is not best known for his engagement with ecological matters per se. Badiou’s insights regarding being, truth, and political militancy are, however, highly relevant for the consideration of “the ecological question.” Based on a doctoral thesis written under Badiou’s supervision, Am Johal‘s new book, Ecological Metapolitics: Badiou and the Anthropocene(Atropos Press, 2015) is a thinking through and with Badiou’s work while addressing some of the most pressing concerns of our time: the relationship between human beings, technology, and nature; the meaning of change; and the possibilities of democratic politics and resistance. This, during an era that many now refer to as the “Anthropocene,” a period in which the impact of human beings on geological conditions and change has become unmistakable. Ecological Metapolitics is a work of engaged philosophy that will illuminate readers’ understanding of Badiou’s oeuvre. The book also makes an important contribution to our understanding of the past, present, and future of a modernity troubled on scales local and global. In dialogue with one of the most significant French thinkers of the postwar period, the book engages in ideas and debates that reach well beyond the boundaries of national spaces, cultures, and politics. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

8 Marras 201551min

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