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La Découverte
EAN : 9782348072963
Shaping : BROCHE
Pages : 100
Size : 125 x 190 mm
DEMOCRACY DISCIPLINED BY DEBT

Release date : 03/02/2022
As early as April 2020, austerity was rearing its head again. The International Monetary Fund’s experts warned: “In times of pandemic, fiscal policy is key to save lives and protect people. Governments have to do whatever it takes. But they must make sure to keep the receipts.”
This book shows how...
As early as April 2020, austerity was rearing its head again. The International Monetary Fund’s experts warned: “In times of pandemic, fiscal policy is key to save lives and protect people. Governments have to do whatever it takes. But they must make sure to keep the receipts.”
This book shows how debt defines the space of political possibility in a democracy. It revisits these controversies relative to the crisis’ financing tools. The pandemic paved the way for potential cancellation of debt (notably the Central European Bank’s) and called taboos on monetary creation into question.
Debt has become a very useful tool for governments. It is now essential for citizens to arm themselves with information, the better to debate those who dream only of a return to austerity’s policies as soon as possible.
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EAN : 9782348072963
Shaping : BROCHE
Pages : 100
Size : 125 x 190 mm
La Découverte