Pushing austerity: state failure, municipal bankruptcy and the crises of fiscal federalism in the USA
Citations
215 citations
Cites background from "Pushing austerity: state failure, m..."
...Peck (2014) also highlights how the political and ideological attack on the state long predated the global financial crisis in planned and coordinated attempts by conservative policy makers and non-governmental think tanks to replicate successful legislative limits to the local state....
[...]
...Reducing public debt went hand-in-hand with shrinking the state (Blyth 2013; Streeck, 2014; Boyer 2012; Peck 2014; Featherstone et al. 2012)....
[...]
...However, despite these challenges to the efficacy of austerity, the austerians’ conclusions and policy recommendations reinforced the ideological bent of many conservative policy makers who argued that reducing public debt was only “common sense” and would function to increase growth and prosperity (Konzelmann et al., 2016; Peck, 2014; Featherstone et al., 2012)....
[...]
...…austerians’ conclusions and policy recommendations reinforced the ideological bent of many conservative policy makers who argued that reducing public debt was only “common sense” and would function to increase growth and prosperity (Konzelmann et al., 2016; Peck, 2014; Featherstone et al., 2012)....
[...]
...Political economy scholars have long focused on the importance of the city as the nexus of the collective consumption of public services (Castells, 1977) and contemporary austerity has again brought the urban scale into sharp focus (Peck, 2014; Davidson and Ward, 2018; Donald et al., 2014)....
[...]
205 citations
Cites background from "Pushing austerity: state failure, m..."
...They nullify the power of elected officials and assume control of not just city finances but all city affairs, meaning they can break union contracts, privatize public land and resources, and outsource the management of public services (Peck, 2012, 2013)....
[...]
164 citations
133 citations
Cites background from "Pushing austerity: state failure, m..."
...…governance and financialised urban rule in the United States (see Davidson and Ward, 2014, forthcoming; Kirkpatrick and Smith, 2011; Lake, 2015; Peck, 2012, 2014b; Peck and Whiteside, 2016; Tabb, 2014; Weber, 2010), in this case taking as a point of departure a connection traced from one…...
[...]
...…hardly of mere coincidence or rational convergence on best practices, but an outcome of the recursive and patterned interplay of local strategic choices forged under conditions that few cities would have chosen, circumstances framed by the ‘dull compulsion’ of competitive exposure (Peck, 2014a)....
[...]
...From the outset, state politics were clearly making a significant difference – whether in the form of fights picked with the public-sector unions in Wisconsin, moves to drive through structural changes to pension entitlements and revenue-sharing arrangements in California, the extension and toughening of emergencymanagement powers in Michigan or the continued working out of the long-run effects of TABOR (taxpayers bill of rights) amendments in Colorado, not to mention the evolving relays between the state capitals – while at the urban scale there were marked differences in both the manifestations and the management of austerity between cities like Chicago, San Jose, New York, Colorado Springs, Detroit, Stockton, San Diego, Benton Harbor and Sandy Springs (see Peck, 2012, 2014b)....
[...]
...In the case of urban entrepreneurialism, conditions of ‘surface vigour’ are still very much in evidence (Harvey, 1989; Peck, 2014a), the ongoing accentuation of which is apparently necessary for legitimation purposes....
[...]
...…grip of ‘fiscal federalism’ (the regulatory doctrine that has it that jurisdictions should operate within their own means, minimising intergovernmental transfers) has normalised conditions of devolved budgetary discipline and lean administration, unevenly realised of course (Peck, 2014b)....
[...]
References
7,026 citations
3,054 citations
1,039 citations
690 citations