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Open AccessJournal ArticleDOI

Pushing austerity: state failure, municipal bankruptcy and the crises of fiscal federalism in the USA

Jamie Peck
- 01 Mar 2014 - 
- Vol. 7, Iss: 1, pp 17-44
TLDR
In this article, the authors examine the means by which the Wall Street crisis of 2008 has been translated into a state crisis, especially for the state at the subnational and urban scales.
Abstract
By way of a critical exploration of austerity politics in the USA, the paper examines the means by which the Wall Street crisis of 2008 has been translated into a state crisis, especially for the state at the subnational and urban scales. It examines the strategies, rationales and tactics adopted by advocates of austerity measures, which amount to a sustained effort to socialize, rescale and ‘dump’ the costs of the economic crisis. These manoeuvres are transforming the operating environment for state and local government in the USA, and they are remaking the terrains of urban politics at the same time.

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Citations
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Journal ArticleDOI

“The rich will always be able to dispose of their waste”: a view from the frontlines of municipal failure in Makhanda, South Africa

TL;DR: The authors explored how residents of Makhanda's two halves, the affluent and predominantly white neighbourhoods in the west and the poor, non-white townships in the east, have adapted to manage and dispose of their own waste during periods of disruption.
Book ChapterDOI

Tough times, difficult choices and public entrepreneurship: Is sponsorship a winning solution?

TL;DR: In this article, the authors provide a critical-exploratory review of the role of public entrepreneurship in the provision of public services in a post-Credit Crunch global operating environment.
Journal ArticleDOI

Decarbonized Futures: Struggles Over Ecological Distribution in Greece

TL;DR: In this paper , the authors discuss the energopolitics of austerity linking the state-backed logics of accumulation to the lived experience of energy producers and consumers in Greece, based on long ethnographic fieldwork in the main coal-mining region of Greece.
References
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Book

Capitalism and Freedom

TL;DR: In the classic bestseller, Capitalism and Freedom, Friedman presents his view of the proper role of competitive capitalism as both a device for achieving economic freedom and a necessary condition for political freedom as mentioned in this paper.
Journal ArticleDOI

An Essay on Fiscal Federalism

TL;DR: In the United Kingdom, both Scot- land and Wales have opted under the Blair government for their own regional parliaments and in Italy the movement toward decentralization has gone so far as to encompass a serious proposal for the separation of the nation into two in-dependent countries as mentioned in this paper.
Journal ArticleDOI

Capitalism and Freedom

Book

Constructions of Neoliberal Reason

TL;DR: In this article, the Chicago School was used to relocate Neoliberalism and found the Chicago school 4. Between Gotham and the Gulf 5. Creative Liberties 6. Decoding Obamanomics
Journal ArticleDOI

Austerity urbanism: American cities under extreme economy

Jamie Peck
- 18 Dec 2012 - 
TL;DR: In this paper, the authors locate these developments in the context of mutating processes of neoliberal urbanism, commenting on some of its social and spatial consequences, and argue that these conditions are defining a new operational matrix for urban politics.