The Neoliberal Counterrevolution w/ Melinda Cooper
Red Medicine
Austerity vs. Extravagance in Neoliberalism
This chapter explores the coexistence of austerity and extravagance in government spending, particularly in the U.S., highlighting the impact on public services and wealth inequality. It examines the historical context of neoliberalism, class conflict, and the complexities of public debt, revealing the paradox of reduced spending alongside increasing deficits.
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