{"product_id":"the-politics-of-public-debt-financialization-class-and-democracy-in-neoliberal-brazil-9781642593617","title":"The Politics of Public Debt: Financialization,","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eIn \u003cem\u003eThe Politics of Public Debt\u003c\/em\u003e, Daniel Bin analyzes how fiscal and monetary policies and the administration of public debt related to class, labor, and democracy during the period of neoliberal financialization in Brazil. Sustained by state action, the politico-economic context allowed the establishment of a macroeconomic framework that favored finance capital. It was characterized by the expropriation of workers' incomes through a system involving public debt and taxation, capable of deepening labor exploitation. Decisions about public debt and related policies are analyzed in terms of their implications for economic democracy. The book raises the hypothesis that the 2016 coup within the Brazilian capitalist state sought to overthrow the political forces that were no longer able to administer this model.\u003c\/p\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eAcknowledgements ix\u003cbr\u003ePreface x\u003cbr\u003eList of Figures xii\u003c\/p\u003e\u003cp\u003eIntroduction\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e 1The Politics of Financialization\u003cbr\u003e\u003cbr\u003e1\u003cbr\u003eCrisis of Accumulation and Reaction of Finance\u003cbr\u003e\u003cbr\u003e2\u003cbr\u003eFinancial Expansion of the Brazilian Economy\u003cbr\u003e\u003cbr\u003e3\u003cbr\u003eFictitious Capital as a Concrete Social Relation\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e 2Capitalist State and Financial Hegemony\u003cbr\u003e\u003cbr\u003e1\u003cbr\u003eCapitalist Economy and Capitalist State\u003cbr\u003e\u003cbr\u003e2\u003cbr\u003eFinancial Hegemony in the State Apparatus\u003cbr\u003e\u003cbr\u003e3\u003cbr\u003eThe Class Character of Macroeconomic Policy\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e 3Fiscal Superstructure, Expropriation, and Exploitation\u003cbr\u003e\u003cbr\u003e1\u003cbr\u003eThe Financialization of Class Exploitation\u003cbr\u003e\u003cbr\u003e2\u003cbr\u003eExploitation beyond Labor Exchange\u003cbr\u003e\u003cbr\u003e3\u003cbr\u003ePublic Debt, Taxation, and Redistribution of Surpluses\u003cbr\u003e\u003cbr\u003e4\u003cbr\u003ePublic Debt and the Rise in the Rate of Exploitation\u003cbr\u003e\u003cbr\u003e5\u003cbr\u003eState Spending and Appropriation of Income\u003c\/p\u003e\u003cp\u003e\u003cbr\u003e 4Macroeconomic Policy and Economic Democracy\u003cbr\u003e\u003cbr\u003e1\u003cbr\u003eCapitalism or Democracy\u003cbr\u003e\u003cbr\u003e2\u003cbr\u003eDepoliticization of Economic Policy\u003cbr\u003e\u003cbr\u003e3\u003cbr\u003eSelective Bureaucratic Insulation\u003cbr\u003e\u003cbr\u003e4\u003cbr\u003eMonetary Expectations and Inducements\u003cbr\u003e\u003cbr\u003e5\u003cbr\u003eThe Talking Shop of Macroeconomic Policy\u003cbr\u003e\u003cbr\u003e6\u003cbr\u003eEconomic Democracy and Democratic Socialism\u003c\/p\u003e\u003cp\u003eConclusion\u003cbr\u003eAfterword: The 2016 Coup d 'état\u003c\/p\u003e\u003cp\u003eBibliography\u003cbr\u003eIndex\u003c\/p\u003e","brand":"Haymarket Books","offers":[{"title":"Default Title","offer_id":51359876284759,"sku":"9781642593617","price":25.5,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781642593617.jpg?v=1754125980","url":"https:\/\/bookcurl.com\/products\/the-politics-of-public-debt-financialization-class-and-democracy-in-neoliberal-brazil-9781642593617","provider":"Book Curl","version":"1.0","type":"link"}