Public debt, inequality, and power the making of a modern debt state

Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? Until now, we have no...

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Detalles Bibliográficos
Otros Autores: Hager, Sandy Brian, author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Oakland, California : University of California Press [2016]
Colección:Open Access e-Books
Knowledge Unlatched
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009429955106719
Tabla de Contenidos:
  • 1. Introduction: public debt, inequality and power
  • 2. The spectacle of a highly centralized public debt
  • 3. The bondholding class resurgent
  • 4. Fiscal conflict : past and present
  • 5. Bonding domestic and foreign owners
  • 6. Who rules the debt state?
  • 7. Conclusion: informing democratic debate
  • Appendix : accounting for the public debt.