Varieties of Austerity

Austerity is not always one-size-fits-all; it can be a flexible class-based strategy taking several forms depending on the political-economic forces and institutional characteristics present. This important book identifies continuity and variety in crisis-driven austerity restructuring across Canada Denmark Ireland and Spain. In their analysis the authors focus on several components of austerity including fiscal and monetary policy budget narratives public sector reform labor market flexibilization and resistance. In so doing they uncover how austerity can be categorized into different dynamic types and expose the economic social and political implications of the varieties of austerity.