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The Politics of Public Debt
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Table of Contents

Acknowledgements ix
Preface x
List of Figures xii

Introduction


1The Politics of Financialization

1
Crisis of Accumulation and Reaction of Finance

2
Financial Expansion of the Brazilian Economy

3
Fictitious Capital as a Concrete Social Relation


2Capitalist State and Financial Hegemony

1
Capitalist Economy and Capitalist State

2
Financial Hegemony in the State Apparatus

3
The Class Character of Macroeconomic Policy


3Fiscal Superstructure, Expropriation, and Exploitation

1
The Financialization of Class Exploitation

2
Exploitation beyond Labor Exchange

3
Public Debt, Taxation, and Redistribution of Surpluses

4
Public Debt and the Rise in the Rate of Exploitation

5
State Spending and Appropriation of Income


4Macroeconomic Policy and Economic Democracy

1
Capitalism or Democracy

2
Depoliticization of Economic Policy

3
Selective Bureaucratic Insulation

4
Monetary Expectations and Inducements

5
The Talking Shop of Macroeconomic Policy

6
Economic Democracy and Democratic Socialism

Conclusion
Afterword: The 2016 Coup d 'état

Bibliography
Index

About the Author

Daniel Bin is an associate professor at the University of Brasilia. He was a visiting scholar at Yale University and at the University of Wisconsin-Madison. Bin has published on economic policies and their implications for labor and class relations, and more recently on dispossessions of means of subsistence and production.

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