TY  - BOOK
AU  - Hager,Sandy Brian
TI  - Public Debt, Inequality, and Power: The Making of a Modern Debt State 
SN  - 9780520960428
AV  - HJ8101 
U1  - 336.3/40973 23
PY  - 2016///]
CY  - Berkeley, CA : 
PB  - University of California Press, 
KW  - Debts, Public
KW  - United States
KW  - Government securities
KW  - HISTORY / United States / 21st Century
KW  - bisacsh
KW  - 21st century america
KW  - american economy
KW  - american government
KW  - american history
KW  - bondholders
KW  - capitalism
KW  - concentrated wealth
KW  - debt
KW  - economic history
KW  - economic inequality
KW  - economic power
KW  - foreign owned debt
KW  - global politics
KW  - government and governing
KW  - inequality
KW  - ownership structure
KW  - political debate
KW  - politics
KW  - public debt ownership
KW  - public debt
KW  - public finance
KW  - social inequality
KW  - social power
KW  - top one percent
KW  - united states of america
KW  - united states treasury
KW  - us public debt
N1  - Frontmatter --; Contents --; List of Illustrations --; Preface --; 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 --; Notes --; Bibliography --; Index
N2  - A free ebook version of this title is available through Luminos, University of California Press's open access publishing program for monographs. Visit www.luminosoa.org to learn more. Who are the dominant owners of U.S. 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 not had any satisfactory answers to these questions. Public Debt, Inequality, and Power is the first comprehensive historical analysis of public debt ownership in the United States. It reveals that ownership of federal bonds has been increasingly concentrated in the hands of the 1 percent over the last three decades. Based on extensive and original research, Public Debt, Inequality, and Power will shock and enlighten
UR  - https://doi.org/10.1515/9780520960428?locatt=mode:legacy
UR  - https://www.degruyter.com/isbn/9780520960428
UR  - https://www.degruyter.com/document/cover/isbn/9780520960428/original
ER  -