Public Debt, Inequality, and Power : The Making of a Modern Debt State (Record no. 3031861)

MARC details
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control field https://library.oapen.org/handle/20.500.12657/43723
005 - DATE AND TIME OF LATEST TRANSACTION
control field 20220714210031.0
020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number /doi.org/10.1525/luminos.14
024 7# - OTHER STANDARD IDENTIFIER
Standard number or code https://doi.org/10.1525/luminos.14
Terms of availability doi
041 0# - LANGUAGE CODE
Language code of text/sound track or separate title English
042 ## - AUTHENTICATION CODE
Authentication code dc
072 #7 - SUBJECT CATEGORY CODE
Subject category code KJZ
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072 #7 - SUBJECT CATEGORY CODE
Subject category code JP
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072 #7 - SUBJECT CATEGORY CODE
Subject category code KCP
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100 1# - MAIN ENTRY--PERSONAL NAME
Personal name Hager, Sandy Brian
Relator code auth
9 (RLIN) 82589
245 10 - TITLE STATEMENT
Title Public Debt, Inequality, and Power : The Making of a Modern Debt State
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Name of publisher, distributor, etc University of California Press
Date of publication, distribution, etc 2016
506 0# - RESTRICTIONS ON ACCESS NOTE
Terms governing access Open Access
Source of term star
Standardized terminology for access restriction Unrestricted online access
520 ## - SUMMARY, ETC.
Summary, etc 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 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 past three decades. Based on extensive and original research, Public Debt, Inequality, and Power will shock and enlighten. "These days, the topic of America's debt stirs heated political debate. But one of the most important facts in this discussion has hitherto been obscured: who actually owns that debt inside America? Hager has done some fascinating and pathbreakingresearch to answer that question and concluded that the ownership pattern is surprisingly concentrated-and unequal-and that this may have implications for how the entire debt debate develops in the coming years. This is an illuminating work that deserves wide attention." -GILLIAN TETT, Financial Times "The relationship between the ownership structure of government debt and economic inequality-between public finance and the class structure of modern capitalism-is one of several central concerns of political economy that has been almost completely neglected in recent decades. Sandy Brian Hager's book returns to the subject with theoretical and empirical bravado." -WOLFGANG STREECK, Director Emeritus, Max Planck Institute for the Study of Societies "Money is power, and US Treasury debt is the world's single largest financial instrument. Hager's insightful book fills an enormous hole in our knowledge of who owns this debt and how the power flowing from that increasingly concentrated ownership affects US and global politics." -HERMAN M. SCHWARTZ, author of Subprime Nation: American Power, Global Capital, and the Housing Bubble SANDY BRIAN HAGER is Postdoctoral Fellow at the Weatherhead Center for International Affairs at Harvard University. He has published in various journals, including New Political Economy and Socio-Economic Review.
536 ## - FUNDING INFORMATION NOTE
Text of note Knowledge Unlatched
540 ## - TERMS GOVERNING USE AND REPRODUCTION NOTE
Terms governing use and reproduction Creative Commons
-- https://creativecommons.org/licenses/by-nc-nd/4.0/legalcode
-- cc
-- https://creativecommons.org/licenses/by-nc-nd/4.0/legalcode
546 ## - LANGUAGE NOTE
Language note English
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element History of specific companies / corporate history
Source of heading or term bicssc
9 (RLIN) 1560079
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Politics & government
Source of heading or term bicssc
9 (RLIN) 861713
650 #7 - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name as entry element Political economy
Source of heading or term bicssc
9 (RLIN) 69973
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Business & Economics
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Uncontrolled term Corporate & Business History
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Uncontrolled term Political Science
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Uncontrolled term American Government
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Uncontrolled term General
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Business & Economics
653 ## - INDEX TERM--UNCONTROLLED
Uncontrolled term Government & Business
856 40 - ELECTRONIC LOCATION AND ACCESS
Host name www.oapen.org
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Public note OAPEN Library: download the publication
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Host name www.oapen.org
Uniform Resource Identifier <a href="https://library.oapen.org/handle/20.500.12657/43723">https://library.oapen.org/handle/20.500.12657/43723</a>
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Public note OAPEN Library: description of the publication
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