Paperback
Austerity meets extravagance: Unmasking the financial counterrevolution deepening inequality today.

Counterrevolution

Extravagance and Austerity in Public Finance

$48.08

  • Paperback

    568 pages

  • Release Date

    28 April 2026

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Summary

A thorough investigation of the current combination of austerity and extravagance that characterizes government spending and central bank monetary policy.

At the close of the 1970s, government treasuries and central banks took a vow of perpetual self-restraint. To this day, fiscal authorities fret over soaring public debt burdens, while central bankers wring their hands at the slightest sign of rising wages. As the brief reprieve of coronavirus spending made clear, no…

Book Details

ISBN-13:9781945861154
ISBN-10:1945861150
Author:Melinda Cooper
Publisher:Zone Books
Imprint:Zone Books
Format:Paperback
Number of Pages:568
Release Date:28 April 2026
Weight:778g
Dimensions:152mm x 203mm
Series:Near Futures
A-Format
B-Format
Counterrevolution by Melinda Cooper - ISBN: 9781945861154
152 × 203 mm
C-Format
A4
mm / in
What They're Saying

Critics Review

“With the new organization of economic life that Counterrevolution charts … and in opposition to end-times narratives of decline, Cooper asks us to consider the untapped potential within what has undoubtedly grown immeasurably—namely, the state’s capacity to tolerate and even orchestrate deficit spending when it is deemed necessary.”—Sarah Brouillette, Los Angeles Review of Books
““Undoubtedly, the publication of Cooper’s book has the potential to remake– possibly even reset the terms of – many of the central debates in political economy today.” — Samuel A. Chambers, Finance and Society”
“Counterrevolution provides an exemplary history of ideas and elites, but in foregrounding the asset form with which we are most intimately connected, it also offers a crucial history of our unhappy present that makes complete sense.”—William Davies, New Statesman
“Cooper… demonstrates that capitalism’s transformations are never merely a matter of economics, narrowly conceived, and that fiscal politics are always also moral politics.”—Katrina Forrester, London Review of Books
“Melina Cooper’s book is an engaging work, providing elements of analysis and reflection at various new methodological and interpretative levels.”—Giampaolo Conte, The Journal of European Economic History

About The Author

Melinda Cooper

Melinda Cooper is Professor in the School of Sociology at the Australian National University. She is the author of Family Values: Between Neoliberalism and the New Social Conservatism.

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