Counterrevolution
Extravagance and Austerity in Public Finance
$48.08
- Paperback
568 pages
- Release Date
28 April 2026
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 |

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
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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