Rattling Europe’s ordoliberal ‘iron cage’: the contestation of austerity in Southern Europe
Autor: | Antonios Roumpakis, Theodoros Papadopoulos |
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Rok vydání: | 2018 |
Předmět: |
050502 law
Iron cage 05 social sciences austerity 0506 political science Austerity Political economy Political science ordoliberalism SDG 1 - No Poverty Political Science and International Relations 050602 political science & public administration media_common.cataloged_instance European Union European union Southern European welfare states 0505 law media_common |
Zdroj: | Papadopoulos, T & Roumpakis, A 2018, ' Rattling Europe's ordoliberal ‘iron cage’: the contestation of austerity in Southern Europe ', Critical Social Policy, vol. 38, no. 3, pp. 505–526 . https://doi.org/10.1177/0261018318766987 |
ISSN: | 1461-703X 0261-0183 |
Popis: | This article explains the popular revolt against austerity in Southern Europe as the outcome of profound politico-economic changes that are shaped by the transformation of the European Union’s (EU’s) macro-economic governance. It comprises three parts. The first part demonstrates how ordoliberalism – the Germanic variant of (neo)liberal economic thinking – was embedded in the EU’s new macro-economic governance, in processes that constitutionalise austerity and remove democratic controls over the economy. The second part examines the impact of austerity-driven reforms on welfare and employment in the aftermath of the sovereign debt crisis. These reforms undermined the social reproduction of Southern Europe’s familistic welfare model by destabilising three key pillars of social protection: employment security for households’ primary earners; small property ownership; and pension adequacy. The third part analyses the emergence of anti-austerity social politics in Southern Europe, both parliamentary and grassroots, and assesses their effectiveness in light of the collapse of public trust in both EU and domestic political institutions. The article concludes with our reflections on the fragility of EU’s integration process under the hegemony of ordoliberalism. |
Databáze: | OpenAIRE |
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