ISBN-13: 9781138184503 / Angielski / Twarda / 2017 / 218 str.
ISBN-13: 9781138184503 / Angielski / Twarda / 2017 / 218 str.
The financial malaise that has affected the Eurozone countries of southern Europe - Spain, Portugal, Italy and, in its most extreme case, Greece - has been attributed to a number of factors with most analysis focusing on dry macroeconomic and financial factors. Although these aspects are undeniably important, geographical, political and sociological considerations are every bit their equal while the severe negative socio-spatial outcomes of the ultra-neoliberal austerity policies introduced supposedly to solve the crisis and the great variety of social movements resisting austerity and/or building dense solidarity networks in these countries are other factors that have come into play. The author deconstructs the myth that public debt in Southern Europe is the sole outcome of the spendthrift ways of Greece, Spain, Italy and Portugal. Instead, the wider restructuring tendencies of global capital - such as financialization and the pursuit of profit from all kinds of rent rather than from production - are seen to have found fertile ground in these societies.