In The Politics of Public Debt Daniel Bin analyzes how fiscal and monetary policies and the administration of public debt related to class, labor, and democracy during the period of neoliberal financialization in Brazil. Sustained by state action, the politico-economic context allowed the establishment of a macroeconomic framework that favored finance capital. It was characterized by the expropriation of workers’ incomes through a system involving public debt and taxation, capable of deepening labor exploitation. Decisions about public debt and related policies are analyzed in terms of...