Abstract:State responses to the global financial and European sovereign debt crisis have been dominated by a paradigm of austerity. This paradigm has called for the reduction of public expenditure on the basis that recent economic crises were caused by excessive public spending and debt. In contrast to explanations of austerity's persistence that focus on the role of powerful actors or institutions, this article will highlight the role of discourse and argumentation. To do so, the article presents a political claims an… Show more
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.