Introduces the key economic thinkers alongside political economists from other disciplines to provide a broad and interdisciplinary introduction to theories of political economy. The unique structure combines discussions of key theorists with developments in theory to introduce readers to the idea that political economy is both an approach to understanding capitalism and a reflection of capitalism at particular moments. Visual support, such as tables, charts, maps, and graphs, along with breakout boxes providing short summaries and important asides are utilized throughout the book to ensure that the text appeals to a broad range of students.

Introduces the key economic thinkers alongside political economists from other disciplines to provide a broad and interdisciplinary introduction to theories of political economy. The unique structure combines discussions of key theorists with developments in theory to introduce readers to the idea that political economy is both an approach to understanding capitalism and a reflection of capitalism at particular moments. Visual support, such as tables, charts, maps, and graphs, along with breakout boxes providing short summaries and important asides are utilized throughout the book to ensure that the text appeals to a broad range of students.

Austerity is not always one-size-fits-all; it can be a flexible, class-based strategy taking several forms depending on the political-economic forces and institutional characteristics present. This important book identifies continuity and variety in crisis-driven austerity restructuring across Canada, Denmark, Ireland and Spain. In their analysis, the authors focus on several components of austerity, including fiscal and monetary policy, budget narratives, public sector reform, labor market flexibilization, and resistance. In so doing, they uncover how austerity can be categorized into different dynamic types, and expose the economic, social, and political implications of the varieties of austerity.

"The book is both timely and sorely needed. There is simply nothing like it. A brilliant and surprisingly clear analysis of the theory and practice of Canadian politics in the current conjuncture of capitalist development, the authors provide an exceptionally clear and most useful exposition of the forces at play, arising out of the propensity of capitalism towards crisis." Examining Canadian political and economic developments of the twenty-first century, Private Affluence, Public Austerity provides a systematic analysis of the dynamics of Canadian politics in the era of neoliberal globalization. Stephen McBride and Heather Whiteside conclude that, although the last three decades of neoliberal rule are characterized by recurrent crises, the system has proven to be resilient -- even in the face of a severe recession. Canada's "business as usual" approach to the recent financial crisis, an approach that fails to challenge the policies that are fundamental to the system and culpable for the crisis, is striking. Through policies aimed at the dismantling of the welfare state, privatization and the reduction of the state's economic role -- as well as an enthusiastic embrace of globalization and liberalized trade and investment regimes -- the legacy of the Canadian political system is one of private affluence, public austerity and democratic decline. Private Affluence, Public Austerity asks us to consider the relationship between neoliberalism and crisis, and their role in democratic decline. What is the legacy of neoliberalism? It also asks the difficult questions: What is the future of neoliberalism? And what role will Canada play in charting the course of that future? This book offers an engaging and enlightening exploration of the theories of contemporary capitalism and reminds us that overcoming democratic malaise is a necessary first step on the path to change.

In Canadian Political Economy, experts from a number of disciplinary backgrounds come together to explore Canada's empirical political economy and the field's contributions to theory and debate. Considering both historical and contemporary approaches to CPE, the contributors pay particular attention to key actors and institutions, as well as developments in Canadian political-economic policies and practices, explored through themes of changes, crises, and conflicts in CPE. Offering up-to-date interpretations, analyses, and descriptions, Canadian Political Economy is accessibly written and suitable for students and scholars. In 17 chapters, the book's topics include theory, history, inequality, work, free trade and fair trade, co-operatives, banking and finance, the environment, indigeneity, and the gendered politics of political economy. Linking longstanding debates with current developments, this volume represents both a state-of-the-discipline and a state-of-the-art contribution to scholarship.

In a public-private partnership, or P3, a private, for-profit corporation assumes control over the design, construction, financing and operation of public infrastructure and services. P3s have been used in Canada since the early 1990s, but they are now so common that they have become the standard way in which multimillion-dollar projects and services are delivered across the country. There are now more than two hundred P3 projects in this country, with contract lengths from twenty to ninety-nine years. The problem? P3s fundamentally transform public infrastructure, public services, labour relations, public sectors and the everyday lives of Canadians. While contracting out services is supposed to save money, P3s often cost more in the long run and are host to poor working conditions and confidentiality and accountability issues. And in the end, it is us, the public, who foots the bill for these increasing costs, essentially subsidizing corporate investments for services that our governments used to provide.

In Canadian Political Economy, experts from a number of disciplinary backgrounds come together to explore Canada's empirical political economy and the field's contributions to theory and debate. Considering both historical and contemporary approaches to CPE, the contributors pay particular attention to key actors and institutions, as well as developments in Canadian political-economic policies and practices, explored through themes of changes, crises, and conflicts in CPE. Offering up-to-date interpretations, analyses, and descriptions, Canadian Political Economy is accessibly written and suitable for students and scholars. In 17 chapters, the book's topics include theory, history, inequality, work, free trade and fair trade, co-operatives, banking and finance, the environment, indigeneity, and the gendered politics of political economy. Linking longstanding debates with current developments, this volume represents both a state-of-the-discipline and a state-of-the-art contribution to scholarship.

Since the start of the twenty-first century, Canadian provinces have increasingly begun turning to the private sector to finance and construct large-scale infrastructure projects. From a critical public policy perspective, the danger of these public-private partnerships (P3s) is that they are more than just new ways to deliver public infrastructure. They are neoliberal projects that privatize and corporatize the basis of public services. Analyzing four Canadian P3 hospital projects, Heather Whiteside argues that P3s not only fail to fulfill the promises made by their proponents but also compromise public control of health policy, outcomes, and future plans. Yet, despite these disadvantages, the use of P3s is being normalized and expanded in BC and Ontario through capital planning frameworks and special government agencies that support and encourage P3 projects. Based on extensive interviews with academic experts, union representatives, provincial government decision-makers, and private sector partners, Purchase for Profit will be important for those studying public policy in any of the areas in which P3s are now being adopted.

Since the start of the twenty-first century, Canadian provinces have increasingly begun turning to the private sector to finance and construct large-scale infrastructure projects. From a critical public policy perspective, the danger of these public-private partnerships (P3s) is that they are more than just new ways to deliver public infrastructure. They are neoliberal projects that privatize and corporatize the basis of public services. Analyzing four Canadian P3 hospital projects, Heather Whiteside argues that P3s not only fail to fulfill the promises made by their proponents but also compromise public control of health policy, outcomes, and future plans. Yet, despite these disadvantages, the use of P3s is being normalized and expanded in BC and Ontario through capital planning frameworks and special government agencies that support and encourage P3 projects. Based on extensive interviews with academic experts, union representatives, provincial government decision-makers, and private sector partners, Purchase for Profit will be important for those studying public policy in any of the areas in which P3s are now being adopted.