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| 020 | ▼a 9780674976788 ▼q (cloth) | |
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| 084 | ▼a 330.122 ▼2 DDCK | |
| 090 | ▼a 330.122 ▼b B283t | |
| 100 | 1 | ▼a Bartel, Fritz. |
| 245 | 1 4 | ▼a The triumph of broken promises : ▼b the end of the Cold War and the rise of neoliberalism / ▼c Fritz Bartel. |
| 260 | ▼a Cambridge, Massachusetts ; ▼a London, England : ▼b Harvard University Press, ▼c 2022. | |
| 264 | 1 | ▼a Cambridge, Massachusetts ; ▼a London, England : ▼b Harvard University Press, ▼c [2022] |
| 300 | ▼a 429 p. ; ▼c 24 cm. | |
| 336 | ▼a text ▼b txt ▼2 rdacontent | |
| 337 | ▼a unmediated ▼b n ▼2 rdamedia | |
| 338 | ▼a volume ▼b nc ▼2 rdacarrier | |
| 504 | ▼a Includes bibliographical references and index. | |
| 505 | 0 | ▼a Introduction: Making and breaking promises -- Part one. The privatization of the Cold War: The oil shock to the Cold War -- Years of illusion and reckoning -- Defeating the enemy within -- The capitalist perestroika -- The economic Cold War -- Part two. The end of the Cold War: The socialist perestroika -- A period of extraordinary politics -- The coercion of creditworthiness -- Exit, violence, or austerity -- Discipline or retreat -- Conclusion: The triumph of broken promises. |
| 520 | ▼a "Communist and capitalist states alike were scarred by the economic shocks of the 1970s. Why did only communist governments fall in their wake? Fritz Bartel argues that Western democracies were insulated by neoliberalism. While austerity was fatal to the legitimacy of communism, democratic politicians could win votes by pushing market discipline"--Provided by publisher. | |
| 650 | 0 | ▼a Neoliberalism. |
| 650 | 0 | ▼a Cold War. |
| 650 | 0 | ▼a Recessions ▼x History ▼y 20th century. |
| 650 | 0 | ▼a Financial crises ▼x History ▼y 20th century. |
| 650 | 0 | ▼a Capitalism ▼x History ▼y 20th century. |
| 651 | 0 | ▼a Communist countries ▼x Economic conditions ▼y 20th century. |
| 945 | ▼a ITMT |
Holdings Information
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| No. 1 | Location Main Library/Western Books/ | Call Number 330.122 B283t | Accession No. 111886553 (3회 대출) | Availability Available | Due Date | Make a Reservation | Service |
Contents information
Book Introduction
A powerful case that the economic shocks of the 1970s hastened both the end of the Cold War and the rise of neoliberalism by forcing governments to impose austerity on their own people.
Why did the Cold War come to a peaceful end? And why did neoliberal economics sweep across the world in the late twentieth century? In this pathbreaking study, Fritz Bartel argues that the answer to these questions is one and the same. The Cold War began as a competition between capitalist and communist governments to expand their social contracts as they raced to deliver their people a better life. But the economic shocks of the 1970s made promises of better living untenable on both sides of the Iron Curtain. Energy and financial markets placed immense pressure on governments to discipline their social contracts. Rather than make promises, political leaders were forced to break them. In a sweeping narrative, The Triumph of Broken Promises tells the story of how the pressure to break promises spurred the end of the Cold War. In the West, neoliberalism provided Western leaders like Ronald Reagan and Margaret Thatcher with the political and ideological tools to shut down industries, impose austerity, and favor the interests of capital over labor. But in Eastern Europe, revolutionaries like Lech Walesa in Poland resisted any attempt at imposing market discipline. Mikhail Gorbachev tried in vain to reform the Soviet system, but the necessary changes ultimately presented too great a challenge. Faced with imposing economic discipline antithetical to communist ideals, Soviet-style governments found their legitimacy irreparably damaged. But in the West, politicians could promote austerity as an antidote to the excesses of ideological opponents, setting the stage for the rise of the neoliberal global economy.Information Provided By: :
Table of Contents
Introduction: Making and Breaking Promises 1 Part 1 The Privatization of the Cold War 1 The Oil Shock to the Cold War 23 1 Years of Illusion and Reckoning 51 3 A Tale of Two Crises 75 4 The Capitalist Perestroika 110 5 The Economic Cold War 134 Part 2 The End of the Cold War 6 The Socialist Perestroika 169 7 A Period of Extraordinary Politics 201 8 The Coercion of Creditworthiness 233 9 Exit, Violence, or Austerity 259 10 Discipline or Retreat 292 Conclusion: The Triumph of Broken Promises 331 Notes 349 Acknowledgments 413 Index 417