Austerity: A Journey to an Unknown Territory: Discourses, Economics and Politics

Austerity is still a hotly debated topic that cannot be reduced to cuts in public spending. On the contrary, austerity is a complex terrain that stretches across economic, political and cultural dimensions. Some observers, therefore, speak of an ‘Age of Austerity’. But the causes and consequences of this central issue of our time remain controversial. Supporters of austerity argue that it is a rational way back to financial sustainability and economic growth, whereas critics think that it is a dangerous neo-liberal idea that bites or even kills. This book combines tools from linguistics, economics and political science to deal with the complexity of the different lands of austerity and the scientific tribes that live in them. This combination allows the book’s authors to find an innovative way through the still rather unchartered territory of austerity.