Disciplining Greece: Crisis Management and Its Discontents

Steven Panageotou

Review of Radical Political Economics, 2017, vol. 49, issue 3, 358-374

Abstract: The strategy intended to resolve the Greek financial crisis is not a resolution strategy at all—it is more accurately conceptualized as a crisis management strategy, which is insufficient to reduce the public debt and instead fuels a deflationary spiral. Consequently, power is wielded by unelected, international political and financial institutions and actors, the crisis management regime, who have engendered a wave of discipline, surveillance, and control alongside a neoliberal restructuring of the Greek economy. JEL Classification: G01, E62, P16

Keywords: neoliberalism; democracy; ideology; financial crisis; Greece; austerity (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:49:y:2017:i:3:p:358-374

DOI: 10.1177/0486613417703971

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