Politics in the age of austerity is a hugely important contribution to the contemporary literature on the political economy of the advanced capitalist countries featuring a series of penetrating essays by some of the fields foremost theorists the book offers a powerful and sobering picture of the dilemmas and constraints that . 1 introduction politics in the age of austerity 1 armin schafer and wolfgang streeck 2 public finance and the decline of state capacity in democratic capitalism 26 wolfgang streeck and daniel mertens 3 tax competition and fiscal democracy 59 philipp genschel and peter schwarz 4 governing as an engineering problem. Street politics in the age of austerity book description the past few years have seen an unexpected resurgence of street level protest movements around the world from the uprisings of the arab spring to the rise of the anti austerity indignados in spain and greece to the global spread of the occupy movement. A really interesting set of essays on the future of politics in an age of austerity each of the chapters offered some interesting insights but on the whole the book paints a pretty bleak picture of the future
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