The Role of Coercion in the Neoliberal Economy

Document Type

Blog Post

Publication Date

10-21-2024

Publisher

The Law and Political Economy Project

Language

en-US

Abstract

In Melinda Cooper’s narrative of extravagance and austerity in public finance, one of the most powerful organizing forces on austerity-side of the ledger were the taxpayers who rebelled against the U.S. government’s rather modest efforts at redistribution in the 1960s and 1970s. From Sacramento to Washington D.C., conservative strategists exploited white anxieties about economic uncertainty and white hostilities to demographic shifts in America’s cities to push through a series of popular referenda that fundamentally altered the state’s power to tax.

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