Corporate Welfare Policy and the Welfare State: Bank Deregulation and the Savings and Loan Bailout

Forsideomslag
Transaction Publishers - 172 sider

This volume offers a redefinition of the welfare state as a power process that involves shifts in relative emphasis on both corporate and social welfare processes and expenditures. Through an analysis of the 1989 savings and loan bailout, the authors reveal the dynamics of the welfare process, and provide central case studies and a conceptual framework for policy debates on welfare "as we know it."

 

Indhold

Introduction Corporate Welfare and the Welfare State
1
THEORIES OF THE STATE
5
UNDERSTANDINGS OF INTRACLASS UNITY AND POLICY FORMATION
6
CONTINGENCY AND POLICY FORMATION
16
METHODOLOGY
23
ORGANIZATION OF THE BOOK
25
Bank Deregulation
27
Anatomies of Failures Case Studies of Savings and Loan Crises
43
PACS AND POLICY FORMATION
84
FINANCIAL PACS AND CONGRESSIONAL BANKING COMMITTEES
87
HYPOTHESES DATA AND METHODS
90
WHAT DID THEY BUY AND WHEN DID THEY BUY IT?
94
DISCUSSION
106
Too Big to Fail? A Tale of Two Banks
113
BANK OF NEW ENGLAND
114
FREEDOM NATIONAL BANK
119

DEREGULATION AND UNREAL ESTATE SPECULATION
50
DISCUSSION
58
The Savings and Loan Bailout Continuation of the State Project
61
AND ENFORCEMENT ACT FIRREA CONTINUATION OF THE STATE PROJECT
64
THE FIRREA AND THE AFFORDABLE HOUSING PROGRAM
69
DE FACTO AHP IMPLEMENTATION
75
Bank PACs and the Legislative Process To Market to Market to Buy What?
83
DISCUSSION
131
Reconceptualizing the Welfare State
137
CORPORATE WELFARE VS SOCIAL WELFARE PROCESSES
138
THEORIES OF THE STATE
140
THE FUTURE OF THE WELFARE STATE
148
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