• Publisher: *cf.
• 217 pages
• Author:
• Original title: Javni dolg: Kdo komu dolguje? Portugalska, Španija, Francija, Grčija, Argentina, Slovenija

The book depicts how the most recent financial crisis has led to the present public indebtedness of Portugal, Spain, France, Greece, Slovenia and Argentina. In the majority of cases, the rise in public debt was for the most part caused by the socialisation of private losses incurred before the crisis due to the credit expansions for speculative investments and tax cuts for the wealthy classes. Individual discussions analyse the genesis of the debts in each of the considered countries, while the introduction examines their common characteristics. The book also discusses how it would be possible to fix public debts without sacrificing the gains of the welfare states. The contributions were written by Slovenian (Rastko Močnik, Franček Drenovec, Maja Breznik and Sašo Furlan) and foreign authors (Francisco Louçã, Nacho Álvarez, Alan B. Cibils, members of CAC/Collectif pour un audit citoyen de la dette publique and members of the Board for the Truth about Public Debt).

Maja Breznik (1967) is a sociologist and a senior researcher at the Peace Institute, Ljubljana. Her main research interest is changing working conditions in global economic restructuring. The most recent book she published is Wage Labour: A Critique of Precarity Theories (Založba Sophia, Ljubljana, 2021).