Austerity and Anti-Austerity: The Political Economy of Refusal in ‘Low-Resistance’ Models of Capitalism

Abstract

In contrast to much of the political economy literature, this article explores acts of refusal that obstruct attempts to impose austerity measures on advanced industrial democracies. It thereby complements a literature that has thus far focused far more upon the (apparently unobstructed) imposition of austerity. In doing so, it uses two typically ‘low-resistance’ countries – Japan and the UK –as least-likely cases and finds that austerity is rarely uncontested. Using fuzzy set Qualitative Comparative Analysis, it highlights the ‘causal recipes’ sufficient for both (1) anti-austerity activity to have a significant impact on austerity proposals and (2) the smooth (unobstructed) imposition of austerity. The politics of austerity is shown to be better understood as an iterative interaction between proposals for austerity and the acts of refusal they encounter. These obstacles to austerity appear more straightforward to activate effectively in Japan’s coordinated model of capitalism, whilst the UK’s liberal market economy tends to generate more innovative forms of dissent that (if they are sufficiently militant) provide an alternative route towards the obstruction of austerity.