Abstract
The Fiscal Crisis of the State by James O’Connor was published in 1973. Yet the book has a direct relevance for understanding social policy today. By 1993 the British budget deficit had reached £50 billion, or about £1000 government borrowing for each person in Britain. Substantial tax increases and spending cuts were announced to help bridge this fiscal gap. Understanding the fiscal crisis of the state remains of first-rank importance to all students of social policy.2
A shortened version of ‘O’Connor’, a chapter in Modern Thinkers on Welfare, edited by Vic George and Robert Page, Harvester Wheatsheaf, 1995.
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© 1996 Pearson Education Ltd
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Gough, I. (1996). The Fiscal Crisis of the State: The Contribution of James O’Connor. In: Global Capital, Human Needs and Social Policies. Palgrave Macmillan, London. https://doi.org/10.1057/9780230289093_3
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DOI: https://doi.org/10.1057/9780230289093_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-92687-1
Online ISBN: 978-0-230-28909-3
eBook Packages: Palgrave Political & Intern. Studies CollectionPolitical Science and International Studies (R0)