Taxing Wars: The American Way of War Finance and the Decline of Democracy
by Sarah Kreps
Taxing Wars delves into the American way of financing conflicts, from taxation to debt, and its role in eroding democratic oversight. Sarah Kreps reveals how these financial choices enable wars without broad public buy-in, reshaping politics and accountability in profound ways.
About This Book
In Taxing Wars, Sarah Kreps investigates the evolution of war finance in the United States, highlighting the transition from direct taxation to reliance on borrowing.
This method of funding conflicts has allowed leaders to avoid immediate public scrutiny, altering the democratic process that once tied war decisions to citizen consent.
The book analyzes historical patterns and their impact on contemporary policy, revealing how financial strategies influence political accountability.
Kreps draws on economic and political insights to illustrate the broader implications for democratic governance in times of war.
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