First is the constraining force of the contemporary social structure of accumulation SSA, explains continued dominance of neoliberalism and austerity urbanism, can no longer reproduce itself on the basis, the post war era promoted less regressive patterns of growth. Second orienting frame places urban fiscal crisis in the context of financialisation, increasing importance of finance, urban austerity favours creditors to the detriment of individuals, household borrowers and nations, a redistributive process in which the overaccumulation of capital, the product of increased inequality which the lions share of income has been appropriated by a small elite, feeds two dominant processes