Craig Berry assesses UK economic policy in the wake of the financialcrisis through the lens of the austerity agenda, focusing on monetary policy,economic rebalancing, industrial and regional policy, the labour market,welfare reform and budgetary management. He argues that austerity is gearedtowards a resurrection of financialisation and the UK's pre-crisis economic model,through the transformation of individual behaviour and demonisation of thestate. Cutting public spending and debt in the short term is, at most, asecondary concern for the UK policy elite. However, the underlying purpose ofausterity is frequently misunderstood due to its conflation with a narrowdeficit reduction agenda, not least by its Keynesian critics. Berry alsodemonstrates how austerity has effectively dismantled the prospect of acentre-left alternative to neoliberalism.
Craig Berry assesses UK economic policy in the wake of the financialcrisis through the lens of the austerity agenda, focusing on monetary policy,economic rebalancing, industrial and regional policy, the labour market,welfare reform and budgetary management. He argues that austerity is gearedtowards a resurrection of financialisation and the UK's pre-crisis economic model,through the transformation of individual behaviour and demonisation of thestate. Cutting public spending and debt in the short term is, at most, asecondary concern for the UK policy elite. However, the underlying purpose ofausterity is frequently misunderstood due to its conflation with a narrowdeficit reduction agenda, not least by its Keynesian critics. Berry alsodemonstrates how austerity has effectively dismantled the prospect of acentre-left alternative to neoliberalism.
Austerity is perhaps the major challenge of our times, given the speed at which it arrived and the consequences of its impact upon society. The global financial crash and economic downturn was the...
This book explains the politics of thirty years of 'market reform' in the English NHS, with the rest of the UK a counter-factual. Paton shows how each subsequent reform has been shaped by the...
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