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Titlebook: British Capitalism After the Crisis; Scott Lavery Book 2019 The Editor(s) (if applicable) and The Author(s), under exclusive license to Sp

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发表于 2025-3-21 16:08:10 | 显示全部楼层 |阅读模式
期刊全称British Capitalism After the Crisis
影响因子2023Scott Lavery
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发行地址Compares the political economy of pre- and post-crisis British governments.Analyses development of capitalism in Britain over the last three decades.Argues that austerity has consolidated a series of
学科分类Building a Sustainable Political Economy: SPERI Research & Policy
图书封面Titlebook: British Capitalism After the Crisis;  Scott Lavery Book 2019 The Editor(s) (if applicable) and The Author(s), under exclusive license to Sp
影响因子The 2008 financial crisis rocked British capitalism to its foundations. More than a decade after the crash, the country is still dealing with its consequences. This book explores the extent to which British capitalism has been reconfigured in this tumultuous period. Advancing an in-depth analysis of the political economy of New Labour, the Coalition and the period after Brexit, the book argues that deep structural weaknesses have been re-embedded within British capitalism. The Coalition promised to eliminate the deficit in one parliament and to ‘rebalance’ the British economy. It did neither. Instead, real wages slumped, uneven development intensified and productivity stagnated. An era of volatile post-crisis politics - exemplified by Brexit, the May government and the rise of Corbyn - emerged in this context, threatening the foundations of the old order. This book is required reading for students and scholars interested in the fractious political economy of British capitalism after the crisis..“Lavery’s book on the flawed political economy of Britain’s hybrid variant of capitalism after the 2008 financial crisis is a tour de force. It is theoretically sophisticated, historically i
Pindex Book 2019
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Introduction,sts skyrocketed. The crash brought a period of sustained and stable capitalist expansion to an abrupt halt. In its aftermath, a new ‘post-crisis conjuncture’ emerged. This book asks to what extent British capitalism came to be reconfigured during this period. This introductory chapter places the 200
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British Capitalism Before the Crisis,ial compact which had underpinned the Bretton Woods settlement. The crisis was ‘resolved’ through a series of neoliberal reforms designed to discipline labour and re-establish the primacy of market forces. A new growth model of ‘privatised Keynesianism’ subsequently emerged in Britain, which maintai
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Theorising Capitalist Stability,lism. This chapter advances a theoretical framework which overcomes these limitations. Drawing on neo-Marxist state theory, the chapter argues that state managers are typically driven to secure two often contradictory objectives: accumulation on the one hand and legitimation on the other. By activel
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,The Coalition’s Accumulation Strategy, economy. On both counts, it failed. The Coalition’s pursuit of austerity prolonged the economic downturn, constrained tax receipts and undermined deficit reduction. When growth returned, it was driven by falling savings, rising consumption and growing imports. By the end of the 2010 to 2015 parliam
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Conclusion,ng about a similar reconfiguration. Within Britain, it appeared that the Coalition government had contained the crisis by 2015. The Coalition effectively re-established Britain’s finance-led growth model and pursued an orthodox liberal policy of austerity. However, under the surface, important shift
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