Economic Thought And Policy In The Liberal Party C 1929 1964
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| Author | : Peter Sloman |
| Publisher | : |
| Total Pages | : 305 |
| Release | : 2015 |
| Genre | : Business & Economics |
| ISBN | : 0198723504 |
The Liberal Party and the Economy, 1929-1964 explores the reception, generation, and use of economic ideas in the British Liberal Party between its electoral decline in the 1920s and 1930s, and its post-war revival under Jo Grimond. Drawing on archival sources, party publications, and the press, this volume analyses the diverse intellectual influences which shaped British Liberals' economic thought up to the mid-twentieth century, and highlights the ways in which the party sought to reconcile its progressive identity with its longstanding commitment to free trade and competitive markets. Peter Sloman shows that Liberals' enthusiasm for public works and Keynesian economic management - which David Lloyd George launched onto the political agenda at the 1929 general election - was only intermittently matched by support for more detailed forms of state intervention and planning. Likewise, the party's support for redistributive taxation and social welfare provision was frequently qualified by the insistence that the ultimate Liberal aim was not the expansion of the functions of the state but the pursuit of 'ownership for all'. Liberal policy was thus shaped not only by the ideas of reformist intellectuals such as John Maynard Keynes and William Beveridge, but also by the libertarian and distributist concerns of Liberal activists and by interactions with the early neoliberal movement. This study concludes that it was ideological and generational changes in the early 1960s that cut the party's links with the New Right, opened up common ground with revisionist social democrats, and re-established its progressive credentials.
| Author | : Laurent Dobuzinskis |
| Publisher | : Taylor & Francis |
| Total Pages | : 323 |
| Release | : 2022-06-23 |
| Genre | : Business & Economics |
| ISBN | : 1000606457 |
Providing an account of the development of economic thought, this book explores the extent to which economic ideas are rooted in moral values. Adopting an approach rooted in ‘pragmatism’, the work explores key questions which have been considered by economists since the classical political economists. These include: what degree of priority ought to be granted to property rights among all individual liberties; whether uncertainties in economic life justify investing political authorities with the power to stabilize business cycles; whether it is better to trust entrepreneurial initiatives to resolve societal dilemmas or to centralize policy-making in the hands of a benevolent government. The chapters argue that economic thought has evolved from an emphasis on "sympathy" (as defined by Adam Smith) and that there has more recently been a rediscovery of the significance of sympathy reinvented as "fair reciprocity" in the wake of the emergence of behavioural economics and its connection to evolutionary psychology. This key book is of great interest to readers in the history of ideas, political and moral philosophy, and political economy.
| Author | : Peter Sloman |
| Publisher | : Oxford University Press |
| Total Pages | : 330 |
| Release | : 2019-10-30 |
| Genre | : Business & Economics |
| ISBN | : 0192542753 |
The idea of a guaranteed minimum income has been central to British social policy debates for more than a century. Since the First World War, a variety of market economists, radical activists, and social reformers have emphasized the possibility of tackling poverty through direct cash transfers between the state and its citizens. As manufacturing employment has declined and wage inequality has grown since the 1970s, cash benefits and tax credits have become an important source of income for millions of working-age households, including many low-paid workers with children. The nature and purpose of these transfer payments, however, remain highly contested. Conservative and New Labour governments have used in-work benefits and conditionality requirements to 'activate' the unemployed and reinforce the incentives to take low-paid work - an approach which has reached its apogee in Universal Credit. By contrast, a growing number of campaigners have argued that the challenge of providing economic security in an age of automation would be better met by paying a Universal Basic Income to all citizens. Transfer State provides the first detailed history of guaranteed income proposals in modern Britain, which brings together intellectual history and archival research to show how the pursuit of an integrated tax and benefit system has shaped UK public policy since 1918. The result is a major new analysis of the role of cash transfers in the British welfare state which sets Universal Credit in a historical perspective and examines the cultural and political barriers to a Universal Basic Income.
| Author | : David Thackeray |
| Publisher | : Springer Nature |
| Total Pages | : 331 |
| Release | : 2020-08-04 |
| Genre | : History |
| ISBN | : 3030466639 |
Nobody doubts that politicians ought to fulfil their promises – what people cannot agree about is what this means in practice. The purpose of this book is to explore this issue through a series of case studies. It shows how the British model of politics has changed since the early twentieth century when electioneering was based on the articulation of principles which, it was expected, might well be adapted once the party or politician that promoted them took office. Thereafter manifestos became increasingly central to electoral politics and to the practice of governing, and this has been especially the case since 1945. Parties were now expected to outline in detail what they would do in office and explain how the policies would be paid for. Brexit has complicated this process, with the ‘will of the people’ as supposedly expressed in the 2016 referendum result clashing with the conventional role of the election manifesto as offering a mandate for action.
| Author | : Karl Polanyi |
| Publisher | : Penguin Classics |
| Total Pages | : 0 |
| Release | : 2024-06-20 |
| Genre | : Business & Economics |
| ISBN | : 9780241685556 |
'One of the most powerful books in the social sciences ever written. ... A must-read' Thomas Piketty 'The twentieth century's most prophetic critic of capitalism' Prospect Karl Polanyi's landmark 1944 work is one of the earliest and most powerful critiques of unregulated markets. Tracing the history of capitalism from the great transformation of the industrial revolution onwards, he shows that there has been nothing 'natural' about the market state. Instead of reducing human relations and our environment to mere commodities, the economy must always be embedded in civil society. Describing the 'avalanche of social dislocation' of his time, Polanyi's hugely influential work is a passionate call to protect our common humanity. 'Polanyi's vision for an alternative economy re-embedded in politics and social relations offers a refreshing alternative' Guardian 'Polanyi exposes the myth of the free market' Joseph Stiglitz With a new introduction by Gareth Dale
| Author | : Roger Backhouse |
| Publisher | : Oxford University Press |
| Total Pages | : 265 |
| Release | : 2017 |
| Genre | : Business & Economics |
| ISBN | : 019067668X |
Liberalism and the Welfare State investigates the thinking of liberal economists about welfare, focusing on Britain, Germany and Japan, each of which had a different tradition of economic thinking and different institutions for welfare provision.
| Author | : Robert Ledger |
| Publisher | : Routledge |
| Total Pages | : 120 |
| Release | : 2021-03-04 |
| Genre | : Business & Economics |
| ISBN | : 1000352323 |
This book investigates the policies of the Thatcher, Major and Blair governments and their approaches towards concentration of economic and political power. The 1979–2007 British governments have variously been described as liberal or, to use a political insult and a favourite academic label, neoliberal. One of the stated objectives of the Thatcher, Major and Blair governments—albeit with differing focal points—was to disperse power and to empower the individual. This was also a consistent theme of the first generation of neoliberals, who saw monopolies, vested interests and concentration more generally as the ‘great enemy of democracy’. Under Thatcher and Major, Conservatives sought to liberalize the economy and spread ownership through policies like Right to Buy and privatisation. New Labour dispersed political power with its devolution agenda, granted operational independence to the Bank of England and put in place a seemingly robust antitrust framework. All governments during the 1979–2007 period pursued choice in public services. Yet our modern discourse characterises Britain as beset by endemic power concentration, in markets and politics. What went wrong? How did so-called neoliberal governments, which invoked liberty and empowerment, fail to disperse power and allow concentration to continue, recur or arise? The book will be of interest to students and scholars of contemporary British history, political economy and politics, as well as specific areas of study such as Thatcherism and New Labour.
| Author | : Gareth Austin |
| Publisher | : Boydell & Brewer |
| Total Pages | : 344 |
| Release | : 2022 |
| Genre | : Great Britain |
| ISBN | : 1783276460 |
Examining the domestic politics of imperial expansion these essays question the role of the Industrial Revolution and British imperial leadership beyond the issue of hierarchy and The Great Divergence. This volume brings together leading global economic historians to honour Patrick O'Brien's contribution to the establishment of global economic history as a coherent and respected field in the academy. Inspired by O'Brien's seminal work on the British Industrial Revolution as a global phenomenon, these essays expand the role of the Industrial Revolution and British imperial leadership beyond the issue of hierarchy and The Great Divergence. The change from the protective Atlantic empire, 1650-1850, to the free trade empire of the last half of the long nineteenth century is elaborated as are the conscious efforts of the free trade empire to develop markets and market economies in Africa. British domestic politics associated with the change and the continuation to the recent politics of Brexit are fascinatingly narrated and documented, including the economic rationale for imperial expansion, in the first instance. The narrative continues to the crises of globalization caused by the world wars and the Great Depression, which forced the free trade British Empire to change course. Further, the effects of the crises and the imperial reaction on the East African colonies and on New Zealand and Australia are examined. Given current concerns about the environmental impact of economic activities, it is noteworthy that this volume includes the environmental impact of globalization in India caused by the free trade policy of the British free trade empire.
| Author | : David Brown |
| Publisher | : Oxford University Press |
| Total Pages | : 717 |
| Release | : 2018-03-29 |
| Genre | : History |
| ISBN | : 0191024279 |
The two centuries after 1800 witnessed a series of sweeping changes in the way in which Britain was governed, the duties of the state, and its role in the wider world. Powerful processes - from the development of democracy, the changing nature of the social contract, war, and economic dislocation - have challenged, and at times threatened to overwhelm, both governors and governed. Such shifts have also presented challenges to the historians who have researched and written about Britain's past politics. This Handbook shows the ways in which political historians have responded to these challenges, providing a snapshot of a field which has long been at the forefront of conceptual and methodological innovation within historical studies. It comprises thirty-three thematic essays by leading and emerging scholars in the field. Collectively, these essays assess and rethink the nature of modern British political history itself and suggest avenues and questions for future research. The Oxford Handbook of Modern British Political History thus provides a unique resource for those who wish to understand Britain's political past and a thought-provoking 'long view' for those interested in current political challenges.
| Author | : Marjorie Grice-Hutchinson |
| Publisher | : |
| Total Pages | : 0 |
| Release | : 2013-12-10 |
| Genre | : Economics |
| ISBN | : 9780415631044 |
The growth of serious interest during the last fifty years in the scholastic contribution to the development of economic thought has been very marked, and no-where more so than in the history of economic thought in Spain. First published in 1978, this book begins in the Middle Ages and traces the effect on business practice and on thought of the presence of the Christian, Islamic and Jewish communities who lived side by side in the Peninsula. It shows how the economics of Plato and Aristotle were transmitted by way of Toledo to the Latin West. In the second half of the book the author considers e~Salamancane(tm) ideas and the views of the political economists and e~projectorse(tm) who preceded the Enlightenment. At the same time she surveys the present state of the subject and offers bibliographical guidance for the reader.
