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Austerity Politics and UK Economic Policy

of: Craig Berry

Palgrave Macmillan, 2016

ISBN: 9781137590107 , 126 Pages

Format: PDF, Read online

Copy protection: DRM

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Austerity Politics and UK Economic Policy


 

Dedication

6

Acknowledgements

8

Contents

10

Abbreviations

12

chapter 1: Introduction: Austerity and Growth

14

Growth and Growth Models

15

The Rediscovery of Austerity

20

Chapter Outline and Main Arguments

24

References

27

chapter 2: Financialisation and the Property-Owning Autocracy

29

Austerity and the Housing Market

31

The Meaning of Monetary Activism

34

Financialisation and Everyday Discipline

38

Conclusion

42

Note

43

References

43

chapter 3: Industrial Decline and the Myth of Rebalancing

45

Rebalancing and Austerity

47

Industrial Policy and Manufacturing Since the Crisis

50

Powerhouse Politics

53

Conclusion

57

Note

59

References

59

chapter 4: Welfare Retrenchment and the Perversion of Full Employment

63

Employment Growth and Economic Recovery

65

The Impotence of Active Labour Market Policy

68

Austerity and Welfare

72

Conclusion

76

Notes

77

References

78

chapter 5: Deficit Reduction and Budget Irresponsibility

81

Austerity and Economics

84

Institutionalising Austerity

90

Conclusion

94

References

94

chapter 6: What’s Left?

98

Labour’s Disorientation

100

Corbynomics and the New Old Politics

106

Whither Social Democracy?

109

Conclusion

113

References

113

chapter 7: Conclusion

117

Austerity and Crisis

117

The UK Growth Model

119

And Finally

121

References

122

Index

123