The future has been postponed: The Great Financial Crisis and British politics
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The Great Financial Crisis was the most profound financial and regulatory crisis in the United Kingdom since before the First World War. It should have an equally fundamental impact on the future of the governing system. Yet the signs are that radical change is not happening. The explanation for this throws light on the structure of the politics of the financial elite, on the decay of political parties and on the difficulties in converting civil society activism into effective policy reform. The future will be postponed until some means is found of linking programmatic action with civil society discontent.
Keywordsfinancial crisis regulation City of London civil society protest
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