Authors:
- 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 profound structural weaknesses in the British economy
Part of the book series: Building a Sustainable Political Economy: SPERI Research & Policy (SPERIRP)
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Table of contents (8 chapters)
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Front Matter
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Back Matter
About this book
“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 informed, conjuncturally nuanced, empirically robust and provides a solid basis for analysing developments following the Brexit debacle, whatever these might be.”—Bob Jessop, Lancaster University, UK
“If you are not yet familiar with Scott Lavery’s work, you very soon will be, as it is becoming increasingly difficult to overlook. With a clear mastery of both the politics and the economics of Coalition attempts to reduce the size of the state, Lavery shows with compelling precision how far and how quickly post-crisis Britain travelled from New Labour’s previous ‘one nation’ approach to macroeconomic governance.”—Professor Matthew Watson, University of Warwick, UK
“British capitalism was changed but not reformed after the financial crisis, and its deep pathologies now find expression in political volatility and ideological polarisation. In a persuasive and rich analysis Scott Lavery shows how we got to this point and what the future might hold.”—Andrew Gamble, University of Sheffield, UK
Keywords
- 2008 financial crisis
- global economy
- British economy
- government borrowing costs
- post-crisis conjuncture
- advanced capitalist economies
- stagflation
- neoliberal reforms
- privatised Keynesianism
- growth model perspective
- neo-Marxist state theory
- accumulation
- legitimation
- processes of continuity and change
- New Labour
- hybrid political economy
- finance-led accumulation strategy
- Coalition government
- Britain's budget deficit
- austerity
- British Politics
Authors and Affiliations
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Sheffield Political Economy Research Institute (SPERI), University of Sheffield, Sheffield, UK
Scott Lavery
About the author
Bibliographic Information
Book Title: British Capitalism After the Crisis
Authors: Scott Lavery
Series Title: Building a Sustainable Political Economy: SPERI Research & Policy
DOI: https://doi.org/10.1007/978-3-030-04046-8
Publisher: Palgrave Macmillan Cham
eBook Packages: Political Science and International Studies, Political Science and International Studies (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019
Hardcover ISBN: 978-3-030-04045-1Published: 15 January 2019
eBook ISBN: 978-3-030-04046-8Published: 29 December 2018
Series ISSN: 2946-3394
Series E-ISSN: 2946-3408
Edition Number: 1
Number of Pages: XI, 231
Number of Illustrations: 1 b/w illustrations, 6 illustrations in colour
Topics: International Political Economy, British Politics, Public Policy, Financial Crises, Political History, Political Theory