Tag Archives for neoliberalism

Labour’s Titanic Brexit nightmare

Matthew Bishop

In even flirting with leaving the EU Single Market, the UK is heading full steam towards an iceberg of historic proportions, and this will destroy Labour if a change of course is not pursued We are plausibly living through the endgame of a neoliberalism that has drastically over-reached itself. The great value of Corbynism is its recognition of this essential … Continue reading

24 July 2017 by
Categories: SPERI Comment | Tags: , , , , | 18 comments

The great Australian neoliberal experiment

The story of how Australia embraced the free market On April 7th the new Secretary of the Australian Council of Trade Unions (ACTU), Sally McManus, declared that Neoliberalism ‘had run its course’ in Australia. McManus argued that Australia’s embrace of the free market in the 1970s and 1980s had lead to greater inequality amongst its population with ‘ordinary Australians’ becoming … Continue reading

6 June 2017 by
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Forever young, but never young?

Craig Berry

Alan France’s ambitious account of young people’s experience of economic crisis across eight developed countries shows what it means to be young has been transformed There is a strong consensus among the social science community that young people are among the groups most affected by the 2008 global financial crisis, in part because they will live with the aftermath for … Continue reading

15 February 2017 by
Categories: SPERI Comment | Tags: , , , , , | 1 comment

Is there a Scottish economic model?

Ewan Gibbs

Nicola Sturgeon is keen to emphasis a distinctive Scottish model – yet the SNP’s style and rhetoric differ from the substance and reality of Scotland’s economy Last November Professor Tony Payne introduced Scotland’s First Minister, Nicola Sturgeon, before she delivered SPERI’s Annual Lecture, by highlighting how the vision for Scotland she set out in the 2015 general election represented a … Continue reading

5 January 2017 by
Categories: SPERI Comment | Tags: , , , , , , , , , | 1 comment

The world as we know it is a world that never was

Craig Berry

Donald Trump’s election reminds us that world order is based on American imperial power, not liberal ideals – the American empire’s unravelling will now be accelerated There has been much anxiety expressed in recent days on what the election of Donald Trump in the United States, on the back of the Brexit vote in Britain, says about ‘us’ (whether the … Continue reading

7 December 2016 by
Categories: Politics and policy, SPERI Comment, USA | Tags: , , , , , , , , , , , , | Leave a comment

Trump, Brexit and neoliberalism

To understand the twin electoral disasters of 2016 we need to consider the central role played by austerity and the media Simon Wren-Lewis is the winner of the 2016 New Statesman/SPERI Prize for Political Economy. Tonight he will deliver his Prize Lecture to a sold-out audience in London. How do we explain the two great Anglo-Saxon electoral disasters of 2016: … Continue reading

22 November 2016 by
Categories: SPERI Comment | Tags: , , , , , , , | 2 comments

The Coming Crisis: we do not have much time

Professor Andrew Gamble

The political economy problems we face are complex and loom large; new solutions are needed and time is of the essence As the previous blogs in this series demonstrate, the political economy problems facing us are complex, intractable, and in many cases deepening. Recovery from the 2008 crash has been slow and uneven, and as Tony Payne points out, all … Continue reading

13 July 2016 by
Categories: Debt, Inequality, SPERI Comment, The coming crisis | Tags: , | 1 comment

New SPERI Brief: Neoliberalism, austerity and the UK media

SPERI’s latest British Political Economy Brief presents new analysis of newspaper coverage of the financial crisis and austerity. A new study by Luke Temple analysed 1,000 quotes from named individuals in articles concerning the financial crisis, recession or austerity in five national newspapers between 2007 and 2014. The findings of the study show how the coverage portrayed people as ‘dehumanised … Continue reading

17 December 2015 by
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The rise and fall of the World Bank’s global pension model

The global economic crisis has prompted the rapid demise of a treasured neoliberal pet project In many ways neoliberalism still seems an unshakeable paradigm.  However, in the pension reform arena governments across the world are abandoning pension privatisation in favour of a return to a primary role for the state.  This post charts the rise and fall of pension privatisation … Continue reading

1 December 2015 by
Categories: Economics, Finance, Politics and policy, Social science, SPERI Comment, Tax, Welfare | Tags: , , , , , , , | 1 comment

The self-protection of European society (inside and outside the EU)

Owen Parker

Growing political turmoil in Greece, Spain and Turkey could be a precursor to a Polanyian ‘great transformation’ away from neoliberalism Many commentators on the global financial crisis and its aftermath in the European context have sought to make sense of the widespread political resistance and protest that has emerged in its wake.  Karl Polanyi, a well-known figure among political economists, … Continue reading

24 September 2015 by
Categories: Europe and the EU, Global crisis, Political theory, Politics and policy, Social science, SPERI Comment | Tags: , , , , , , , , , | Leave a comment

The British crisis and the ‘end of neoliberalism’

Pia Riggirozzi and Jean Grugel

There are many useful lessons to be learnt from the Latin American debate about ‘post-neoliberal’ political economy The crisis in British politics, from the slow, partial and uneven economic recovery to the exhaustion of the Westminster model in the wake of the Scottish referendum, is in the news. Academic commentary following the financial crisis in 2007-8 has focused on political … Continue reading

19 November 2014 by
Categories: British growth crisis, Global South, Inequality, Politics and policy, SPERI Comment, Tony Payne | Tags: , , , , , , | Leave a comment

Is neoliberalism at last unravelling in Britain?

Tony Payne

The crisis of the British political economy has now become an urgent crisis also for British politics I just don’t understand why mainstream political commentators in Britain are not shouting about it in every column and appearance on radio and television.  But it can be said in no uncertain terms on the SPERI blog: the unfolding crisis of the British … Continue reading

5 November 2014 by
Categories: Politics and policy, SPERI Comment | Tags: , , , , , , , , | 8 comments

‘Tartan neoliberalism’ isn’t driving the campaign for Scottish independence

Scott Lavery

There is instead the prospect of a re-awakened social democracy In his blog posted two days ago, Craig Berry states that ‘cold-hearted analysis of Britain’s political economy’ has led him to advocate a ‘No’ vote in the forthcoming Scottish independence referendum.  His argument is that the SNP’s ‘tartanised neoliberalism’ will ultimately entrench an independent Scotland’s ‘subservience’ to the UK’s finance-led … Continue reading

11 September 2014 by
Categories: Economics, SPERI Comment | Tags: , , , , | Leave a comment

Scotland can do better than ‘tartanised’ neoliberalism

Craig Berry

The SNP has failed to offer a meaningful alternative to the UK’s flawed economic model – a view from Northern England If I were Scottish, I genuinely don’t know how I would vote in the upcoming independence referendum.  After centuries of subservience to the London metropolis, the lure of self-rule must be extremely tempting.  Yet, as a non-Scot, I’m desperately … Continue reading

9 September 2014 by
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Scotland, England and currency union – or two bald men and a comb

Craig Berry

The phoney currency debate in Scotland relies on misunderstanding and is helping to marginalise the real alternatives Craig Berry and Richard Berry   The intervention from senior UK politicians on the SNP’s plans for a currency union, allowing Scotland to retain sterling post-independence, appears to have backfired for the Better Together campaign. Ed Balls and Danny Alexander both backed George … Continue reading

18 March 2014 by
Categories: SPERI Comment | Tags: , , , , , , , , , , | 1 comment

Labour and the politics of budget responsibility

Craig Berry

The stakes are high as Labour seeks approval from the Office for Budget Responsibility Labour’s Shadow Chancellor, Ed Balls, has requested that the Office for Budget Responsibility (OBR) assesses Labour’s plans for government. His intention is to show that the spending commitments Labour makes in the run-up to the general election are matched by cuts elsewhere, or extra revenue, having … Continue reading

15 October 2013 by
Categories: Craig Berry, Finance, SPERI Comment | Tags: , , , , , , , , , , , | 2 comments