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The return of the state : restructuring Britain for the common good / edited by Patrick Allen, Suzanne J. Konzelmann and Jan Toporowski.
- Format:
- Book
- Language:
- English
- Subjects (All):
- State, The.
- Great Britain--Economic conditions.
- Great Britain.
- Great Britain--Social policy--1979-.
- Great Britain--Politics and government.
- Physical Description:
- 1 online resource (xiv, 245 pages) : digital, PDF file(s).
- Edition:
- 1st ed.
- Place of Publication:
- Newcastle upon Tyne : Agenda Publishing, 2021.
- Summary:
- Pushed by the Covid-19 crisis, the UK government has borrowed massively to save jobs, businesses and the economy from collapse, making a mockery of the austerity policies that it had championed for a decade. As a result, the role of the state is now in sharp focus. The contributors to this volume assess what that role should be and how it should be harnessed for the good of the British people in all four of its nations. Together they present policy proposals capable of generating a new social settlement and a long-term, equitable economic recovery post-pandemic. It offers both a vision of a future Britain and a roadmap to getting there.
- Contents:
- Intro
- Half-title
- Title page
- Copyright information
- Table of contents
- List of contributors
- Preface
- 1 Introduction
- The revelations of Covid- 19
- How did we get here?
- The UK record on the climate emergency
- What next?
- Neoliberalism and the golden age compared
- Foundations
- The public service sectors
- Reform of corporate governance, industrial strategyand finance
- Tackling poverty and inequality
- A progressive recovery
- Conclusion
- Further reading
- Part I Foundations
- 2 Rentier capitalism: the role of finance in the macroeconomy
- Keynes's theory
- Keynes's nationalism
- The two stories: finance and income inequality
- What is financialization?
- Today
- 3 Post- pandemic health and well- being: putting equality at the heart of recovery
- And how do we do that?
- What is stopping us?
- 4 A second internationalism of labour
- Diagnosis
- A first internationalism of labour
- Political economy
- Outcomes
- A Europe of labour
- Part II The public service sectors
- 5 Affordable housing and a stronger economy
- The true drivers of high house prices
- Reforms to the UK housing market
- Financial reforms
- Taxing unearned land rents, not income
- Rethinking tenure
- 6 Post-Covid national health and care policies to ensure universal services
- Vulnerability
- Ethnicity and Covid-19
- Care home residents: the most vulnerable group of all
- Testing
- Lack of clinical integration
- Privatized contact tracing loses its way
- The marginalization of public health and operational expertise
- Policies must match population needs
- 7 Reforming social care through a care-led recovery
- The current system
- The effects of privatization
- What we need instead.
- A capabilities approach to running the economy
- Develop a universal care service
- Value care and care workers properly
- Mainstream care by organizing society around those who need care and worker/carers
- Invest in care to lead the post-pandemic recovery
- From here to there: strategy and implementation
- 8 The post-pandemic provision of education in the United Kingdom
- The debacle of August 2020
- What was so wrong before the pandemic?
- What may change after the height of the pandemic?
- Part III Reform of corporate governance, industrial strategy and finance
- 9 An ownership revolution
- 10 Industrial strategy for post- Covid Britain: a renewed public purpose for the state and business?
- Beyond profit: the question of corporate purpose
- British companies respond to the Covid-19 national health crisis
- The state as part of a high-performance network: UK Olympic sport
- The current debate about corporate purpose
- Conclusions
- 11 Restoring pensions collectivism: a new public pension for the UK
- State of confusion
- A new public pension
- The responsible investment fallacy
- 12 When the invisible hand fails, the visible hand should step in! Urgent need for a UK National Investment Bank
- Part IV Tackling poverty and inequality
- 13 Revive the commons!
- The natural commons
- The social commons
- The knowledge commons
- The civil commons
- The cultural commons
- 14 The people's stake: inequality and "asset redistribution"
- A citizens' wealth fund
- Building a fund
- A citizen's dividend and a basic income
- 15 Over-leveraged households need debt relief
- Debt relief can reduce harm and induce reform.
- Proposal: generalize historically low interest rates
- Tensions and debates
- Strategy and implementation
- 16 Reforming benefits: introducing a guaranteed income floor
- A "guaranteed minimum"
- A guaranteed minimum income
- A guaranteed income floor (GIF)
- Comparing GMI and GIF
- Part V A progressive recovery
- 17 To restructure the British state, the international financial system must be transformed
- The temporary suspension of globalization
- The left's blind spot
- Transformation of the state?
- Building public and political confidence
- 18 Coronavirus and the national debt
- Fiscal commitments
- Financing the crisis
- Stabilizing the national debt
- Achieving a primary surplus
- Concluding remarks
- 19 Progressive tax reform
- Vision for change
- Tax the wealthy properly
- End the race to the bottom on corporate taxation
- Clamp down on tax dodging
- Tensions
- Where next?
- 20 A progressive recovery
- The Covid recession
- The Neville Chamberlain strategy of recovery
- The progressive alternative
- Index.
- Notes:
- Title from publisher's bibliographic system (viewed on 08 Jan 2024).
- ISBN:
- 1-78821-331-9
- 1-78821-330-0
- OCLC:
- 1259593023
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