Drawing on over four decades of research and writing on the
political economy of the UK and United States, David Coates offers
a masterly account of the Anglo-American condition and the social
and economic crisis besetting both countries. Charting the rise and
fall of the social settlements that have shaped and defined the
postwar years, Coates traces the history of the two economies
through first their New Deal and then their Reaganite periods -
ones labelled differently in the UK, but similarly marked by the
development first of a Keynesian welfare state and then a
Thatcherite neoliberal one. Coates exposes the failings and
shortcomings of the Reagan/Thatcher years, showing how the
underlying fragility of a settlement based on the weakening of
organized labour and the extensive deregulation of business
culminated in the financial crisis of 2008. The legacies of that
crisis haunt us still - a squeezed middle class, further embedded
poverty, deepened racial divisions, an adverse work-life balance
for two-income families, and a growing crisis of housing and
employment for the young. Flawed Capitalism deals with each in
turn, and makes the case for the creation of a new transatlantic
social settlement - a less flawed capitalism - one based on greater
degrees of income equality and social justice. As members of the
millennial generation come to their maturity on each side of the
Atlantic, Flawed Capitalism offers the critical intellectual tools
that they will need if they are ever to break decisively with the
failed public policies of the past.
General
| Imprint: |
Agenda Publishing
|
| Country of origin: |
United Kingdom |
| Series: |
Building Progressive Alternatives |
| Release date: |
April 2018 |
| Authors: |
David Coates
|
| Dimensions: |
234 x 156 x 29mm (L x W x T) |
| Format: |
Hardcover
|
| Pages: |
328 |
| ISBN-13: |
978-1-911116-33-2 |
| Categories: |
Books >
Business & Economics >
Economics >
Political economy
Promotions
|
| LSN: |
1-911116-33-9 |
| Barcode: |
9781911116332 |
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