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Progressive Capitalism in Britain - Pillars for a New Political Economy (Paperback)
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Progressive Capitalism in Britain - Pillars for a New Political Economy (Paperback)
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The debate surrounding economic policy in the UK has recently been
heavily focused on determining the appropriate response to the
financial crisis and recession. There has been less discussion
about the nature of the UK's political economy. Leaving the UK's
model of political economy unchanged is, however, not an option in
the modern global economy. The existing model has resulted in an
unbalanced economy with relatively low productivity and a
structural balance of payments deficit. Without reform, these
problems will not go away and could worsen. A debate about what
Britain's new economic model should look like is long overdue. This
book-a collaboration between Policy Network and IPPR-aims to fill
this gap and poses a series of challenging questions concerning the
future of the British economy: *What are the key principles upon
which a progressive political economy in the UK should be based?
*How can government institutions and the role of the state be
reformed to ensure they keep pace with a fast-changing economy?
*What can be done to address the market distribution of incomes and
assets in order to reduce inequality? *How can the government
better support innovation-led growth? *How can businesses be
encouraged to engage in and support a new model of capitalism that
will require significant changes in the way they behave? The
answers to these questions form a significant contribution to the
debates about progressive capitalism and inclusive prosperity and
set out a way forward for a new political economy in Britain.
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