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Power and Political Economy from Thatcher to Blair - The Great Enemy of Democracy? (Paperback)
Loot Price: R1,206
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Power and Political Economy from Thatcher to Blair - The Great Enemy of Democracy? (Paperback)
Series: British Politics and Society
Expected to ship within 12 - 17 working days
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This book investigates the policies of the Thatcher, Major and
Blair governments and their approaches towards concentration of
economic and political power. The 1979-2007 British governments
have variously been described as liberal or, to use a political
insult and a favourite academic label, neoliberal. One of the
stated objectives of the Thatcher, Major and Blair
governments-albeit with differing focal points-was to disperse
power and to empower the individual. This was also a consistent
theme of the first generation of neoliberals, who saw monopolies,
vested interests and concentration more generally as the 'great
enemy of democracy'. Under Thatcher and Major, Conservatives sought
to liberalize the economy and spread ownership through policies
like Right to Buy and privatisation. New Labour dispersed political
power with its devolution agenda, granted operational independence
to the Bank of England and put in place a seemingly robust
antitrust framework. All governments during the 1979-2007 period
pursued choice in public services. Yet our modern discourse
characterises Britain as beset by endemic power concentration, in
markets and politics. What went wrong? How did so-called neoliberal
governments, which invoked liberty and empowerment, fail to
disperse power and allow concentration to continue, recur or arise?
The book will be of interest to students and scholars of
contemporary British history, political economy and politics, as
well as specific areas of study such as Thatcherism and New Labour.
General
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