Building a Sustainable Political Economy: SPERI Research & Policy

Austerity Politics and UK Economic Policy

Authors: Berry, Craig

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  • ISBN 978-1-137-59010-7
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Hardcover £39.99
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About this book

Craig Berry assesses UK economic policy in the wake of the financial crisis through the lens of the austerity agenda, focusing on monetary policy, economic rebalancing, industrial and regional policy, the labour market, welfare reform and budgetary management. He argues that austerity is geared towards a resurrection of financialisation and the UK’s pre-crisis economic model, through the transformation of individual behaviour and demonisation of the state. Cutting public spending and debt in the short term is, at most, a secondary concern for the UK policy elite. However, the underlying purpose of austerity is frequently misunderstood due to its conflation with a narrow deficit reduction agenda, not least by its Keynesian critics. Berry also demonstrates how austerity has effectively dismantled the prospect of a centre-left alternative to neoliberalism.

About the authors

Craig Berry is Deputy Director of the Sheffield Political Economy Research Institute at the University of Sheffield. He has worked previously at the Trades Union Congress, International Longevity Centre, HM Treasury and the University of Warwick. His research focuses on UK economic statecraft, with an emerging focus on Northern England in a European and global context.

Table of contents (7 chapters)

  • Introduction: Austerity and Growth

    Berry, Craig

    Pages 1-15

  • Financialisation and the Property-Owning Autocracy

    Berry, Craig

    Pages 17-32

  • Industrial Decline and the Myth of Rebalancing

    Berry, Craig

    Pages 33-50

  • Welfare Retrenchment and the Perversion of Full Employment

    Berry, Craig

    Pages 51-68

  • Deficit Reduction and Budget Irresponsibility

    Berry, Craig

    Pages 69-85

Buy this book

eBook £31.99
price for United Kingdom (gross)
  • ISBN 978-1-137-59010-7
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover £39.99
price for United Kingdom (gross)
  • ISBN 978-1-137-59009-1
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Austerity Politics and UK Economic Policy
Authors
Series Title
Building a Sustainable Political Economy: SPERI Research & Policy
Copyright
2016
Publisher
Palgrave Macmillan UK
Copyright Holder
The Editor(s) (if applicable) and The Author(s)
eBook ISBN
978-1-137-59010-7
DOI
10.1057/978-1-137-59010-7
Hardcover ISBN
978-1-137-59009-1
Edition Number
1
Number of Pages
XII, 116
Topics