Hang on a Minute, I've Got a Great Idea’
From the Third Way to Mutual Advantage in the Political Economy of the British Labour Party
Bibliographic Data
| ID | 12606986 |
|---|---|
| Authors | C Rogers (0000-0002-0652-6789, corresponding author) |
| Year | 2012 |
| Volume | 15 |
| Issue | 1 |
| Pages | 53-69 |
| Publication date | 2012-08-28 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The British Journal of Politics and International Relations (JOURNAL) |
| Journal identifiers | ISSN: 1369-1481 • E-ISSN: 1467-856X |
| Publisher | SAGE Publishing (PUBLISHER • US) |
| DOI | 10.1111/j.1467-856x.2012.00511.x |
| OpenAlex | W1965956366 |
| Language | EN |
| Citations received | 3 |
| References cited | 22 |
The article considers the reasons why New Labour's political economy failed to insulate Britain from the economic crisis that emerged in 2007, and the characteristics of a political economy platform that would provide Labour with a solid base for a progressive social democratic programme moving forward. The article argues that Third Way political economy failed to appreciate or address the inherent crisis dynamics of market economies, especially the extent to which profit-seeking behaviour tends to contradict social interests more broadly conceived. The article argues that mutual organisation offers an opportunity to mute the crisis dynamics in capital by re-establishing links between production and community, and that the Labour party should seize on this opportunity at a moment of crisis to form the basis of a progressive programme of social democratic reform
Democracy · Economics · Economy · Market economy · Neoclassical economics · Political economy · Political science · Politics · Profit (economics · Social democracy · Sociology · Housing, Finance, and Neoliberalism · Law · Political and Economic history of UK and US · Social Policy and Reform Studies
The Spectre at the Feast
Financialisation, Financial Literacy and Asset-Based Welfare
New Labour and the Politics of Depoliticisation
From Blue to Green and Everything in Between
Credibility, competitiveness and the business cycle in ‘third way’ political economy
New Labour and the third way in the British welfare state
States and the future of global finance
Open Macroeconomics in an Open Economy
Big Societies, Little Platoons and the Problems with Pluralism
Ungovernability
Overload
Capturing Government Policy on the Left-Right Scale
The discourse of globalisation and the logic of no alternative
Credible Keynesianism? New Labour Macroeconomic Policy and the Political Economy of Coarse Tuning
Privatised Keynesianism
| Citations per year | 0.21 |
|---|---|
| Citation span | 2012 - 2014 (3) |
| Highly cited | No |