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This book provides the first book-length study of the political and economic ideas of the British left’s Alternative Economic Strategy in the 1970s and early 1980s. Discussing the AES’s approaches to capitalism, the nation state and the working class, it argues that existing academic accounts have significantly overstated the radicalism of the strategy. Perhaps more notable, especially in the light of its stated ‘revolutionary’ aims, was the extent of its moderation – its continuities with post-war Labour revisionism, its marked reluctance to look beyond the market economy, the degree of its preoccupation with Britain’s global-economic status, and its inability to break with Labourist politics of class co-operation in the national interest. While the book argues that the AES was the last ‘class politics’ socialist initiative in mainstream British politics, it also explores the ways in which its ideas perhaps prepared the way for New Labour in the 1990s, and its relationship with 'Corbynism' since 2015.
Perkins, a former chief economist at a Boston strategic-consulting firm, confesses he was an "economic hit man" for 10 years, helping U.S. intelligence agencies and multinationals cajole and blackmail foreign leaders into serving U.S. foreign policy and awarding lucrative contracts to American business.
The failure of the left in Britain to achieve its objectives in the past, and the rapidly changing nature of popular involvement in politics in recent years, both suggest the need for a reappraisal of socialist strategy in the 1980s. The Popular and the Political explores the need to redefine socialism in terms which extend beyond 'statism', which has been the mark of both the social democracy of the last two Labour government and the Marxist left, and which reflect the changing nature of contemporary Britain. The essays presented here consider social policy in a wide range of fields, health, housing, energy and economic planning, as well as the broad questions of democratic involvement in the political process.
Economic Strategy and the Labour Party examines the nature and development of the Labour party's economic policy between 1970 and 1983. Drawing on extensive archival research, Mark Wickham-Jones analyses the radical nature of the new proposals adopted by the party in 1973 and charts the opposition of Labour's leadership to them. The resulting disunity was the central cause of leftwingers' demands to reform Labour's constitutional structure and of the party's election defeat in 1983. Mark Wickham-Jones assesses the nature of Labour's social democratic objectives and the organisational structure of the party. In the Epilogue he provides a detailed account of the internal reforms under Neil Kinnock's leadership of the party which have helped to secure the foundations of Labour's electoral recovery since 1983.
This book is available as open access through the Bloomsbury Open Access programme and is available on bloomsburycollections.com. The global economic crisis of 2008-2009 exposed systemic failings at the core of economic policy making worldwide. The crisis came on top of several other crises, including skyrocketing and highly volatile world food and energy prices and climate change. This book argues that new policy approaches are needed to address such devastating global development challenges and to avoid the potentially catastrophic consequences to livelihoods worldwide that would result from present approaches. The contributors to the book are independent development experts, brought together by the UN to identify a development strategy capable of promoting a broad-based economic recovery and at the same time guaranteeing social equity and environmental sustainability both within countries and internationally. This new development approach seeks to promote the reforms needed to improve global governance, providing a more equitable distribution of global public goods. The contributors offer a critical evaluation of past development experiences and report on their creative search for new and well-thought out answers for the future. They suggest that economic progress, fairer societies and environmental sustainability can be compatible objectives, but only when pursued simultaneously by all.
What would a viable free and democratic society look like? Poverty, exploitation, instability, hierarchy, subordination, environmental exhaustion, radical inequalities of wealth and power—it is not difficult to list capitalism’s myriad injustices. But is there a preferable and workable alternative? Alternatives to Capitalism: Proposals for a Democratic Economy presents a debate between two such possibilities: Robin Hahnel’s “participatory economics” and Erik Olin Wright’s “real utopian” socialism. It is a detailed and rewarding discussion that illuminates a range of issues and dilemmas of crucial importance to any serious effort to build a better world.
On August 24-25, 2010, the National Defense University held a conference titled “Economic Security: Neglected Dimension of National Security?” to explore the economic element of national power. This special collection of selected papers from the conference represents the view of several keynote speakers and participants in six panel discussions. It explores the complexity surrounding this subject and examines the major elements that, interacting as a system, define the economic component of national security.
Praise for Strategic Capitalism “Richard D’Aveni understands that managing competition between the United States and China—and their quite different forms of capitalism—will occupy leaders on both sides of the Pacific for decades to come and will shape the first half of the 21st century more than any other factor. This book is a welcome addition to a vitally important debate.” —Ian Bremmer, president of Eurasia Group and author of Every Nation for Itself “Understanding the pluses and minuses of modern ‘capitalism,’ in more than a sloganeering way, is the great challenge for corporations and for government from North America to Europe to East Asia. Strategic Capitalism is a valuable contribution to clear thinking about this imperative.” —James Fallows, The Atlantic, and author of China Airborne “Professor D’Aveni is a business provocateur extraordinaire. He tells you the straight scoop and will never cave to conventional wisdom unless there is proof that it is right. Strategic Capitalism is another example of D’Aveni’s ability to synthesize a complex topic down to its key elements.” —Bill Achtmeyer, Founder, Chairman, and Managing Partner of The Parthenon Group The Capitalist Cold War Has Begun The United States and its economic allies are under attack by a force unlike any they have ever faced. China and other emerging nations are competing for markets around the world using their own versions of capitalism—and, thus far, they are winning handily. In Strategic Capitalism, one of the world’s leading authorities on global business strategy, Richard D’Aveni, describes how the “economic cold war” began, how it is being played out now, and how the West can change the course of events in its favor. Brilliantly conceived—and sure to ignite passions on both sides of the political aisle—Strategic Capitalism calls for an end to the economic idealism that dominates the national dialog. It also calls for a cold, hard focus on reality, which is this: government-managed capitalist systems consistently outmaneuver and outperform the traditional laissez-faire capitalism of the West. With refreshing levels of thoroughness, knowledge, and detachment, D’Aveni describes the competitive landscape today. These are the facts: The world’s best competitors—with China in the lead—have adopted elements of managed capitalism, in which government and businesses work together toward a single aim. China’s objective is clear—to displace the United States as the world’s economic leader by becoming the global rule maker. If the West does not act soon, it stands to lose everything it holds most dear: financial prosperity, economic freedom, geopolitical power, national security, and even democratic values. This is disruptive innovation on a global scale. But instead of companies using breakthrough products and brands to gain market share, nations are devising “game-changing” economic systems to seize influence over—and beyond—the global economy. Bleak as the situation may be, D’Aveni contends that the West can reverse the trends currently tilting the global balance of power. In order to meet the challenges of the future, America must revisit long-held assumptions about economics and economies, seriously consider radical alternative policies, and embrace the concept of Strategic Capitalism.