Flawed Capitalism: The Anglo-American Condition and Its Resolution
When:
—
Venue:
Birkbeck Clore Management Centre
No booking required
This event is hosted by Birkbeck's Centre for the Study of British Politics and Public Life and Centre for Political Economy and Institutional Studies.
In this public event, Prof. David Coates will talk about his new book on the economic and social problems currently besetting the UK and the United States.
Building an argument around the rise and fall of important social settlements, Flawed Capitalism traces the history of the two economies through first their New Deal and then their Reaganite periods'"ones labeled differently in the UK, but similarly marked by the development first of a Keynesian welfare state and then a Thatcherite neoliberal one. It is with the weaknesses and downsides of the Reagan/Thatcher years that Flawed Capitalismis primarily concerned, showing how the underlying fragility of a settlement based on the weakening of organized labor and the extensive deregulation of business culminated in the financial crisis of 2008.
The legacies of that crisis haunt us still'"a squeezed middle class, further embedded poverty, deepened racial divisions, an adverse work-life balance for two-income families, and a growing crisis of housing and employment for the young and are reflected in different ways in the politics of Brexit, Donald Trump, Jeremy Corbyn and Bernie Sanders. Flawed Capitalismmakes the case for the transatlantic creation of a new social settlement'"a less flawed capitalism'"one based on greater degrees of income equality and social justice.
Flawed Capitalism: The Anglo-American Condition and its Resolution was published by Agenda Books in April 2018.
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Contact name:
Zoe Williams