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Restructuring the British Welfare State: Between Domestic Constraints and Global Imperatives

Martin Rhodes

in Welfare and Work in the Open Economy Volume II: Diverse Responses to Common Challenges in Twelve Countries

Published in print:
2000
Published Online:
November 2003
ISBN:
9780199240920
eISBN:
9780191600180
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199240922.003.0002
Subject:
Political Science, Comparative Politics

In the UK, as in Australia and New Zealand, the ‘liberal’ post‐war welfare state was conceived as a minimal safety net under conditions in which full employment was to be ensured by (‘Keynesian’) ... More


Freedom, rebooted

Jamie Peck

in Constructions of Neoliberal Reason

Published in print:
2010
Published Online:
January 2011
ISBN:
9780199580576
eISBN:
9780191595240
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199580576.003.0002
Subject:
Business and Management, Political Economy

This chapter presents a genealogy of neoliberalism as a free-market ideational program, from the early decades of the 20th century through to its consummation with state power in the 1970s. ... More


Government, Money, and Taxation

Raymond Plant

in The Neo-liberal State

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199281756
eISBN:
9780191713040
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199281756.003.0010
Subject:
Political Science, Comparative Politics, Political Theory

A central theme of this chapter is the role of monetary theory within the neo‐liberal account of the role of the state. For a neo‐liberal thinker such as Mises, monetary theory consists of a set of a ... More


Economic Futures

Andrew Gamble

in New Paradigms in Public Policy

Published in print:
2013
Published Online:
January 2014
ISBN:
9780197264935
eISBN:
9780191760365
Item type:
chapter
Publisher:
British Academy
DOI:
10.5871/bacad/9780197264935.003.0002
Subject:
Political Science, Political Economy

This chapter analyses the future of the British economy. It argues that a political economy perspective is necessary to understand the debates surrounding economic growth, and reviews the way in ... More


The Forgotten Legacy of the New Deal: Fiscal Conservatism and the Roosevelt Administration, 1933–1938

Julian E. Zelizer

in Governing America: The Revival of Political History

Published in print:
2012
Published Online:
October 2017
ISBN:
9780691150734
eISBN:
9781400841899
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691150734.003.0008
Subject:
History, American History: early to 18th Century

This chapter examines fiscal conservatism under the Roosevelt administration. Fiscal conservatism has been linked to liberalism since the construction of the New Deal state. Indeed, a pragmatic ... More


Urban Governance and the Nationalization of State Space: Political Geographies of Spatial Keynesianism

Neil Brenner

in New State Spaces: Urban Governance and the Rescaling of Statehood

Published in print:
2004
Published Online:
October 2011
ISBN:
9780199270057
eISBN:
9780191699450
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199270057.003.0004
Subject:
Political Science, Political Theory

This chapter analyzes the political-economic geographies of spatial Keynesianism, the framework of national and local state territorial regulation that prevailed across much of western Europe during ... More


The Metamorphoses of Labour Relations

Franz Traxler, Sabine Blaschke, and Bernhard Kittel

in National Labour Relations in Internationalized Markets: A Comparative Study of Institutions, Change and Performance

Published in print:
2001
Published Online:
October 2011
ISBN:
9780198295549
eISBN:
9780191685132
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198295549.003.0021
Subject:
Business and Management, HRM / IR, Political Economy

Because of the change from demand-side to supply-side policies, both liberal and corporatist labour relations underwent shifts in the period under consideratin in this book: from pluralism to ... More


Banks Misunderstood

Ewald Engelen, Ismail Ertürk, Julie Froud, Sukhdev Johal, Adam Leaver, Michael Moran, Adriana Nilsson, and Karel Williams

in After the Great Complacence: Financial Crisis and the Politics of Reform

Published in print:
2011
Published Online:
January 2012
ISBN:
9780199589081
eISBN:
9780191731150
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199589081.003.0005
Subject:
Business and Management, Finance, Accounting, and Banking, Political Economy

This chapter is concerned with the question how banking could generate (unsustainable) returns of 15–25 per cent on equity before the crisis? Our answer is that in wholesale banking, small return per ... More


What is Happening to Corporations and What of Their Future?

Grahame Thompson

in Capitalisms and Capitalism in the Twenty-First Century

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199694761
eISBN:
9780191741289
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199694761.003.0013
Subject:
Business and Management, Organization Studies

The chapter analyzes the mergent ways companies are becoming overtly political actors and pursues the consequences of this for the future of the corporation. The discussion begins by analyzing the ... More


Keynes and Keynesianism

Peter Clarke

in The Keynesian Revolution in the Making, 1924–1936

Published in print:
1990
Published Online:
October 2011
ISBN:
9780198202196
eISBN:
9780191675201
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198202196.003.0017
Subject:
History, British and Irish Modern History, Economic History

Most of the extravagant claims about Keynesianism were generated posthumously rather than by the historical Keynes. True, he lent his sanction to a prospectus to ‘conquer’ unemployment in 1929. This ... More


Keynes before Keynesianism, 1883–1924

Peter Clarke

in The Keynesian Revolution in the Making, 1924–1936

Published in print:
1990
Published Online:
October 2011
ISBN:
9780198202196
eISBN:
9780191675201
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198202196.003.0002
Subject:
History, British and Irish Modern History, Economic History

This chapter introduces the themes in Keynes's career up to 1924 and the economic assumptions of the time which are salient in understanding what happened subsequently. When he came to compose his ... More


Macroeconomics and the Phillips Curve Myth

James Forder

Published in print:
2014
Published Online:
November 2014
ISBN:
9780199683659
eISBN:
9780191763281
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199683659.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

The story of the history of the Phillips curve up to the 1980s is reconsidered. It is argued that none of the principal components of conventional stories is correct. Phillips did not discover the ... More


Two or three waves of welfare state transformation?

Anton Hemerijck (ed.)

in Towards A Social Investment Welfare State?: Ideas, Policies and Challenges

Published in print:
2011
Published Online:
May 2012
ISBN:
9781847429247
eISBN:
9781447305613
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781847429247.003.0002
Subject:
Social Work, Social Policy

This chapter analyses three distinct phases of welfare state reconfiguration: the era of welfare state expansion and class compromise, starting at the end of World War II; the period of welfare ... More


Capitalist Recovery in One Country, 1932–1936

Mark Metzler

in Lever of Empire: The International Gold Standard and the Crisis of Liberalism in Prewar Japan

Published in print:
2006
Published Online:
March 2012
ISBN:
9780520244207
eISBN:
9780520931794
Item type:
chapter
Publisher:
University of California Press
DOI:
10.1525/california/9780520244207.003.0013
Subject:
History, Asian History

This chapter describes the reaction to the failure of economic liberalism that shaped the new policies of the 1930s. Japan's new economic course was charted by Takahashi Korekiyo, now a great elder ... More


The economic crisis and paradigm change

Michael Hill

in Social Policy in Challenging Times: Economic Crisis and Welfare Systems

Published in print:
2011
Published Online:
May 2012
ISBN:
9781847428288
eISBN:
9781447305521
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781847428288.003.0002
Subject:
Sociology, Economic Sociology

This chapter explores the extent to which the crisis led, or could be expected to lead, to significant policy change, by comparing it with the events that brought in the Keynesian approach to ... More


Ruling Ideas: How Global Neoliberalism Goes Local

Cornel Ban

Published in print:
2016
Published Online:
August 2016
ISBN:
9780190600389
eISBN:
9780190600419
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190600389.001.0001
Subject:
Political Science, Political Economy, International Relations and Politics

Economic ideas with global reach are powerful because their domestic translators make them go local, hybridizing global scripts with local ideas, with intellectual legacies, transnational expert ... More


After Work

James Livingston

in No More Work: Why 'Full Employment' is a Bad Idea, or, what Happens when Work Disappears

Published in print:
2016
Published Online:
May 2017
ISBN:
9781469630656
eISBN:
9781469630670
Item type:
chapter
Publisher:
University of North Carolina Press
DOI:
10.5149/northcarolina/9781469630656.003.0005
Subject:
Political Science, Political Economy

This chapter looks at the breakdown of the labor market not as an economic crisis, but as a moral opportunity to rethink our relationship to work and to one another. It examines the work of John ... More


Economic modernisation and post-war emigration and immigration

Mike Raco

in Building sustainable communities: Spatial policy and labour mobility in post-war Britain

Published in print:
2007
Published Online:
March 2012
ISBN:
9781861347442
eISBN:
9781447301585
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781861347442.003.0005
Subject:
Sociology, Urban and Rural Studies

This chapter reveals that the concerns of how labour mobility should be structured and in whose interests underpinned the politics of migration throughout the period of post-war Keynesianism. It ... More


High Noon

John Kenneth Galbraith

in Economics in Perspective: A Critical History

Published in print:
2017
Published Online:
May 2018
ISBN:
9780691171647
eISBN:
9781400889075
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691171647.003.0019
Subject:
Economics and Finance, Economic History

This chapter examines the gains made by the Keynesians after World War II. The war had eliminated unemployment, and advocates of Keynesian economics were still exerting influence in Washington and ... More


Conclusions

in Markets in the Name of Socialism: The Left-Wing Origins of Neoliberalism

Published in print:
2011
Published Online:
June 2013
ISBN:
9780804775663
eISBN:
9780804778961
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804775663.003.0009
Subject:
Economics and Finance, Economic History

Neoliberalism is an ideology that seeks to expand the reach of markets and promotes capitalism, strong states, and enterprise owners and managers. However, it has not gained the support of the ... More


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