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Book Cover
E-book
Author Hain, Peter, author

Title Back to the future of socialism / Peter Hain
Published Bristol : Policy Press, 2015

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Description 1 online resource
Contents BACK TO THE FUTURE OF SOCIALISM -- Contents -- Preface -- Introduction. Back to the future of socialism -- The spirit and soul of the Labour Party -- 1. The Crosland agenda -- The Crosland thesis -- 2. New Labour, Crosland and the crisis -- Then came the crisis -- Labour's response -- Labour's economic record 1997-2010 -- How New Labour measured up -- Summary -- 3. Finance and the new capitalism -- The financial elite -- A new era -- How finance capitalism changed -- The rise of risk -- Pass the parcel -- Governments to the rescue -- The costs of recession -- The new capitalism -- To the brink -- 4. Growth not cuts -- The consequences of austerity -- Debt, deficits and growth -- Borrowing and spending -- Spare capacity for growth -- Alternative to austerity -- 5. Growth by active government -- A financial not a spending crisis -- Social cohesion depends upon active government -- Why growth depends on government -- Technological innovation -- The government factor -- Social infrastructure and public investment -- Challenging old ideas -- Financial reform -- Ensuring banking backs growth -- National Economic Development Council -- New Labour non-interventionism -- Market failure -- Government's key role -- Entrepreneurial government -- Active industrial policy -- 6. Fraternity, cooperation, trade unionism -- Cooperation spurned -- British trade unionism at the crossroads -- Union priorities -- A shrinking rank and file base -- Recognition by employers -- Working together for results -- New framework for cooperation -- 7. But what sort of socialist state? -- Neoliberalism, democratic legitimacy and society -- British socialist roots -- Retreat from libertarian socialism -- Guild socialism -- Centralised collectivism -- Impact upon Labour -- A participatory democracy -- Devolution or separatism? -- A more 'federal' UK?
The failure of 'popular capitalism' -- 'Free' schools -- Participatory socialism -- Markets -- Regulation and ownership -- Conclusion -- 8. A new internationalism -- Food and water shortages -- International problems, international solutions -- Globalisation and interdependency -- Stronger international institutions in a multipolar world -- Europe -- Social justice and global stability -- Women: a global injustice -- Human rights, liberty and democracy -- Climate change -- Renewable energy in Africa -- 9. Britain in Europe -- Europe's place in the world -- Europe's evolution -- Growth not austerity -- Britain in Europe -- The withdrawal fallacy -- Trade -- Foreign direct investment -- British Europeans -- Practical Europeanism -- European reform -- Sometimes less, sometimes more Europe -- 10. Refounding Labour -- Recent trends in Britain -- Changing political culture -- Multiparty government -- Councillors and communities -- Supporters not joiners -- Labour's challenge -- Affiliated trade union members -- Importance of local campaigning -- Community organising -- Party organisation -- New media and new technology -- Less a party, more a movement -- 11. Faster, sustainable growth -- Austerity or bust? -- The prospects for public spending: aspiration and anxiety -- The room for expansion -- Output gap -- Two-year public investment plan for faster sustainable growth -- Housing -- Infrastructure -- Low-carbon/green growth -- The Severn Barrage -- Action on skills -- 12. A fairer, more equal society -- Taxation -- Seven-point programme of tax reform -- Financing students and universities -- Welfare reform -- Ageing society -- Universal, affordable childcare -- 13. A future for Labour -- A future for socialism -- Growth again -- Greater equality our mission -- Overview -- Bold ambitions -- Notes -- Index
Summary What's gone wrong with capitalism and how should governments respond? Did Big Government or Big Banking cause the global financial crisis? Is the answer austerity or investment in growth; untrammelled market forces or regulating for the common good? Anthony Crosland's The Future of Socialism (1956) provided a creed for governments of the centre left until the global banking crisis. Now Peter Hain, with over 50 years' experience in politics, revisits this classic text and presents a stimulating political prospectus for today. Hain argues that capitalism is now more financially unstable and unfair, productive but prone to paralysis, dynamic but discriminatory. A rousing alternative to the neoliberal, right-wing orthodoxy of our era, Hain's new book should be read by everyone interested in the future of the left
Subject Socialism -- Great Britain
Socialism.
POLITICAL SCIENCE -- Political Ideologies -- Communism & Socialism.
POLITICAL SCIENCE -- Political Ideologies -- Communism, Post-Communism & Socialism.
Socialism
Socialism.
Socialdemokrati.
Great Britain
Form Electronic book
ISBN 9781447321675
1447321677