The Return of the State
Description
Pushed by the Covid-19 crisis, the UK government has borrowed massively to save jobs, businesses and the economy from collapse, making a mockery of the austerity policies that it had championed for a decade. As a result, the role of the state is now in sharp focus. The contributors to this volume assess what that role should be and how it should be harnessed for the good of the British people in all four of its nations. Together they present policy proposals capable of generating a new social settlement and a long-term, equitable economic recovery post-pandemic. It offers both a vision of a future Britain and a roadmap to getting there.
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Persons
Patrick Allen is chair and founder of the Progressive Economy Forum. He is also founder and senior partner at the law firm, Hodge Jones & Allen.
Suzanne J. Konzelmann is Reader in Management at Birkbeck, University of London. Her most recent book is Austerity (2019).
Jan Toporowski is Professor of Economics and Finance at SOAS, University of London.
Content
1. IntroductionPatrick Allen
Part 1: Foundations2. Rentier capitalism and the role of finance in the macroeconomyRobert Skidelsky3. Post-pandemic health and well-being: putting equality at the heart of recoveryKate Pickett and Richard Wilkinson4. A second internationalism of labourGeoff Tily
Part 2: The Public Service Sectors5. Affordable housing and a stronger economyJosh Ryan-Collins6. Post-Covid national health and care policies to ensure universal servicesAllyson Pollock and Louisa Harding-Edgar7. Reforming social care through a care-led recoverySusan Himmelweit8. The post-pandemic provision of educationDanny Dorling
Part 3: Reform of Corporate Governance, Industrial Strategy and Finance9. An ownership revolutionWill Hutton10. Industrial strategy for post-Covid Britain: a renewed public purpose for the state and business?Suzanne J. Konzelmann and Marc Fovargue-Davies11. Green investment, local economic development and pension provisionCraig Berry12. When the invisible hand fails, the visible hand should step in! Urgent need for a UK National Investment BankStephany Griffith-Jones
Part 4: Tackling Poverty and Inequality13. Revive the commons!Guy Standing14. The people's stake: inequality and "asset redistribution"Stewart Lansley15. Over-leveraged households need debt reliefJohnna Montgomerie16. Reforming benefits: introducing a guaranteed income floorStewart Lansley
Part 5: A Progressive Recovery17. To restructure the British state, the international financial system must be transformedAnn Pettifor18. Coronavirus and the national debtJan Toporowski and Robert Calvert Jump19. Progressive tax reformJo Michell20. A progressive recoveryJan Toporowski
