The Political Economy of New Labour: Labouring Under False Pretences?The Political Economy of New Labour provides one of the first systematic assessments and accessible evaluations of the modernization of the British Labour Party in the light of its landslide electoral victory in 1997. It also represents a rare attempt to locate Labour's modernization in terms of the distinctive political economy of contemporary British capitalism and the impact of globalization, the evolution and transformation of the British State in the post-war period, the legacy of Thatcherism, and the specifics of electoral strategy and competition in contemporary Britain. In doing so, it provides a genuinely interdisciplinary account and analysis of Labour's modernization and the strategic terrain within which this has been played out, as well as an assessment of the strategic alternatives available to a New Labour administration in an era of globalization, and an evaluation of the prospects for a decisive break with the Thatcher-Major legacy. |
Contents
the Policy Review | 42 |
On New Labours Ups and Anthony Downs | 76 |
the politics | 105 |
Copyright | |
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The Political Economy of New Labour: Labouring Under False Pretences? Colin Hay Limited preview - 1999 |
Common terms and phrases
1997 general election accommodation alternative analysis arguably argue argument assessment assumptions Attlee Bipartisan convergence Blair British economy Cambridge capital flight capitalist chapter claims class dealignment committed conception consensus Conservatives contemporary context convergence in Britain crisis democracy distinct Downsian economic policy election electoral competition emphasise extent global globalisation growth industrial interests investment Keynesian Labour Party Labour's modernisation Left Review London long-term manifesto Marsh median voter ment modified structural dependence neo-liberal Nonetheless novelty paradigm party's pension funds perhaps Policy Review political and economic political economy politics of catch-up position post-Fordism post-war period potential preference-accommodation preference-shaping preferences proposals psephologists radical recent reform regional revisions significant simply Smith social democratic parties strategy structural dependence thesis structure and agency suggest Thatcherite Thatcherite legacy Thatcherite revisionism theory tion Tony Blair trade union trajectory transformation University Press vote Watson welfare whilst Wickham-Jones Winter of Discontent workfare