Power and Political Economy from Thatcher to Blair: The Great Enemy of Democracy?

Name: Power and Political Economy from Thatcher to Blair: The Great Enemy of Democracy?
Brand: Taylor & Francis
SKU: 9780367714291
Price: 3818.0 INR
Availability: InStock

by Robert Ledger

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ISBN13: 9780367714291
Binding: Paperback
Subject: N/A
Publisher: Taylor & Francis
Publisher Imprint: Routledge
Publication Date: September 26, 2022
Pages: 168
Original Price: GBP 45.99
Language: English
Edition: N/A
Item Weight: 453 grams
BISAC Subject(s): Economic History, Europe / Great Britain / General, and Modern / 20th Century / General

About The Book

This book investigates the policies of the Thatcher, Major and Blair governments and their approaches towards concentration of economic and political power.

The 1979-2007 British governments have variously been described as liberal or, to use a political insult and a favourite academic label, neoliberal. One of the stated objectives of the Thatcher, Major and Blair governments--albeit with differing focal points--was to disperse power and to empower the individual. This was also a consistent theme of the first generation of neoliberals, who saw monopolies, vested interests and concentration more generally as the 'great enemy of democracy'. Under Thatcher and Major, Conservatives sought to liberalize the economy and spread ownership through policies like Right to Buy and privatisation. New Labour dispersed political power with its devolution agenda, granted operational independence to the Bank of England and put in place a seemingly robust antitrust framework. All governments during the 1979-2007 period pursued choice in public services. Yet our modern discourse characterises Britain as beset by endemic power concentration, in markets and politics. What went wrong? How did so-called neoliberal governments, which invoked liberty and empowerment, fail to disperse power and allow concentration to continue, recur or arise?

The book will be of interest to students and scholars of contemporary British history, political economy and politics, as well as specific areas of study such as Thatcherism and New Labour.

About The Author

Robert Ledger has a PhD in political science from Queen Mary University of London. He currently lives and works in Frankfurt am Main, Germany. He is the author of Neoliberal Thought and Thatcherism: "A Transition From Here to There?"

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