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Author: Aled Davies
Publisher: Oxford University Press
ISBN: 0192526103
Category : History
Languages : en
Pages : 272
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Book Description
The City of London and Social Democracy examines the relationship between the financial sector and the state in post-war Britain. The key argument made in Aled Davies's study is that changes to the financial sector during the 1960s and 1970s undermined the state's capacity to sustain and develop a modern industrial economy. Social democratic economic strategy was constrained by the institutionalization of investment in pension and insurance funds; the fragmentation of the nation's oligopolistic domestic banking system; the emergence of an unregulated international capital market based in London; and the breakdown of the Bretton Woods international monetary system. Novel attempts to reconfigure social democratic economic strategy in response to these changes ultimately proved unsuccessful. Meanwhile, the assumption that national prosperity could only be achieved through industrial growth was challenged by a reconceptualization of Britain as a fundamentally financial and commercial nation — an idea that was successfully promoted by the City itself. These findings assert the need to place the Thatcher governments' subsequent neoliberal economic revolution, which saw the acceleration of deindustrialization and the triumph of the City of London as a pre-eminent international financial centre, within a broader material, institutional, and cultural context previously underappreciated by historians.
Author: Aled Davies
Publisher: Oxford University Press
ISBN: 0192526103
Category : History
Languages : en
Pages : 272
Get Book Here
Book Description
The City of London and Social Democracy examines the relationship between the financial sector and the state in post-war Britain. The key argument made in Aled Davies's study is that changes to the financial sector during the 1960s and 1970s undermined the state's capacity to sustain and develop a modern industrial economy. Social democratic economic strategy was constrained by the institutionalization of investment in pension and insurance funds; the fragmentation of the nation's oligopolistic domestic banking system; the emergence of an unregulated international capital market based in London; and the breakdown of the Bretton Woods international monetary system. Novel attempts to reconfigure social democratic economic strategy in response to these changes ultimately proved unsuccessful. Meanwhile, the assumption that national prosperity could only be achieved through industrial growth was challenged by a reconceptualization of Britain as a fundamentally financial and commercial nation — an idea that was successfully promoted by the City itself. These findings assert the need to place the Thatcher governments' subsequent neoliberal economic revolution, which saw the acceleration of deindustrialization and the triumph of the City of London as a pre-eminent international financial centre, within a broader material, institutional, and cultural context previously underappreciated by historians.
Author: Aled Davies
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :
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Book Description
Author: Aled Rhys Davies
Publisher:
ISBN:
Category : Financial institutions
Languages : en
Pages : 0
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Book Description
Author: Aled Davies
Publisher: Oxford University Press
ISBN: 0192526111
Category : History
Languages : en
Pages : 272
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Book Description
The City of London and Social Democracy examines the relationship between the financial sector and the state in post-war Britain. The key argument made in Aled Davies's study is that changes to the financial sector during the 1960s and 1970s undermined the state's capacity to sustain and develop a modern industrial economy. Social democratic economic strategy was constrained by the institutionalization of investment in pension and insurance funds; the fragmentation of the nation's oligopolistic domestic banking system; the emergence of an unregulated international capital market based in London; and the breakdown of the Bretton Woods international monetary system. Novel attempts to reconfigure social democratic economic strategy in response to these changes ultimately proved unsuccessful. Meanwhile, the assumption that national prosperity could only be achieved through industrial growth was challenged by a reconceptualization of Britain as a fundamentally financial and commercial nation — an idea that was successfully promoted by the City itself. These findings assert the need to place the Thatcher governments' subsequent neoliberal economic revolution, which saw the acceleration of deindustrialization and the triumph of the City of London as a pre-eminent international financial centre, within a broader material, institutional, and cultural context previously underappreciated by historians.
Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 302
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Book Description
Author: Owen Hatherley
Publisher: Watkins Media Limited
ISBN: 1913462218
Category : Political Science
Languages : en
Pages : 289
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Book Description
A polemical history of municipal socialism in London - and an argument for turning this capitalist capital red again. A polemical history of municipal socialism in London -- and an argument for turning this capitalist capital red again. London is conventionally seen as merely a combination of the financial centre in the City and the centre of governmental power in Westminster, a uniquely capitalist capital city. This book is about the third London - a social democratic twentieth-century metropolis, a pioneer in council housing, public enterprise, socialist design, radical local democracy and multiculturalism. This book charts the development of this municipal power base under leaders from Herbert Morrison to Ken Livingstone, and its destruction in 1986, leaving a gap which has been only very inadequately filled by the Greater London Authority under Livingstone, Boris Johnson and Sadiq Khan. Opposing currently fashionable bullshit about an imaginary "metropolitan elite", this book makes a case for London pride on the left, and makes an argument for using that pride as a weapon against a government of suburban landlords that ruthlessly exploits Londoners.
Author: Shelton Stromquist
Publisher: Verso Books
ISBN: 1839767790
Category : Political Science
Languages : en
Pages : 881
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Book Description
How workers fought for municipal socialism to make cities around the globe livable and democratic - and what the lessons are for today. For more than a century, municipal socialism has fired the imaginations of workers fighting to make cities livable and democratic. At every turn propertied elites challenged their right to govern. Prominent US labor historian, Shelton Stromquist, offers the first global account of the origins of this new trans-local socialist politics. He explains how and why cities after 1890 became crucibles for municipal socialism. Drawing on the colorful stories of local activists and their social-democratic movements in cities as diverse as Broken Hill, Christchurch, Malmö, Bradford, Stuttgart, Vienna, and Hamilton, OH, the book shows how this new urban politics arose. Long governed by propertied elites, cities in the nineteenth century were transformed by mass migration and industrialization that tore apart their physical and social fabric. Amidst massive strikes and faced with epidemic disease, fouled streets, unsafe water, decrepit housing, and with little economic security and few public amenities, urban workers invented a local politics that promised to democratize cities they might themselves govern and reclaim the wealth they created. This new politics challenged the class power of urban elites as well as the centralizing tendencies of national social-democratic movements. Municipal socialist ideas have continued to inspire activists in their fight for the right of cities to govern themselves.
Author: Frederic C. Howe
Publisher: New York : Scribner
ISBN:
Category : Cities and towns
Languages : en
Pages : 400
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Book Description
Author: David H. McKay
Publisher:
ISBN:
Category : Cities and towns
Languages : en
Pages : 44
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Book Description
Author: Gary Dorrien
Publisher: Yale University Press
ISBN: 0300244991
Category : Political Science
Languages : en
Pages : 595
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Book Description
An expansive and ambitious intellectual history of democratic socialism from one of the world’s leading intellectual historians and social ethicists The fallout from twenty years of neoliberal economic globalism has sparked a surge of interest in the old idea of democratic socialism—a democracy in which the people control the economy and government, no group dominates any other, and every citizen is free, equal, and included. With a focus on the intertwined legacies of Christian socialism and Social Democratic politics in Britain and Germany, this book traces the story of democratic socialism from its birth in the nineteenth century through the mid-1960s. Examining the tenets on which the movement was founded and how it adapted to different cultural, religious, and economic contexts from its beginnings through the social and political traumas of the twentieth century, Gary Dorrien reminds us that Christian socialism paved the way for all liberation theologies that make the struggles of oppressed peoples the subject of redemption. He argues for a decentralized economic democracy and anti-imperial internationalism.
