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Business and Society Economics Politics

What Equality? – Equality of Voice

‘We need to be clear how equality, and what kind of equality (including of what), services our notion of the good society.’ To give David Miliband some credit, he is asking the right question. It’s not clear from his New Statesman sally whether he has the right answer. As characterised by the older brother, ‘Reassurance […]

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Business and Society Economics Politics

Economics and Perception

I’ve read with interest the recent Labour List posts of Owen Jones and Emma Burnell. I think on the politics Emma is right, but on the economics Owen is right to call for a fresh plan of action. Politics these days is a performance, and it’s increasingly a self-interested one where concern for the greater […]

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Business and Society Economics Politics

Austerity is political

This article was published on LabourList on Thursday 12th January 2012. That there is ‘no money left’ is presented to us as an economic fact of life. The Conservatives have embraced it and the Liberal Democrats accepted it. Led by the authors of ‘In the black Labour’ we are at risk of falling in with […]

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Economics Money and Banking Politics

Commentary on GolemXIV in Edinburgh

David Malone, a documentary film maker, perhaps better known these days as blogger on the financial crisis and its causes – operating under the name GolemXIV – gave a talk in Edinburgh on the 6th of December. He’s quite a charismatic guy and gave an effective talk in a church with no aids other than […]

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Business and Society Politics

Riots: Looking Deeper

There is a tendency to consider reactions to the recent riots in London and elsewhere as being either one thing or the other. They are either about condemning and punishing the perpetrators, or as “excusing them” by seeking to explain the reasons for the disturbances in terms of economic and social causes. This is a […]

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Business and Society Economics Politics

Blue Labour and Immigration

This article was published on LabourList on 2nd August 2011. Immigration, by being freighted with so many unsaid and often unconsidered subtexts, is a toxic subject. As both Marc Stears and Anthony Painter have suggested on LabourList recently, it certainly seems to have poisoned the ‘Blue Labour’ project, possibly fatally.

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Business and Society Economics Politics

Blue Labour Political Economy: Equality of Voice

This is an essay on the approach to economics suggested by Maurice Glasman’s essay ‘Labour as a Radical Tradition’. Glasman’s essay forms part of the ebook ‘The Labour Tradition and the Politics of Paradox’. I’m not particularly keen on the ‘Blue Labour’ moniker, but the ideas behind Maurice Glasman’s approach bear serious examination. Interestingly, his […]

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Business and Society Economics

What is economics for? Part 2

My last blog claimed that equilibrium economics is a fig-leaf for the rich and powerful – because it is a justification for preserving the status quo. But it is more than that, because the conditions required for reaching any such equilibrium (the point at which prices of goods and services have adjusted so that everyone […]

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Business and Society Economics Philosophy

What is economics for? Part 1

What is economics for? It’s often characterised as being about the choice between ‘guns or butter’. This choice is one not only about which we want to consume, but also about which we want to produce. Strangely, the dominant neoclassical paradigm attempts to render this a choice that need not be made, since it proposes […]

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Business and Society Politics

Sharon Shoesmith and ‘Accountability’

Sharon Shoesmith is accountable for the cruel and tragic death of Peter Connelly. Government ministers are accountable for serious events that occur in their area of responsibility. But what do we mean by accountability? Does it mean that we expect those in ultimate charge to immediately take poison or be summarily executed when things go […]