the postulate that markets are organised most effectively by private enterprise and that the private pursuit of accumulation will generate the most common good; accomplished by opening international markets and financial networks, and downsizing the welfare state
While Labour were committed to ‘sharing the proceeds of growth’ more equitably than in the Thatcher and Major years, the process by which growth was to be achieved remained the same: the embedding of neoliberalism within government, society, and the economy.
While Labour were committed to ‘sharing the proceeds of growth’ more equitably than in the Thatcher and Major years, the process by which growth was to be achieved remained the same: the embedding of neoliberalism within government, society, and the economy.
pertaining to the economic theories of Friedrich Hayek, an Austrian and British economist and philosopher best known for his defense of classical liberalism
the Austrian school of economic and social theorists – in particular Hayek and von Mises – that proposed that the world was simply too complex to manage through state control and that only markets would be capable of functioning as an appropriately supple information-processing and coordination system
the Austrian school of economic and social theorists – in particular Hayek and von Mises – that proposed that the world was simply too complex to manage through state control and that only markets would be capable of functioning as an appropriately supple information-processing and coordination system
(noun) preponderant influence or authority over others; domination / (noun) the social, cultural, ideological, or economic influence exerted by a dominant group
we need to talk about hegemony, an idea that was developed most famously by the Italian Marxist Antonio Gramsci. Hegemony is a system of power within complex societies
we need to talk about hegemony, an idea that was developed most famously by the Italian Marxist Antonio Gramsci. Hegemony is a system of power within complex societies
A fundamental flaw in UK left thinking for generations has been the abandonment of the long-term hegemonic strategy. With the election of Corbyn, a new opportunity arises for a historic re-engagement with an ambitious politics across the Left in the UK. This would, minimally, place an emphasis on long-term change. In addition, it would prioritise the focus of activism and party politics on key dynamic trajectories of the future. It must shift the terms for party politics beyond simply ‘winning state power’, and for activism beyond single issues and ethical localism towards a large-scale project to re-orient the entire platform of UK society. In so doing it should seek to transform the commonly understood ways of seeing – and feeling – what can and ought to be done. It is in the transformation of our political common sense, and the embedding of this new common sense in the UK’s institutions, which will enable the politics of Corbynism to create genuinely transformative change.
A fundamental flaw in UK left thinking for generations has been the abandonment of the long-term hegemonic strategy. With the election of Corbyn, a new opportunity arises for a historic re-engagement with an ambitious politics across the Left in the UK. This would, minimally, place an emphasis on long-term change. In addition, it would prioritise the focus of activism and party politics on key dynamic trajectories of the future. It must shift the terms for party politics beyond simply ‘winning state power’, and for activism beyond single issues and ethical localism towards a large-scale project to re-orient the entire platform of UK society. In so doing it should seek to transform the commonly understood ways of seeing – and feeling – what can and ought to be done. It is in the transformation of our political common sense, and the embedding of this new common sense in the UK’s institutions, which will enable the politics of Corbynism to create genuinely transformative change.