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Privatised Keynesianism: an unacknowledged policy regime
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Crouch, Colin (2009) Privatised Keynesianism: an unacknowledged policy regime. In: Workshop on Political Econmy of the Sub-prime Crisis in Britain, Univ Warwick, Coventry,, September 18-19, 2008. Published in: British Journal of Politics and International Relations, Vol.11 (No.3). pp. 382-399. ISSN 1369-1481. doi:10.1111/j.1467-856X.2009.00377.x
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Official URL: http://dx.doi.org/10.1111/j.1467-856X.2009.00377.x
Abstract
There have now been two successive policy regimes since the Second World War that have temporarily succeeded in reconciling the uncertainties and instabilities of a capitalist economy with democracy's need for stability for people's lives and capitalism's own need for confident mass consumers. The first of these was the system of public demand management generally known as Keynesianism. The second was not, as has often been thought, a neo-liberal turn to pure markets, but a system of markets alongside extensive housing and other debt among low- and medium-income people linked to unregulated derivatives markets. it was a form of privatised Keynesianism. This combination reconciled capitalism's problem, but in a way that eventually proved unsustainable. After its collapse there is debate over what will succeed it. Most likely is an attempt to re-create it on a basis of corporate social responsibility
| Item Type: | Conference Item (Paper) | ||||
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| Subjects: | J Political Science > JZ International relations J Political Science > JA Political science (General) |
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| Divisions: | Faculty of Social Sciences > Warwick Business School > International Centre for Governance & Public Management Faculty of Social Sciences > Warwick Business School |
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| Journal or Publication Title: | British Journal of Politics and International Relations | ||||
| Publisher: | Wiley-Blackwell Publishing Ltd. | ||||
| ISSN: | 1369-1481 | ||||
| Official Date: | August 2009 | ||||
| Dates: |
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| Volume: | Vol.11 | ||||
| Number: | No.3 | ||||
| Number of Pages: | 18 | ||||
| Page Range: | pp. 382-399 | ||||
| DOI: | 10.1111/j.1467-856X.2009.00377.x | ||||
| Status: | Peer Reviewed | ||||
| Publication Status: | Published | ||||
| Access rights to Published version: | Restricted or Subscription Access | ||||
| Conference Paper Type: | Paper | ||||
| Title of Event: | Workshop on Political Econmy of the Sub-prime Crisis in Britain | ||||
| Type of Event: | Conference | ||||
| Location of Event: | Univ Warwick, Coventry, | ||||
| Date(s) of Event: | September 18-19, 2008 |
Data sourced from Thomson Reuters' Web of Knowledge
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