Economic crisis in west and east and the future of the labour party

Critique ◽  
1993 ◽  
Vol 20 (1) ◽  
pp. 57-69
Author(s):  
G. A. E. Smith
2021 ◽  
Vol 120 (4) ◽  
pp. 892-902
Author(s):  
Keir Milburn

Jeremy Corbyn’s leadership of the Labour Party has allowed age to emerge as a dramatic new axis of political division. This article treats the political generation gap as, in part, a transformation in class composition. Most notably, starting with the political age divide makes recognition of a shift toward an asset-based economy hard to avoid. The economic crisis of 2008, and the British government responses to it, have provoked a contradiction between the two main avenues through which neoliberal subjectivities are trained. While neoliberal institutional reform and the styles of management that accompany it continue to train the young in line with theories of human capital, the specific nature of their entrainment in bonds of debt increasingly undermine the notions of meritocracy on which the human capital metaphor implicitly depends. This contradiction opens up possibilities for constructing more open conceptions of the future which can, in turn, be embedded within institutions yet to be created.


Author(s):  
V. Kulakova

The article is devoted to the socio-economic policy pursued by Barak Obama who had won elections and entered the presidential office in the midst of the strongest economic crisis. The author considers in depth each of the new administration's strategy directions in taking simultaneously both short-term measures necessary for the fastest crisis recovery and actions aimed at laying the foundation for the future long-term prosperity of the country. The feature of the current stage is the elevation of social policy to the rank of national priorities, and the crisis does not abolish it.


2021 ◽  
Vol 122 (1) ◽  
pp. 170-177
Author(s):  
John McDonnell

The banking crisis and the pandemic have both demonstrated the potential for a progressive paradigm shift that could break with the hegemony of neoliberalism over Britain’s political economy. The Covid pandemic has demonstrated how many of the ideas and policies that formed the basis of the Labour Party manifestos of 2017 and 2019 are essential to tackling the current crisis of the pandemic and also for tackling the next crisis, which is the existential threat of climate change. For those on the left and progressives, the task is to discuss and plan the economy and society that will translate these lessons into a vision for the future of our society and into the concrete policy programme needed to achieve that vision. This article is based on a lecture given at the Marx Memorial Library on 23 June 2020 and we are pleased to reproduce it here.


2020 ◽  
pp. 118-136
Author(s):  
Juan Sebastian Carbonell

This paper studies how the introduction of new technologies and a new organiza-tion of work transforms the labour process at an assembly line of the PSA group in France. The firm presents the new organization as an innovative modernization bringing forward the "Factory of the Future" through concepts directly inspired by Industrie 4.0 and Industrie du futur. At the same time, this modernization also re-sponds to the need for the plant to become more competitive in order to face the consequences of the economic crisis of 2008. Drawing from data obtained through fieldwork (interviews with workers, union representatives and internal documents), the author shows that behind the rhetoric of modernization and industrial excel-lence, the firm intensifies work in assembly operations and workers lose autono-my.


The conclusion begins with an overview of the way the chapters in the volume have offered an exploration of three different levels of conflict – intra-organisational tensions, tensions which exist between different types of organisations, and tensions between labour organisations and spontaneous working-class protests – to collectively provide explanations to the paradoxes affecting the Labour movement. It then stresses the benefits of the volume’s integrated and multidisciplinary approach of the labour movement, underlining the fact that the contributors share a common concern for the future of the British labour movement. In the following section the conclusion ponders the future prospects for the labour movement and the Labour Party, sketching a number of possible scenarios. It stresses the fact that visions of the future differ according to political positioning. It then highlights the shared conviction of the contributors that class remains relevant as an analytical tool.


Author(s):  
Hakan Ay ◽  
Öznur Uçar

Examine the history of Turkey's economic crisis based economy will give clues for a much better economy. For 92 years, history of Turkey Republic has experienced the development stages of democracy and economy. Turkey has completed the journey of economic development as the most advanced economy in the world, although began as an undeveloped country. Turkey has been affected from the global and regional crises and overcame the nine economic crises. The implemented economic crisis policies showed parallelism with the trend of the world economic thoughts and has been shaped around Keynes and Friedman applications. All these details have been described in our study chronologically. With our study, we were trying to portray the Turkish economy's yesterday and today. Thus, we believe that our study will create data for predicting the future of the Turkish economy and the future of the world of economy.


2014 ◽  
Vol 22 (50) ◽  
pp. 33-48 ◽  
Author(s):  
Kai Lehmann

It is common today, even in the European media, to treat the current crisis of the European Union almost exclusively as an economic crisis. The present article pretends to show that such a focus is not only wrong but is indeed dangerous for the future development of the European Union as a whole. The article will argue that the present economic crisis simply aggravated – and a lot – a crisis of legitimacy through which the European Union has been passing for some time. Showing that the anti-European tendencies which are spreading throughout the countries of the continent threaten the very future of the European project, the article will make suggestion on reforms for the future development of the EU, alerting to the necessity to finally elaborate once again a coherent argument for the continuation of the European integration process which puts the European population at the heart of the political process instead of just austerity.


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