This book traces the economic ideology of the UK Labour Party from its origins to the current day. Through its analysis, the book emphasises key crises, including the 1926 general strike, the 1931 Great Depression, the 1979 Winter of Discontent and the 2007 economic crisis.
In analysing this history, the ideology of the Labour Party is examined through four core themes:
the party’s definition of socialism;
the role of the state in economic decision making;
the party’s understanding of inequalities;
its relationship with external groups, such as the Fabian Society and the trade union movement.
The result is a systematic exploration of the drivers and key ideas behind the Labour Party’s economic ideology. In demonstrating how crises have affected the party’s economic policy, the book presents a historical analysis of the party’s evolution since its formation and offers insights into how future changes may occur.
This ambitious collection follows the evolution of capitalism from its origins in 13th-century European towns to its 16th-century expansion into Asia, Africa and South America and on to the global capitalism of modern day.
Written by distinguished historians and social scientists, the chapters examine capitalism and its critics and the level of variation and convergence in its operation across locations. The authors illuminate the aspects of capitalism that have encouraged, but also limited, social responsibility and environmental sustainability.
Covering times, places and topics that have often been overlooked in the existing literature, this important contribution to the field of economic history charts the most comprehensive chronology of capitalism to date.
05 Apr 2022
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