In the absence of a clear vision of her own, Theresa May seems to have fallen back on the status quo – the austerity programme. This post looks at the vision and political philosophy behind austerity.
Theresa May is heading for a big victory on 8 June, judging by the polls and local election results. What the British people will get from a Conservative government depends largely on one key question: what does Theresa May stand for?
In a recent speech Barack Obama talked about “an ideology that undervalues the common good.” He is referring to an ideology that came to prominence in the UK and the US and has underpinned politics and economics in Britain and America for the past 35 years. Its concepts have become mainstream ideas and it is now the dominant economic theory taught in universities. This post is a brief outline of the development and impact of the ideology, followed by some examples of its renewed influence in Britain in recent years.