Theresa May has called a snap general election. Austerity has been the central policy of Conservative-led governments since 2010. This post looks at the economic and political dimensions of austerity, and Theresa May’s position on the policy.
In 2010, the Conservative-led government, under David Cameron, introduced a new “long term economic plan”, commonly known as austerity, to reduce the national debt by cutting government spending. This post looks at some of the cuts that have been made, their impact, and whether Theresa May is continuing with the Cameron budget plans.
In the previous two posts we’ve seen May’s bold vision to lead a government that pro-actively intervenes in the economy to prioritise the interests of working class people and tackle inequality. This post looks at some specific areas where the economic system is failing and what plans Theresa May has to improve things.
With a focus on inequality, this post looks at the UK economy in the recent past, the current state of affairs, and the general direction we may be heading in under Theresa May.
Who is Theresa May and what does she stand for? Does she represent a break from the Cameron government or a continuation of it? Can she reduce inequality in society?
This post looks at May’s background, experience, and influences, her pledge to tackle inequality, and comparisons with David Cameron.
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.