A01=David Coates
A01=Professor David Coates
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austerity
Author_David Coates
Author_Professor David Coates
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Category1=Non-Fiction
Category=KCP
COP=United Kingdom
Delivery_Delivery within 10-20 working days
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
globalization
inequality
Language_English
neoliberalism
PA=Available
postwar settlement
Price_€20 to €50
PS=Active
Reganism
SN=Building Progressive Alternatives
softlaunch
Thatcherism
welfare state
Product details
- ISBN 9781911116332
- Dimensions: 156 x 234mm
- Publication Date: 30 Apr 2018
- Publisher: Edinburgh University Press
- Publication City/Country: GB
- Product Form: Hardback
- Language: English
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Drawing on over four decades of research and writing on the political economy of the UK and United States, David Coates offers a masterly account of the Anglo-American condition and the social and economic crisis besetting both countries.
Charting the rise and fall of the social settlements that have shaped and defined the postwar years, Coates traces the history of the two economies through first their New Deal and then their Reaganite periods – ones labelled differently in the UK, but similarly marked by the development first of a Keynesian welfare state and then a Thatcherite neoliberal one.
Coates exposes the failings and shortcomings of the Reagan/Thatcher years, showing how the underlying fragility of a settlement based on the weakening of organized labour and the extensive deregulation of business culminated in the financial crisis of 2008.
The legacies of that crisis haunt us still – a squeezed middle class, further embedded poverty, deepened racial divisions, an adverse work–life balance for two-income families, and a growing crisis of housing and employment for the young. Flawed Capitalism deals with each in turn, and makes the case for the creation of a new transatlantic social settlement – a less flawed capitalism – one based on greater degrees of income equality and social justice.
As members of the millennial generation come to their maturity on each side of the Atlantic, Flawed Capitalism offers the critical intellectual tools that they will need if they are ever to break decisively with the failed public policies of the past.
David Coates (1946–2018) held the Worrell Chair in Anglo–American Studies in the Department of Political Science at Wake Forest University, North Carolina.
