About the book
“Jamie Gough explains not only Labour’s economic plans but gives a clear explanation of the radical socialist alternatives to it. The Labour government’s utter failure to tackle the fundamental issues facing us will only feed the growth of the far right – this pamphlet is an invaluable handbook to understand the current situation but also how the economy works – and can be changed.”
Simon Hannah, author of A Party with Socialists in It and Reclaiming the Future.
ABOUT THE AUTHOR
Jamie Gough has worked as a university researcher and lecturer, and in retirement continues to write. His research and writing uses a Marxist approach which spans economics, social life, politics, and the ideologies and popular consciousness which they involve. Much of his work is concerned with the tension between neoliberalism and Keynesianism in the relations between capitals and the relations between capital and labour; this is a central theme of this notebook. www.jamiegough.info.
CONTENTS
- Introduction
- Labour’s policy on tax, spend and borrowing
- Labour’s fiscal policy: spin without substance
- The real choices on Britain’s fiscal policy
- The promise of austerity to win the election
- Why did Labour adopt this fiscal policy?
- What should be the response?
