The End of Politics [Hardback]New Labour and the folly of managerialismby Chris Dillow
In stock, usually dispatched within 24 hours Description of The End of PoliticsNew Labour's distinctive idea is that equality and efficiency are partners, not enemies. This, the book argues, is an example of managerialist ideology - the belief that trade-offs between conflicting values can be managed away by clever policies, that management can replace politics.This is not true. New Labour's main economic policies - tax credits, the minimum wage, expanding higher education and promoting macroeconomic stability - have not removed the trade-off between equality and efficiency. However, the failure of managerialism is not merely a failure of particular policies. There are deeper flaws in it. It fails to recognize the multiple and conflicting meanings of the ideals of equality and efficiency. And it assumes that governments have knowledge and rationality that are in fact unattainable. The book is a plea to remove managerialism, and replace it with genuine politics. We should ditch the idea that a central elite can manage away social problems, and instead debate about conflicting ideals. People who bought this book also boughtTitle Information
Write a review of this book Customer Reviews from AmazonAbout Chris DillowChris Dillow was educated at Oxford and Manchester Universities, and spent several years as an economist in the City, before becoming economics writer at the Investors Chronicle. He blogs at http://stumblingandmumbling.typepad.comContents of The End of Politics1. New Labour and ManagerialismWhat is New Labour? What is managerialism? 2. A Trojan Horse Why globalization doesn't justify putting the "new" into New Labour 3. The Problem of Profits How old Labour failed to reconcile equality and efficiency 4. Making Work Pay The economics of tax credits 5. The First Rule of Economics Do minimum wages cut poverty without destroying jobs? 6. "The Best Economic Policy There Is" Will increased education increase equality and economic growth? 7. "The Best Thing That Any Government Can Do" What is macroeconomic stability? Why is it good? 8. A Free Lunch The strange benefits of central bank independence 9. What's Wrong With New Labour? Equality, trade-offs, managerialism and virtues 10. No Matter of Congratulation Why economic growth shouldn't be a policy target 11. Some Defunct Philosopher The many meanings of efficiency 12. A Wild Goose Chase Why is equality desirable? Why is it unattainable? 13. The Rituals of Reason Why we all act irrationally 14. The Idle Slave of the Passions Why rationality isn"t rational 15. Conclusion Index |
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