What Price Justice? The Failures of the Left and the Political Economy of the Future

Simon Winlow and Steve Hall 

Published online 2018

 

Full article

 

Abstract

This paper addresses three specific problems. First, it describes and explains the growing distance between the political left and the working class. Second, it identifies a myth that has prevented the political left from advancing beyond its present position. This myth, broadly accepted as fact by mainstream politicians across the political spectrum, suggests that the state is financially constrained and can no longer afford traditional social goods and welfare provisions. Third, it suggests the left can move beyond its present pattern of failure and reconnect to the fragmented multi-ethnic working class by adopting a radical new economic approach. We offer a brief introduction to this new economic approach towards the end of the paper.

 

Key terms: political economy, identity politics, new left, modern monetary theory

Originally published on Academia.edu

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