The Political Economy of Industrial Strategy in the UK
Building Progressive Alternatives
Series Editors: David Coates, Ben Rosamond and Matthew Watson
Bringing together economists, political economists and other social scientists, this series offers pathways to a coherent, credible and progressive economic growth strategy which, when accompanied by an associated set of wider public policies, can inspire and underpin the revival of a successful centre-left politics in advanced capitalist societies.
Published
Flawed Capitalism: The Anglo-American Condition and its Resolution
David Coates
The Political Economy of Industrial Strategy in the UK: From Productivity Problems to Development Dilemmas
Edited by Craig Berry, Julie Froud and Tom Barker
Race and the Undeserving Poor: From Abolition to Brexit
Robbie Shilliam
Reflections on the Future of the Left
Edited by David Coates
The Political Economy of Industrial Strategy in the UK
From Productivity Problems to Development Dilemmas
Edited by
Craig Berry, Julie Froud and Tom Barker
Editorial matter and selection 2021 Craig Berry, Julie Froud and Tom Barker.
Individual contributions, the contributors.
This book is copyright under the Berne Convention.
No reproduction without permission.
All rights reserved.
First published in 2021 by Agenda Publishing
Agenda Publishing Limited
The Core
Bath Lane
Newcastle Helix
Newcastle upon Tyne
NE4 5TF
www.agendapub.com
ISBN 978-1-78821-339-4 (hardcover)
ISBN 978-1-78821-340-0 (paperback)
British Library Cataloguing-in-Publication Data
A catalogue record for this book is available from the British Library
Typeset by Newgen Publishing UK
Printed and bound in the UK by TJ Books
Contents
Craig Berry, Julie Froud and Tom Barker
James Silverwood and Richard Woodward
Victoria Chick
Simon Lee
Julie Froud, Sukhdev Johal and Karel Williams
Paul Lewis
Isaac Stanley
Craig Berry and Tom Barker
Matthew Louis Bishop
Laurie Macfarlane
John R. Bryson, Vida Vanchan and Shihao T. Zhou
Nick ODonovan
Richard Jones
Ciaran Driver
Alison Fuller and Lorna Unwin
Kate Bell
John Forth and Ana Rincon-Aznar
Susan Himmelweit
Ed Pemberton
Ron Martin, Peter Sunley and Ben Gardiner
John Tomaney and Andy Pike
Arianna Giovannini and Luke Raikes
Dan Coffey and Carole Thornley
Daniel Bailey
Dustin Benton
Craig Berry
Daniel Bailey is Senior Lecturer in Political Economy at Manchester Metropolitan University. He has recently published Rethinking the fiscal and monetary political economy of the green state in New Political Economy, and the book Diverging Capitalisms: Britain, the City of London and Europe.
Tom Barker has worked as a teaching associate and/or research assistant at University of Sheffield, Sheffield Hallam University and Manchester Metropolitan University. He received his PhD from University of Cambridge, and is a commissioning editor of Renewal.
Kate Bell is Head of the Rights, International, Social and Economics Department at the Trades Union Congress, and a member of the Low Pay Commission.
Dustin Benton is Policy Director of the Green Alliance (on secondment until February 2021 at the Department for the Environment, Food and Rural Affairs).
Craig Berry is Reader in Political Economy at Manchester Metropolitan University. His books include Pensions Imperilled: The Political Economy of Private Pensions Provision in the UK and Developing Englands North: The Political Economy of the Northern Powerhouse. In 2017 he served on the Industrial Strategy Commission, and his previous employers include HM Treasury, the Trades Union Congress and the Sheffield Political Economy Research Institute.
Matthew Louis Bishop is Senior Lecturer in International Politics at the University of Sheffield. His books include The Political Economy of Caribbean Development and Post-Colonial Trajectories in the Caribbean: The Three Guianas.
John R. Bryson is Professor of Enterprise and Economic Geography at the University of Birmingham. His recent books include Handbook of Manufacturing Industries in the World Economy, Handbook of Service Business and Design Economies and the Changing World Economy: Innovation, Production and Competitiveness.
Victoria Chick is Emeritus Professor of Economics at University College London. Her major works include The Theory of Monetary Policy and Macroeconomics After Keynes.
Dan Coffey is Senior Lecturer in Macroeconomics at University of Leeds. His books include Globalization and the Varieties of Capitalism Debate: New Labour, Economic Policy and the Abject State and Crisis or Recovery in Japan: State and Industrial Economy.
Ciaran Driver is Professor of Economics at SOAS, University of London. His books include The Unbalanced Economy: A Policy Appraisal and Investment, Expectations and Uncertainty.
John Forth is Senior Lecturer in Human Resource Management, CASS Business School, City University of London. His recent books include Comparative Workplace Employment Relations: An Analysis of Practice in Britain and France and he has published extensively on industrial relations.
Julie Froud is Professor of Financial Innovation at the University of Manchester. Her recent books include Foundational Economy: The Infrastructure of Everyday Life, After the Great Complacence: Financial Crisis and the Politics of Reform and Financialization and Strategy: Narrative and Numbers. She was a founding member of the Centre for Research on Socio-Cultural Change, and recently established the Foundational Economy Collective.
Alison Fuller is Professor of Vocational Education and Work and Pro-Director for Research and Development at the UCL Institute of Education. Her books include Rethinking Widening Participation in Higher Education: The Role of Social Networks and Improving Working as Learning.
Ben Gardiner is Director of Cambridge Econometrics and a Research Associate at University of Cambridge. He has published extensively on regional economic performance.
Arianna Giovannini is Associate Professor in Local Politics and Public Policy at De Montfort University. She recently published Developing Englands North: The Political Economy of the Northern Powerhouse, and from July 2019 to February 2020 served as interim director of IPPR North.
Susan Himmelweit is Emeritus Professor of Economics at Open University and a Womens Budget Group management committee member. Her recent books include Economics and Austerity in Europe: Gendered Impacts and Sustainable Alternatives and Rethinking Britain: Policy Ideas for the Many.
Sukhdev Johal is Professor of Accounting and Strategy at Queen Mary, University of London. His recent books include Foundational Economy: The Infrastructure of Everyday Life, The End of the Experiment? From Competition to the Foundational Economy