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1st Edition

Automatic Poverty




ISBN 9781138600652
Published July 12, 2018 by Routledge
206 Pages

 
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Book Description

Originally published in 1981, Automatic Poverty provides a much-needed alternative to the Radical Right’s analysis. The book argues that Britain’s economic decline is symptomatic of an advanced stage of industrialisation in which productive processes are increasingly mechanised, but output remains static. Under these circumstances workers become redundant, the income of the working class diminishes, and dependence on the state increases. The ‘Ricardo phenomenon’ has become long-term feature of the British economy, and the author shows that neither Keynesian nor monetarist policies can remedy its consequences. It reflects a critical stage in the development of capitalism.

Table of Contents

Acknowledgments

Introduction

Part I

1. The Problem of Economic Growth

2. Social Consequences of the Problem

Part II

3. Economic Policy 1964-70

4. Economic Policy 1970-9

5. The New Conservatism

Part III

6. Social Policy 1964-70

7. Social Policy 1970-9

8. Social Control

Part IV

9. The New Conservatives and Social Policy

10. Alternative Futures

Notes

Index

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