By W. Leggett
This well timed ebook assesses the legacy of either the 3rd manner and its critics. interpreting the connection among social concept and political process, it outlines the foundation of a post-New Labour venture. Collapsing the limits among sociology and political technology, this ebook is key analyzing for an individual attracted to center-left renewal.
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Additional info for After New Labour: Social Theory and Centre-Left Politics
By accepting neoliberal assumptions about the global liberalisation of trade, and by promoting flexible labour markets, the Third Way has clearly distinguished itself from the ‘first way’ of Keynesian social democracy. However, the Third Way also claims to differ from neoliberalism (the ‘second way’). In particular, the Third Way challenges neoliberalism’s laissez-faire ethos of ‘letting the market rip’ across as many areas of social and economic life as possible. Instead, Third Wayers envisage an active role for government in managing the successful transition to a fully globalised economy, and handling its effects.
By contrast, in the extended version, the parameters of conduct are generalised and politically defined at the level of the state on behalf of ‘the people’. Critics point to how both of these senses of community can drift into authoritarianism. In the case of the localised community, the non-negotiated and potentially arbitrary character of localised norms and practices, coupled with their all-encompassing proximity to the individual, could result in the stifling of individuality. 21 It is for this reason that Giddens explicitly rejects what he sees as communitarianism’s desire for a return to localised community rules.
The result is that businesses have to compete globally with regard to their technologies, workforce and products. In terms of social democratic politics, Keynesian demand management by an autonomous nation-state becomes untenable. Unable to manage demand through fiscal policy in their own frontiers, governments must instead focus upon creating favourable conditions for businesses to compete in the global marketplace. At the macro level this involves a commitment to ‘sound money’: managing the public debt and keeping interest rates, corporate taxes and regulations to a minimum.
After New Labour: Social Theory and Centre-Left Politics by W. Leggett