In this mini-series of the New Economics Podcast, we’ll discover how our economy has been run over the past few years - and look at the key battlegrounds for those fighting to change the rules.
Over the last few years, neoliberalism – the economic model that has dominated since Margaret Thatcher was PM – has taken a hit. Big spending and state intervention have been the name of the game, as the government scrambled to get to grips with the pandemic.
While Boris Johnson gets ready to pack up his things, we still don’t know who will be replacing him in Number 10. The two final contenders, Rishi Sunak and Liz Truss, have been described in the press as “channelling the blue-suited ghost of Thatcher”.
So, have the last few years solidified a new kind of economic mainstream? Or will Johnsonism be swept aside once the new PM has unpacked their toothbrush?
In the first episode of this special mini-series we’re asking: has neoliberalism hit the buffers?
Ayeisha is joined by Ellie Mae O’Hagan and Laurie Macfarlane (@elliemaeohagan and @L__Macfarlane on Twitter).
-Read Laurie's piece with Christine Berry for Renewal on the Conservative's political economy: https://journals.lwbooks.co.uk/renewal/vol-30-issue-2/abstract-9553/
-More on the Race Class Narrative here: https://classonline.org.uk/pubs/item/the-uk-race-class-narrative-report
Music by Blue Dot Sessions and Podington Bear, used under Creative Commons licence.
Researched by Margaret Welsh. Produced by Becky Malone.
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The Weekly Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org