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Title: New Labour, the Coalition and post-crisis British capitalism
Author: Lavery, Scott
ISNI:       0000 0004 6061 2834
Awarding Body: University of Sheffield
Current Institution: University of Sheffield
Date of Award: 2016
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The core objective of this thesis is to examine the extent to which Britain's model of capitalism in the aftermath of the 2008 financial crisis represents a continuation of - or a rupture with - the model of capitalism which had been in place throughout the precrisis conjuncture. In order to answer this question, the thesis critically engages with a body of literature which argues that Britain's economy has been underpinned by a 'finance-led' growth model. It then advances a comparative analysis of the politicaleconomic strategies which were deployed by the New Labour and Coalition governments in the pre- and post-crisis conjunctures respectively. The core argument is that whilst the Coalition effectively re-established the conditions for a renewed wave of finance-led growth in Britain - albeit after a transitionary period and in a modified form - it effectively broke with the legitimation strategy which New Labour had deployed in the pre-crisis conjuncture. As such, it is argued that the Coalition reembedded a series of structural weaknesses into the emergent framework of postcrisis British capitalism.
Supervisor: Hay, Colin ; Joseph, Jonathan Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available