Dr John Barry Centre for Progressive Economics Belfast Political Economy Crisis and opportunity The race to the bottom Economic recovery Recovery to what A return to FDI globalised ID: 574091
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Slide1
Radical Political Economy in a Time of Austerity
Dr. John Barry
Centre for Progressive Economics, BelfastSlide2
Political EconomySlide3
Crisis and opportunity Slide4
The race to the bottom….Slide5
‘Economic recovery’
Recovery to what?
A return to FDI,
globalised
, competiveness dominated economic growth
‘Race to the bottom’ Slide6
Radical political economy
‘Radical’ – from the Latin – getting to the root of the problem.
So what are the problems and their causes?
Poverty, Inequality and social injustice –
Employment, jobs and work
Ecological problems
Quality of life
Democratic control over social productionSlide7
Demystifying ‘economics’
Start
democratising
the economy but demystifying and
democratising
thinking about ‘economics’Slide8
Democratic control.. and a challenge to the trade union movement
Which is the greater prize – more well-paid formal employment or …
Worker/employee control over economic production itself?....even if this may mean lower wages?
Cooperatives
or jobs?