Theme: Political Economy | Content Type: Journal article

Labour's ‘Everyday Economy’: Why, How, and for Whom?

Christine Berry


Carl Raw

| 1 min read

The literature on the ‘everyday’ or ‘foundational’ economy poses fundamental challenges to orthodox economic thinking. First, it implies a different way of thinking about economic success, based on good lives for all rather than growth for growth's sake. Second, it emphasises how dominant financialised business models undermine good outcomes for both workers and consumers. But, since the ‘everyday economy’ as a political frame does not make these issues explicit, it leaves room for them to be elided as part of Labour's post-Corbyn rebranding. When Starmer's Labour has squarely confronted issues of power and ownership in the ‘everyday economy’—for example, with its proposed windfall tax on oil and gas firms or plans for publicly-owned energy generation—it has reaped political dividends. However, it remains to be seen whether the party has the appetite to build on these interventions and set out a broader agenda for structural reform.

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    Christine Berry

    Christine Berry is an independent writer and researcher, contributing editor of Renewal journal, Associate Fellow of IPPR North and Senior Fellow of the Finance Innovation Lab.

    Articles by Christine Berry
Volume 95, Issue 2

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Volume 95, Issue 2

Includes a collection edited by James Hampshire on Immigration and Asylum Policy After Brexit, exploring how recent immigration and asylum policies reflect the ambivalent, unstable and unresolved meanings of Brexit itself. There are a wide range of other articles including 'A Hundred Years of Labour Governments' by Ben Jackson; and 'The Good, the Not so Good, and Liz Truss: MPs’ Evaluations of Postwar Prime Ministers' by Royal Holloway Group PR3710. Reports and Surveys include 'Addressing Barriers to Women's Representation in Party Candidate Selections' by Sofia Collignon. Finally, there is a selection of book reviews such as Nick Pearce's review of When Nothing Works: From Cost of Living to Foundational Liveability, by Luca Calafati, Julie Froud, Colin Haslam, Sukhdev Johal and Karel Williams; and Penelope J. Corfield's review of The Identity Trap: A Story of Ideas and Power in Our Time, by Yascha Mounk.

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