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 94, Issue 4

Latest Journal

Volume 94, Issue 4

Includes a collection on Scottish Politics After Sturgeon, edited by Ben Jackson and Anna Killick. This features articles such as 'Independence is not Going Away: The Importance of Education and Birth Cohorts' by Lindsay Paterson; 'Diary of an SNP First Minister: A Chronopolitics of Proximity and Priorities' by Hannah Graham; and 'Politics, the Constitution and the Independence Movement in Scotland since Devolution' by Malcolm Petrie. There are a wide range of other articles including 'Unlocking the Pensions Debate: The Origins and Future of the ‘Triple Lock’ by Jonathan Portes and 'The Politics of England: National Identities and Political Englishness' by John Denham and Lawrence Mckay. Finally, there is a selection of book reviews such as Branko Milanovic's review of Equality: The History of an Elusive Idea by Darrin M. McMahon, and Alexandre Leskanich's review of Cannibal Capitalism by Nancy Fraser.

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