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Why the Third Way Failed "Economics, Morality and the Origins of the 'Big Society'"

Why the Third Way Failed "Economics, Morality and the Origins of the 'Big Society'"

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  • ISBN:9781847426567
  • Editorial: The Policy Press
  • Fecha de la edición:
  • Encuadernación:
  • Nº Pág.:232
  • Idiomas:Español

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In the wake of the economic crash, public policy is in search of a new moral compass. This book explains why the Third Way's combination of market-friendly and abstract, value-led principles has failed, and shows what is needed for an adequate replacement as a political and moral project. It criticises the economic analysis on which the Third Way approach to policy was founded and suggests an alternative to its legalistic and managerial basis for the regulation of social relations.

Introduction; Part one: A moral order?: Value, virtue and justice; Snap judgments and rational choices; Nature, science and cosmology; Part two: Regulation and relationsship: What is economics good for?; Moral regulation; In search of a moral compass; Part three: The policy response: Sharing wealth, income and work; Sustaining the quality of life; Conclusions.

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