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Austerity, Welfare State and Eco-Socialism
In the clash between austerity and Keynesian stimulus paradigms in the advanced capitalist economies in general and the United Kingdom in particular, this paper argues that in the era of global climate change and global warming, merely proposing stimulus in opposition to austerity is flawed. In contrast, the paper proposes that an eco-socialist perspective with emphasis on green economy, sustainability and equality is of historic importance and relevance.
We are grateful to Meena Dhanda, Chris Hesketh, Stephen Hurt, Andy Kilmister and Liz Perez for comments on earlier drafts of this paper and to Bill MacKeith for providing us a copy of The Oxfordshire Files on the National Health Service. Thanks also to Joanna Karmowska for her helpful feedback. The usual disclaimer applies.
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