ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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With Special Reference to the United Kingdom

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.

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