A new political economy For Britain? Part 4



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A new political economy For Britain? Part 4 – Putting Britain’s economy on a more ‘coordinated’ path?

Policy Network, in partnership with the Institute for Public Policy Research (IPPR), will bring together leading politicians, academic experts, policymakers and business figures from across the UK and Europe to debate Britain’s political economy choices.

There has long been consensus about Britain’s economic fragility in the wake of the financial crisis; but there is much less agreement and clarity on what, and how much needs to be done to put the economy on a broader footing. The event will offer a unique and lively platform to debate the role of the state in remedying the shortcomings of British capitalism.

Speakers include:
Andrew Adonis, Labour peer, House of Lords; Philippe Aghion, professor of economics, Harvard University; Larry Elliot, economics editor, The Guardian; Jens Henriksson, former CEO of Stockholm Stock Exchange and former Swedish state secretary for economic policy; Gerry Holtham, visiting professor at Cardiff Business School and managing partner of Cadwyn Capital LLP; Roger Liddle, chair of Policy Network and front bench spokesperson on Europe, as well as Business, Innovation and Skills in the House of Lords; Peter Mandelson, president of Policy Network, former UK first secretary of state, business secretary and EU Trade commissioner; Colin Mayer, Peter Moores professor of management studies, Said Business School, University of Oxford; Frances O’Grady, general secretary, Trades Union Congress (TUC); Chi Onwurah, Labour MP and Shadow Cabinet Office Minster; Nick Pearce, director of IPPR; John Plender, senior editorial writer and columnist, The Financial Times; David Sainsbury, Labour peer, House of Lords; Waltraud Schelke, associate professor of political economy, LSE and adjunct professor of economics, Free University of Berlin; Kitty Ussher, economist and former Treasury minister; Stewart Wood, shadow cabinet minister and adviser to Ed Miliband.

More speakers will be announced soon.

The financial crash of 2008 showed that the liberal market economy had serious flaws and that Britain needs a new political economy. The key question for progressives is what role should the state play in this new political economy?
Where does a ‘responsible capitalism’ agenda stand between ‘liberal capitalism’ and other agendas for a new political economy that have emerged in British public debate?
What are the significant reforms that would change Britain’s business model and effectively rebalance the economy?
What can Britain learn from Varieties of Capitalism research, and from the experiences of countries such as Sweden and Germany?

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