The first book in the Radical Read SeriesThe Failed Experiment – and how to build an economy that works
by Andrew Fisher
Publication date: 20th May 2014
It is politicians not bankers that must take most of the blame for 2008 financial collapse. This is an unusual analysis that cannot be ignored. It was the credit crunch that exposed the frailties of a failed economic experiment.
In the last thirty-five years, politicians of all parties in government ceded power over fundamental sectors of our economy to a new oligarchy of corporations. Government has become the servant, not the master, of corporate interests. Andrew Fisher describes this as a failed political experiment; an analysis that makes this book very different.
It is not about blaming the bankers, or even high powered financiers – though much blame and opprobrium has rightly been apportioned to them. Nor is it a partisan attack on the failures of Conservative or Labour governments. Instead, this is a book about the much larger political crisis that still threatens our living standards – and how we can resolve it.
Ann Pettifor, Director of Prime Economics and a fellow of the New Economics Foundation
“The crash of 2008 wasn’t only financial or economic in nature. It was a failure of our democracy, in which politicians of all sides have handed over power and wealth to narrow elite. In this book, Andrew Fisher anatomises that political failure and makes clear that fixing our economy requires political solutions. The result is a lucid and compelling manifesto for change.”
Aditya Chakrabortty, Senior Economics Commentator, The Guardian
“Andrew Fisher has given us a compelling account of all that's wrong with the British economy - and what's needed to put it right. Great analysis, strong politics and an inspiring call to arms.”
John Hilary, Executive Director of War on Want and author of The Poverty of Capitalism
“This is the best thing I have read in years. It will be readily used by campaigners as a basic handbook to explain our recent history.”
John McDonnell, Labour MP for Hayes & Harlington
“crucial expose of neoliberal dogma, crammed with fact and detail, making it wonderful ammunition in the fight for social justice.”
Owen Jones, journalist, broadcaster and author of Chavs: the demonisation of the working class
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