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Erschienen in:
2017 | OriginalPaper | Buchkapitel
5. Conclusions
verfasst von : Christopher Kirkland
Erschienen in: The Political Economy of Britain in Crisis
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Abstract
Returning to the questions posed in Chap. 1, this chapter offers a comparison between the two crises. It explores how narrations of crises are formulated and how agents or groups who are blamed responded to such accusations, highlighting how blame was shifted to trade unions in the earlier case, and away from the banking sector in the latter one. The author argues that rather than offering a long-term economic solution to latter crisis, through rebalancing the economy away from capital and enhancing the relative powers of labour, current discourse, as in the crisis of 1976–1979, blames labour. This questions how sustainable any resolution to the crisis of 2007 will be.