Abstract
The Great Financial Crisis was the most profound financial and regulatory crisis in the United Kingdom since before the First World War. It should have an equally fundamental impact on the future of the governing system. Yet the signs are that radical change is not happening. The explanation for this throws light on the structure of the politics of the financial elite, on the decay of political parties and on the difficulties in converting civil society activism into effective policy reform. The future will be postponed until some means is found of linking programmatic action with civil society discontent.
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This article reports continuing research on the financial crisis at the Centre for Research on Socio-Cultural Change, University of Manchester, CRESC, an interdisciplinary research centre funded by the Economic and Social Research Council and the University of Manchester.
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Johal, S., Moran, M. & Williams, K. The future has been postponed: The Great Financial Crisis and British politics. Br Polit 7, 69–81 (2012). https://doi.org/10.1057/bp.2011.30
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DOI: https://doi.org/10.1057/bp.2011.30