Manchester Capitalism is a series of short, accessible books which reframe the big issues of economic renewal, financial reform, expert knowledge and political mobilisation in present day capitalism. The books do so by directly tackling major policy issues and the assumptions which underpin the policy agenda of an unlearning state. The aim is to contribute towards the reframing of political choices which is necessary before we can ensure security in a resilient, responsible capitalism
The first four books in the series cover: the policy bias towards competition and markets, the British state’s persistence with outsourcing, the development of public private partnership in the global south and the failures of mainstream economics as a form of knowledge and education.
Taken together these books make the argument that post 1979 structural reform promised the market and delivered an extractive, financialised capitalism which benefits elites As for ordinary citizens, they are confused by an econocracy which monopolises expert knowledge as they suffer growing problems about the supply of foundational goods and services necessary to everyday welfare.
CRESC researchers produced a series of public interest reports on mundane sectors, like railways and adult care, from 2010 to 2016 which can be downloaded from the CRESC back catalogue. The books are written in the same accessible style but can take a broader view and are written by CRESC authors and others. Nick Hildyard leads Cornerhouse a radical ngo; while Joe Earle, Cahal Moran and Zach Ward-Perkins were all active in Post- Crash Economics at the University and subsequently involved in Re-thinking Economics.
The Manchester Capitalism title reflects our conviction that there is much distributed intelligence in our economy and society outside the metropolitan centres of elite decision making. We write to inform and empower that force which Victorian Britain recognised as agenda setting, provincial radicalism and which we can promote in the twenty first century through an informed citizenry using devolved government for a social purpose.
Appropriately, the next book in series will be Aeron Davis’ Organised Irresponsibility on our blundering, British metropolitan elites, forthcoming, spring 2018.