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Developmental States: The British Crisis and the Imperial Mind-Set
Abstract
British economic decline was a staple of much post-1945 public discourse, until its supposed reversal by the “miracle” of the Thatcher years. In the aftermath of the great financial crisis of 2007, it has been revived with a vengeance as the weaknesses of its rentier economy have been mercilessly exposed. Meanwhile, the relative strengths of more coordinated “competitor” states are once again more apparent. Of the books under review here, two offer theoretically grounded and comprehensive empirical studies, while the other two bring together contributions from those seeking to restore a greater and more strategic economic activism to the British state. If anything, the former serves to underline the rather desperate predicament depicted by the latter, whose very publication is indicative of the cul-de-sac in which Britain now finds itself economically and politically.
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References
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