The right and the recession

Considers the ways in which conservative activists, groupings, parties and interests in the US and Britain responded to the financial crisis and the ‘Great Recession’ that followed in its wake.

Considers the ways in which conservative activists, groupings, parties and interests in the US and Britain responded to the financial crisis and the ‘Great Recession’ that followed in its wake.

The right and the recession considers the ways in which conservative activists, groupings, parties and interests in the US and Britain responded to the financial crisis and the ‘Great Recession’ that followed in its wake. The book looks at the tensions and stresses between different ideas, interests and institutions and the ways in which they shaped the character of political outcomes. In Britain, these processes opened the way for leading Conservatives to redefine their commitment to fiscal retrenchment and austerity. Whereas public expenditure reductions had been portrayed as a necessary response to earlier overspending they were increasingly represented as a way of securing a permanently ‘leaner’ state. The book assesses the character of this shift in thinking as well as the viability of these efforts to shrink the state and the parallel attempts in the US to cut federal government spending through mechanisms such as the budget sequester.

Introduction1. Charting the right2. Intercurrence and its implications3. The state and processes of change4. Embedded neoliberalism5. The advent of crisis and the building of narratives6. Rallying round the Gadsden flag7. Britain, austerity and the 'Big Society'8. Chafing, abrasion and the contemporary right9. A permanently leaner state?Index