Austerity Politics and UK Economic Policy

Craig Berry isDeputy Director of the Sheffield Political Economy Research Institute at theUniversity of Sheffield. He has worked previously at the Trades Union Congress,International Longevity Centre, HM Treasury and the University of Warwick. Hisresearch focuses on UK economic statecraft, with an emerging focus on NorthernEngland in a European and global context.

• 1. Introduction: Austerity and Growth.- 2. Financialisation and the Property-Owning Democracy.- 3. Industrial Decline and the Myth of Rebalancing.- 4. Welfare Retrenchment and the Perversion of Full Employment.- 5. Deficit Reduction and Budget Irresponsibility.- 6. What's Left?.- 7. Conclusion.-