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A Social Provisioning Employer of Last Resort: Post-Keynesianism Meets Feminist Economics

Alessandrini, Donatella (2013) A Social Provisioning Employer of Last Resort: Post-Keynesianism Meets Feminist Economics. World Review of Political Economy, 4 (2). pp. 230-254. ISSN 2159-8282. (doi:10.13169/worlrevipoliecon.4.2.0230) (The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided) (KAR id:35319)

The full text of this publication is not currently available from this repository. You may be able to access a copy if URLs are provided. (Contact us about this Publication)
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http://dx.doi.org/10.13169/worlrevipoliecon.4.2.02...

Abstract

This article proposes a collaboration between post-Keynesians and feminist economists with regard to macroeconomic policies aimed at the socialization of investment, in particular the proposal for the government to act at once as the Employer of Last Resort and as a social provider. This is particularly important in the UK because the coalition government's Spending Review and Plan for Growth have dismantled public services and welfare benefits while emphasizing a narrow range of productive activities. This strategy threatens to widen the inequality that has led to low levels of demand and reliance by low- and middle-income households on unsustainable borrowing in order to maintain living standards. The article therefore contributes to current debates about alternative macroeconomic policies: it argues that the current emphasis on austerity needs to be replaced by a social provisioning approach that requires us to first pose the question of what the economy should be for.

Item Type: Article
DOI/Identification number: 10.13169/worlrevipoliecon.4.2.0230
Subjects: K Law
Divisions: Divisions > Division for the Study of Law, Society and Social Justice > Kent Law School
Depositing User: Donatella Alessandrini
Date Deposited: 25 Sep 2013 13:34 UTC
Last Modified: 16 Feb 2021 12:47 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/35319 (The current URI for this page, for reference purposes)
Alessandrini, Donatella: https://orcid.org/0000-0003-4198-3958
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