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The Internal and External Face of New Labour's Political Economy

Published online by Cambridge University Press:  28 March 2014

David Coates
Affiliation:
Wake Forest University, North Carolina
Colin Hay
Affiliation:
University of Birmingham

Extract

To Grasp Fully The Nature And Significance Of The Economic policies at the heart of dominant political projects, those policies have to be studied in the round. They have to be grasped as complex totalities which touch all aspects of the political agenda; and they have to be seen as constructed and contested wholes, whose contradictions, internal inconsistencies and conceptual limits are as vital to their trajectory as are their axioms, theories and content. Academically and professionally, the study of policy in this rounded way is often a more difficult task to complete than might be expected, in part because of the powerful divisions within and between the intellectual disciplines which comprise the social sciences.

Type
Original Articles
Copyright
Copyright © Government and Opposition Ltd 2001

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3 In making this observation we are, of course, not suggesting that the Blair government is the first Labour administration to promote vigorously its political and economic model. Rather, we suggest that there is something qualitatively distinctive about the highly concerted public packaging and external promotion of the ‘third way’ which invites comparison with Thatcherism.

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