Political Quarterly Monograph

2018 saw celebrations of the centenary of the Representation of the People Act which marked a decisive step towards full universal suffrage-this collection of essays explores the problems of democracy and suggests ways it might now be extended and deepened. • Investigates if democracy is an unfinished revolution and if democratic politics is currently in retreat • Demonstrates how democratic politics is once again under attack-this time from populist nationalists, authoritarian rulers and new forms of political communication • Argues that if we lose the art of active citizenship, we will lose the freedoms and the rights which democracy has bestowed.

Western capitalism is in crisis. For decades investment has been falling, living standards have stagnated or declined, and inequality has risen dramatically. Economic policy has neither reformed the financial system nor restored stable growth. Climate change meanwhile poses increasing risks to future prosperity. In this book some of the world's leading economists propose new ways of thinking about capitalism. In clear and compelling prose, each chapter shows how today's deep economic problems reflect the inadequacies of orthodox economic theory and the failure of policies informed by it. The chapters examine a range of contemporary economic issues, including fiscal and monetary policy, financial markets and business behaviour, inequality and privatisation, and innovation and environmental change. The authors set out alternative economic approaches which better explain how capitalism works, why it often doesn't, and how it can be made more innovative, inclusive and sustainable. Outlining a series of far-reaching policy reforms, Rethinking Capitalism offers a powerful challenge to mainstream economic debate, and new ideas to transform it.