A new vision of liberalism that is fair and capable of responding to
the challenges of a post-COVID world Liberalism--and its promise of
market-led prosperity--was in crisis well before COVID-19. Recent
decades have seen a rise in concentrated unemployment and long-term
stagnation in real wages in many of the world's leading economies. At
the same time, the world has witnessed a dramatic rise of corporate
power, concentration of wealth. and the failure of liberal societies
to address some of the most pressing challenges of our time. To
survive, liberalism will need a radical reboot-to find new ways of
tackling the current challenges posed by corporate power, inequality,
and climate change. In this book, Rosalind Dixon and Richard Holden
argue this reboot means moving beyond recent neo-liberal versions of
liberalism toward a more truly democratic form-from the idea of free
markets to a vision of fair markets. The book offers a new vision of
fair markets as well as the concrete policies and practical steps to
make this ideal a reality. It proposes a universal green
jobs-guarantee, a significant increase in the minimum wage and
government support for wages, universal healthcare based on a
two-track model of public and private provision, a new critical
infrastructure policy for nation states to sit alongside a commitment
to global free trade, and universal pollution taxes, with all proceeds
returned directly to citizens by way of a green dividend. All of these
policies combine a commitment to markets with democratic commitments
to dignity for all citizens, and the regulation of markets in line
with majority interests. By addressing underlying systemic problems of
liberal societies and simultaneously emphasizing the importance of
markets in ensuring the efficiency and sustainability of these policy
solutions, Dixon and Holden present a vision of markets that are free,
fair, and well-functioning, not simply free. With clear-headed
analysis of how to pay for these ideas and the kind of democratic
politics needed to make them a reality, From Free to Fair Markets is
an accessible articulation of a new economic path for liberal
societies coming out of the COVID-19 pandemic.
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Liberalism after Covid
Produktdetaljer
ISBN
9780197626009
Publisert
2022
Utgiver
Oxford University Press Academic US
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter