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Why the Competitiveness Agenda is likely to mean slower growth

POSTED ON October 2nd  - POSTED IN Blog, Labour & Wages, The Harms
Matthew Watson, Professor of Political Economy, University of Warwick

Matthew Watson, Professor of Political Economy, University of Warwick

Update: now re-published at Naked Capitalism.

The purveyors of the modern-day Competitiveness Agenda exhibit pronounced Panglossian tendencies. They see only positive things for everyone if their advice is followed. A ‘competitive’ economy will boast high levels of growth, they say, and the whole of society will benefit when the trickle-down effects impact on their lives.

As Matthew Watson argues, however, this Panglossian scenario elevates optimism over evidence. The modern-day Competitiveness Agenda can be turned on its head in the interests of a more progressive social settlement by exploring its fundamental anti-growth dynamics.

This post has been added to our relatively new page called The Harms which outline the range of different ways in which the Competitiveness Agenda tends to hurt those countries that practise it.

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The Anti-Growth Dynamics of the Competitiveness Agenda

By Matthew Watson

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