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What is ‘Corbynomics’? The New Political Economy of the British Left

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Arts Two Lecture Theatre

Queen Mary University of London

Mile End Road

London

E1 4NS

United Kingdom

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What is ‘Corbynomics’? The emerging political economy of the British left

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Jeremy Corbyn was elected as leader of the Labour Party promising a break with a ‘neoliberal consensus’ that, his supporters argue, has dominated Britain for the past forty years.

Even though Labour’s Corbynite turn demonstrated an endurance and electoral potency unanticipated by many mainstream commentators before the 2017 General Election, the agenda of a prospective Labour government remains under explored. In contrast, within the Left itself there have been urgent debates on the ideal policies of a socialist government and the best strategies to replace ‘neoliberalism’. Left-wing writers and think-tankers now discuss proposals like the ‘Preston Model’ and a ‘Green New Deal’ with increasing confidence and excitement.

At this event, we will hear from some key figures in the development of the new economic thinking pursued by the Labour leadership. This panel will introduce the emerging political economic settlement, dubbed ‘Corbynomics’ by the Economist, and interrogate its ideas, strategies and prospects.

Panel members:

James Meadway

Former senior advisor to John McDonnell MP (2015-19) and former chair of the New Economics Foundation. Previously a policy analyst and researcher at HM Treasury, Nesta and The Royal Society. Currently writing a book outlining 'an economy for the many'.

Carys Roberts

Chief Economist at the Institute for Public Policy Research (IPPR) and Head of the IPPR Centre for Economic Justice. Previously worked for the Institute of Fiscal Policy, the Social Mobility Foundation, the RSA and in charity impact evaluation.

Florence Sutcliffe-Braithwaite

Lecturer in British History at University College London. Author of Class, Politics and the Decline of Deference in England, as well as articles on Neoliberalism, Thatcherism and Labour politics. Co-editor of Renewal: A Journal of Social Democracy, she is currently researching the lives of women in the 1984-85 miners' strike.

Simon Wren-Lewis

British economist and Professor of Economic Policy at the Blavatnik School of Government (University of Oxford) and a Fellow of Merton College. Most recently the author of The Lies We Were Told: Politics, Economics, Austerity and Brexit.

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Arts Two Lecture Theatre

Queen Mary University of London

Mile End Road

London

E1 4NS

United Kingdom

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