Today Myriad Editions publish Well, How Did We Get Here? A Brief History of the British Economy, Minus the Wishful Thinking. In a short text, around 10,000 words, Robin Ramsay explains how British political economy works. He traces the breakdown of the postwar consensus, Wilson and Heath’s failed attempts at fundamental reform, Thatcher’s all too successful vandalism and Labour’s surrender to the Bank of England / City / Treasury agenda in the 1990s. Along the way he shows how the financial sector, with the help of more or less witting allies in Westminster and Whitehall, shook off efforts to restrain them and created one of the most indebted and unequal countries in the developed world.
If you’d like to find out how we got into our current predicament, then Well, How Did We Here? will give you some pointers.
Robin Ramsay is the editor of the legendary magazine of parapolitics, Lobster.