The New Serfdom : The Triumph of Conservative Ideas and How to Defeat Them...

Great Britain is one of the wealthiest, most successful nations in the world. Why, then, do so many people feel short-changed? The old assumption that 'if you work hard and play by the rules, you can get on in life' looks increasingly like a cruel joke. Homeownership, secure employment and fair wages seem like relics of a bygone era. Meanwhile exploitative workplace practices have created a new serfdom, leaving many people trapped in unfulfilling, underpaid work. At a time of huge political upheaval and ever-increasing inequality, this powerful new book asks: how can we build a successful economy, powered by a happy and productive workforce that benefits everyone in the twenty-first century? This volume provides a critical assessment of the wide spectrum of Hayek's celebrated work as economist and social philosopher. Included are papers on Hayek's early writings in the field of monetary economics, on which his later campaign against inflation, his controversial proposal for competing currencies, and his negative view of the impact of trade unions on the economy are based. Hayek's social philosophy, often regarded as the centre piece of his famous work, and the fundamental findings about human thinking, society, the market system and social rules of conduct it is based on, is evaluated by leading contemporary social philosophers. The volume leaves little doubt as to the considerable impact of Hayek's thinking on economic policy and social philosophy. The New Serfdom examines why, in one of the most successful nations in the world, so many people feel left behind and no longer believe that politics can provide solutions to their problems.