Myths, Politicians and Money The Truth Behind the Free Market
Bryan Gould draws on his experience as a leading British politician and as a lawyer, academic, diplomat and television journalist to explain why the political and economic doctrines that have dominated the western world for three decades have meant that w
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10.1057/9781137358639 - Myths, Politicians and Money, Bryan Gould
Copyright material from www.palgraveconnect.com - licensed to Monash University - PalgraveConnect - 2016-03-01
Myths, Politicians and Money
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10.1057/9781137358639 - Myths, Politicians and Money, Bryan Gould
Copyright material from www.palgraveconnect.com - licensed to Monash University - PalgraveConnect - 2016-03-01
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Myths, Politicians and Money by Bryan Gould
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10.1057/9781137358639 - Myths, Politicians and Money, Bryan Gould
Copyright material from www.palgraveconnect.com - licensed to Monash University - PalgraveConnect - 2016-03-01
The Truth behind the Free Market
© Bryan Gould 2013 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission.
Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The author has asserted his right to be identified as the author of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2013 by PALGRAVE MACMILLAN Palgrave Macmillan in the UK is an imprint of Macmillan Publishers Limited, registered in England, company number 785998, of Houndmills, Basingstoke, Hampshire RG21 6XS. Palgrave Macmillan in the US is a division of St Martin’s Press LLC, 175 Fifth Avenue, New York, NY 10010. Palgrave Macmillan is the global academic imprint of the above companies and has companies and representatives throughout the world. Palgrave® and Macmillan® are registered trademarks in the United States, the United Kingdom, Europe and other countries.
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ISBN 978–1–137–35862–2
This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. Logging, pulping and manufacturing processes are expected to conform to the environmental regulations of the country of origin. A catalogue record for this book is available from the British Library. A catalog record for this book is available from the Library of Congress. Typeset by MPS Limited, Chennai, India.
10.1057/9781137358639 - Myths, Politicians and Money, Bryan Gould
Copyright material from www.palgraveconnect.com - licensed to Monash University - PalgraveConnect - 2016-03-01
No portion of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, Saffron House, 6–10 Kirby Street, London EC1N 8TS.
Preface
vi
Introduction
1
1
The Triumph of the ‘Free Market’
11
2
Globalisation
23
3
Stepping Stones to a ‘Free-Market’ Global Economy
37
4
The Political Response
51
5
Democracy Surrendered
62
6
The Shift in the Balance of Power
79
7
Everything Has a Price: Or Businessmen Know Best
87
8
Mismanaging Our Economies: The Rise of Monetarism
9
Mismanaging Our Ec
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