
Contents
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Introduction Introduction
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Before the 1920s – austerity as a government budgeting issue Before the 1920s – austerity as a government budgeting issue
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Austerity in the inter-war period Austerity in the inter-war period
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Austerity in the 1940s Austerity in the 1940s
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New stances on austerity in the 1970s and 1980s New stances on austerity in the 1970s and 1980s
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Postscript: Thatcher’s heirs 1990–2015 Postscript: Thatcher’s heirs 1990–2015
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Conclusions Conclusions
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References References
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Two Conventional wisdom on government austerity: UK politics since the 1920s
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Published:September 2015
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Abstract
This chapter is structured in terms of the way the relationships between austerity as a requirement of government and austerity as something imposed upon citizens have been addressed over time. Taking a comparative historical approach the focus here is on the perspectives in United Kingdom politics on the need for austerity. After a brief excursion back into the 19th century, attention is given to three periods in which arguments about austerity were salient in political discourse: The inter-war period in which political concern about unemployment as a management of the economy issue emerged; The post-1945 clash between welfare goals and the post conflict impoverishment of government and society and; The debate about limits to government expenditure associated with the rise of the neo-liberalism in the 1970s.
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