UK Election Special: The Economy
The LRB Podcast
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Economic Contestation and Hyper Politics in the UK
The chapter delves into the lack of economic contestation in the election, focusing on the strategies of the Labour party and the damaged economic credibility of the conservatives. It reflects on the past 14 years of the UK economy and politics, discussing the era of austerity, rising house prices, stagnant wages, and the disruptive events post-Brexit referendum, leading to a period described as 'hyper politics'. The conversation explores the challenges of navigating the evolving political landscape and the impact of fiscal and monetary policies on asset values, particularly house prices in the UK.
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