Is wage-led growth a viable alternative to Britain's finance-dominated model?

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Time: 6.00pm - 8.00pm
Venue: Room 0001, John Galsworthy building, Penrhyn Road campus, Penrhyn Road, Kingston upon Thames, Surrey KT1 2EE
Price: free

The finance-led growth in Britain has relied on rising household debt and came with rising inequality. A decade after financial crisis began Britain still has stagnant wage growth and little progress has been made in rebalancing the economy? What are the prospects of debt-driven growth? How has the housing bubble affected income distribution? Is a wage-led growth strategy a viable alternative? What are the chances for higher wage growth after Brexit?

Speakers

• Prof. Engelbert Stockhammer, Kingston University: Finance-driven growth in Europe and the UK
• Prof. Ozlem Onaran, University of Greenwich, GPERC Director: Alternative economic policies for egalitarian development in the UK
• Stephen Clarke, Resolution Foundation: The housing headwind: the impact of rising housing costs on UK living standards
• Tony Kearns, Communication Workers Union (CWU): Prospects of wage policy

Progressive Debates

Progressive Debates aims to bring organises academics, activists and policy makers to discuss issues of economic policy, social inequality, progressive politics and organising. Progressive Debates is co-organised by Political Economy Research Group (PERG) Kingston University), University and College Union (UCU) Kingston, Kingston University Rethinking Economics (KURE).

Political Economy Research Group (PERG)

The Political Economy approach highlights the role of effective demand, institutions and social conflict in economic analysis and thereby builds on Austrian, Institutionalist, Keynesian and Marxist traditions. Economic processes are perceived to be embedded in social relations that must be analysed in the context of historical considerations, power relations and social norms. As a consequence, a broad range of methodological approaches is employed, and cooperation with other disciplines, including history, law, sociology and other social sciences, is necessary.

Kingston University Rethinking Economics (KURE)

Kingston University branch of the Rethinking Economics movement advocating pluralism in the teaching of economics.

Kingston University Branch of the University and College Union (UCU)

We seek to represent the collective views of our members to the university's senior management. We support staff on an individual casework basis. As a branch we are committed to progressive education policies, to a mission at Kingston that celebrates our diversity, and to working in partnership with students against racism and all forms of discrimination. We work closely with our sister union UNISON.

For further information about this event:

Contact: Engelbert Stockhammer
Email: E.Stockhammer@kingston.ac.uk