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Chickens Coming Home to Roast (2003)

In: The Making of a Post-Keynesian Economist: Cambridge Harvest

Author

Listed:
  • G C Harcourt

    (University of Cambridge
    Jesus College
    University of Adelaide
    University of New South Wales)

Abstract

The fire-fighters’ dispute (in 2003) is but a most visible symptom of fundamental and, as yet, unsolved problems of the British industrial relations and political systems. Nothing is to be gained by apportioning blame or blasting particular groups for being pig-headed, stupid or just plain greedy. The capitalist system is institutionalised greed, a characteristic which its admirers from Adam Smith to Milton Friedman – and now old and new Thatcherites – have singled out for praise, because of the desirable side effects which, they argue, result from it.

Suggested Citation

  • G C Harcourt, 2012. "Chickens Coming Home to Roast (2003)," Palgrave Macmillan Books, in: The Making of a Post-Keynesian Economist: Cambridge Harvest, chapter 15, pages 222-225, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-34865-3_16
    DOI: 10.1057/9780230348653_16
    as

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