Friday, 13 June 2014

Reviews for The Failed Experiment by Andrew Fisher

Below are extracts from reviews for The Failed Experiment ... and how to build an economy that works - with links to the full review. The book is available from all good bookshops or online.

"Andrew Fisher ... succinctly explains how the crisis and the political response can be understood as the logical outcome of a series of political choices guided by an ideology which has gripped government economic policies of all major political parties since at least the election of the Thatcher government in 1979.

"Fisher’s language of democratising the economy, giving people democratic rights over how goods and services are produced and consumed in the economy, is reminiscent of the late Benn and points towards a modern and relevant conception of socialism"

- Michael Calderbank in Red Pepper

"The Failed Experiment is a searing examination of the causes - and complacencies - that led to the global financial crash of 2008, whose still-gaping wounds will take many years to heal.

"Fisher does a hugely impressive job in presenting complex economic issues in layman’s terms as he chronicles the causes of the spectacular financial collapse from the first early symptoms, that saw queues of Northern Rock customers looking to take out their savings in September 2007, to the credit crunch."

- Will Stone in the Morning Star

"I enjoyed this book. It starts with one of the clearest explanations you will read of how the Northern Rock and the business model behind it inexorably led to disaster.

"Much of the book looks at how we got here – the origins of what Fisher calls the “great experiment” under Thatcher. In the early 1980s, the poorest half of the UK held 11% of the nation’s wealth. Twenty years later that share had fallen to just 1%."

- Mike Phipps in Labour Briefing 

"Fisher’s book is an antidote and corrective to the mainstream propaganda that opines ‘there is no alternative’ to neoliberal capitalism and private sector dominance. Fisher sees his suggestions as a menu of policy options, not a political programme, but intentionally or not it develops into a manifesto for radical economic change.

"Fisher is unique in the world of political economy in that he writes with the passion of an activist and the erudition of an economist. His research and experience leave us in no doubt that the privatisation of our economy has proved ineffective as an engine for economic growth, but has succeeded in rapidly shifting wealth from workers to capital"

-Enrico Tortolano for the Institute of Employment Rights

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