Economy

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Levelling Up: 90% of Promised Schemes are Nowhere Near Completion

Published by Anonymous (not verified) on Fri, 15/03/2024 - 11:00am in

Ninety per cent of the "Levelling Up" projects promised by Rishi Sunak and former Prime Minister Boris Jonson are still years away from completion, a parliamentary report has revealed.

A report by the Commons Public Accounts Committee found that only £1.24 billion will be spent on the projects by the end of this month out of £10.47 billion programme originally promised by Johnson’s Government to improve dilapidated town high streets and run down areas of the country.

This month is supposed to be the completion of the first round of “Levelling Up” grants which councils had to put in bids under the scheme but the report reveals the deadline has had to be extended for at least a year because so few have been finished. The report reveals that out of 71 so-called “shovel ready” projects due to be completed this month, only 11 had been finished and the remaining 60 would not be completed until next year, if not later.

It also says only £3.7 billion out of the £10.7 billion has been allocated to councils by the ministry because the bidding procedure has been so complex and many councils have wasted council taxpayers money on projects which stood no chance of being accepted by ministers. 

Ministers changed the rules midway through the bidding for Levelling Up projects so that councils that were successful in bidding in the first round were disqualified from bidding in the second. As a result 55 councils wasted scarce council taxpayer’s money by putting in bids that were ruled out.

Dame Meg Hillier MP, Labour Chair of the Committee, said: “The levels of delay that our report finds in one of Government’s flagship policy platforms is absolutely astonishing. The vast majority of Levelling Up projects that were successful in early rounds of funding are now being delivered late, with further delays likely baked in. 

“DLUHC [The Department for Levelling Up, Housing and Communities] appears to have been blinded by optimism in funding projects that were clearly anything but ‘shovel-ready’, at the expense of projects that could have made a real difference. We are further concerned, and surprised given the generational ambition of this agenda, that there appears to be no plan to evaluate success in the long-term.

The ministry tried to claim to the National Audit Office that the majority of the programme was under way but when MPs questioned civil servants from the department it was revealed that “under way” only meant that construction was at the design stage or required planning permission.

Both the Local Government Association, which represents local councils, and the South East Councils, which represents local authorities in London and the South East, were highly critical of the bidding process to get the money.

South East Councils described the process as a “whole system of “beauty contest bidding” [which] is bad government. Levelling up funding further contributes to a “begging bowl culture” through a wasteful, inefficient, bureaucratic, over-centralised, unpredictable, short-termist, demoralising, time-consuming and frustrating way of allocating money to councils.”

In the South East only four councils got any money – they were Gosport, Gravesham, Test Valley and the Isle of Wight.

Transforming for human survival: a challenge to ACT Legislators

Published by Anonymous (not verified) on Fri, 15/03/2024 - 4:54am in

It is not difficult to understand, nor to agree, with the growing numbers of thoughtful people who argue that humanity is on the brink of extinction. And that, without transformational change in the way, we think, and live, our descendants are doomed. The size of our human population, the way we operate the economy, the Continue reading »

Ukraine: the dangerous economics of the war of production

Published by Anonymous (not verified) on Fri, 15/03/2024 - 4:52am in

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Economy

After two years of bloody trench warfare and aerial annihilation the economics of the war in the Ukraine are putting the means to end it yet further out of reach. With an avalanche of armaments being poured into the military vortex, the consequences of the unacceptably large losses of life and further massive destruction of Continue reading »

Rethinking Drug Laws: Theory, History, Politics – review

Published by Anonymous (not verified) on Thu, 14/03/2024 - 9:23pm in

In Rethinking Drug Laws: Theory, History, Politics, Toby Seddon analyses drug control policy and argues for a paradigm shift that decentres the West and recognises China’s historical and contemporary influence. Unpacking the complexity of drug law as a regulatory system, Seddon’s well-argued, insightful book calls for more inclusive, evidence-informed and democratic policymaking, writes Mark Monaghan.

Rethinking Drug Laws: Theory, History, Politics. Toby Seddon. Oxford University Press. 2023.

Based on forensic archival research, Rethinking Drug Laws: Theory, History, Politics by Toby Seddon is beautifully written and deeply insightful. Its central thesis is that we must decentre the West, especially when thinking about the origins of drug policy. Viewing drug policy from a Western vantage point is a blip because, as Seddon shows, China has long been a key player on the global stage, but drug policy analysis, with some exceptions, has not always recognised this. In this way, drug policy analysis has fallen into the trap of Occidentalism, providing a distorted view of the West’s prominence. Seddon sets out to show the folly of this and succeeds. Furthermore, he demonstrates that there are signs of regression toward the mean as China once again is becoming a primary global player, particularly through the belt and road initiative.

In drug control, inanimate objects – drugs – are not banned, but transactions that would otherwise constitute lawful economic activity are criminalised.

A defining feature of Seddon’s writing is the remarkable capacity for distilling complex historical narratives into an easily digestible schema. We see this clearly in the introduction, where he proposes a tripartite structure of race, risk and security arcs as ways to think about the origins of what has only recently become known as the “drug problem”. We are also introduced to another key idea that drug laws function through controlling the circulation of goods, ie, they are regulatory systems. In drug control, inanimate objects – drugs – are not banned, but transactions that would otherwise constitute lawful economic activity are criminalised. This is about the control of personal property rights. The right to personal property is not explicitly eroded through prohibition, but some transactions in relation to them become impermissible and there is no legal recourse for the right to conduct these transactions. In outlining this, the entire premise of drug control shifts from one of a struggle between the forces of prohibition and legalisation to understanding legalisation and prohibition within a broader system of regulation.

Seddon refers to regulatory systems as ‘exchangespace’. […] The basic premise of exchangespace is that ‘market behaviour and regulation are not separate realms but two sides of the same coin’.

Seddon elaborates on this over the following chapters and in doing so demonstrates a depth of research and scholarship that is genuinely cross-disciplinary, bringing in economics, sociology, history, political economy as well as insights from criminology, regulation theory and socio-legal perspectives. There is, however, method to this, which shapes and is shaped by the development of a new conceptual framework. Drawing on the work of Clifford Shearing and others, Seddon refers to regulatory systems as “exchangespace”, and this is painstakingly outlined in Chapter Two. The basic premise of exchangespace is that “market behaviour and regulation are not separate realms but two sides of the same coin”. The dimensions of exchangespace can be summarised as:

  1. Regulation operates in networks consisting of multiple dimensions and participants.
  2. Nodes are a key element of networks and facilitate communication across them. Analysis of networks should, therefore, look at the nodes because these are the locus within a system where various resources are mobilised in order to govern effectively.
  3. Not all nodes exert the same amount or kind of power in the network. The most economically powerful nodes can distort the smooth operation of the entire system.
  4. Networks adapt overtime. Consequently, policy does not stand still, it evolves and emerges in often unpredictable ways.

Seddon encourages us to focus on the network conditions that led to increasing control of certain substances (what we know as drugs), whilst permitting or at least freeing the trade in others (coffee, alcohol and tobacco) and to view these as complex systems.

Seddon encourages us to focus on the network conditions that led to increasing control of certain substances (what we know as drugs), whilst permitting or at least freeing the trade in others (coffee, alcohol and tobacco) and to view these as complex systems. In complex systems, the outcomes of policy depend on understanding where the starting point is. However, identifying starting points is almost impossible, not least, as Seddon contends, because we don’t yet have the theory and methods at our disposal to do so. The best we can do, then, is to try and understand elements of the wider network; that is, which nodes are exerting power in which contexts while acknowledging that these systems are unpredictable and constantly changing. Seddon uses this framework to explain the origins of Cannabis Social Clubs in Catalonia and the complex politics behind the patchy implementation of Heroin Assisted Treatment. In this way, we can start to explain the ways in which, for example, overdose prevention centres have been established in some locations and not others, or why and how drugs were decriminalised in Oregon, a decision that may now be reversed.

Seddon demonstrates how the origins of the current system can be traced to colonialism […] in the nineteenth century, even if we cannot pinpoint the exact starting point.

A complex system like drug policy can never revert to an earlier stage of development. Oregon’s post-decriminalisation society will not be the same as its pre-decriminalisation society. Fortunately, however, complex systems do have path dependency, and so it is possible, as Seddon does in Part II (Chapters Four and Five), to outline the chain of events that has led to the contemporary global drug regulatory system. Seddon demonstrates how the origins of the current system can be traced to colonialism (the race arc) in the nineteenth century, even if we cannot pinpoint the exact starting point. The key lesson here is that we need to look East rather than West to understand this. Here, the Opium Wars of the nineteenth century are a key reference point.

Taking an exchangespace perspective we see that the Opium Wars (1839-1842) were more than just about one country (Britain) establishing a right to export its products (opium) to a large market (China). More accurately, they represented a military contestation that focused on the boundaries between legal and illegal trade – a contestation that lies at the heart of drug control. The burgeoning temperance movement proved a powerful node alongside increasingly powerful US economic interests, which contributed to the realigning of opium in the late nineteenth and early twentieth centuries as a product requiring control. The Opium Wars also represent – in the form of the second opium (Arrow) war – the first moment that drug control (as opium control) became a multinational affair. In this way we can draw a direct line from the Opium Wars to global drug prohibition fifty years later.

In Part III (Chapters Six and Seven) Seddon turns to the political nodes of the regulatory network, focusing on “what is at stake when drug laws and drug policy become a matter of political contestation”. The idea here is that within exchangespace, it is impossible to stand outside of politics, as the system is inherently political. Politics is a powerful node. This section draws heavily on Loader and Sparks’ conception of public criminology and the strategies that can be used to add coolant to heated debates.

To hand over decision making to experts is to abandon any hope for democratic politics as it replaces one system of domination (populist politics) with another (experts).

For Seddon, this should not simply mean that populist ideas – such as the “war on drugs” – are replaced with technocratic, evidence-based decisions. To hand over decision making to experts is to abandon any hope for democratic politics as it replaces one system of domination (populist politics) with another (experts). Arguably, that is why it has become more commonplace to speak of evidence-informed or evidence-inspired policy. However, Seddon provides a way out of that impasse by stating that “better politics” is required more than better evidence. This has two dimensions. First, we need a more careful analysis that focuses not only on the impact or harms of current drug policies (eg, criminalisation, stigmatisation, racist stereotyping) as they occur, but considers in depth and precision how the arcs of race, risk and security perpetuate this system. Secondly, on a practical level, a more cosmopolitan, comprehensive and inclusive deliberative democracy is required which can yield discernible change. Reforms in Catalonia and Oregon point to how this can be done, but also its precarity. Scaling it up and bringing in the voice of people who use drugs as part of a social movement is essential.

The text brings us almost full circle to how a better politics might lead to a more sophisticated, fairer form of market regulation.

Seddon points to the success of prison reform movements in France in the 1970s or the radical politics of mental health campaigning organisations which sought to foreground the voices of survivors of the psychiatric system as providing a blueprint. To this we could add decades of campaigning by disability rights activists, which have shown how positive change can occur with these strategies. There is no reason why drug policy should be any different. In this way, the text brings us almost full circle to how a better politics might lead to a more sophisticated, fairer form of market regulation. Ultimately, for Seddon, this means shifting the focus of social and political science away from the way the world is, towards the deeper thinking on the kind of world we want. This is the book’s challenge. It is us up to us to deliver.

Note: This interview gives the views of the author, and not the position of the LSE Review of Books blog, or of the London School of Economics and Political Science.

Image credit: OneSideProFoto on Shutterstock.

Alice in Aukusland: America first and the stillbirth of ‘Australian’ SSNs

Published by Anonymous (not verified) on Thu, 14/03/2024 - 4:56am in

Tags 

Economy, Politics

AUKUS has become a stillborn project. Vassal states, satellites – in other words the butlers of international relations, the minders of the royal stool – are a rarely respected lot. In Australia’s case, being Washington’s butler is hardly like being Jeeves to Bertie Wooster. Jeeves is, after all, a near omniscient being, a confidant who Continue reading »

Six peculiar ‘Peak China’ myths we all should question

Published by Anonymous (not verified) on Thu, 14/03/2024 - 4:51am in

In recent years, there has been a notable shift among certain Western politicians, media outlets and think tanks regarding their perspective on China’s developmental trajectory. The once popular theory of an imminent collapse of China, famously asserted by Gordon G. Chang over two decades ago, has finally begun to lose traction. But there is still Continue reading »

US can’t beat China, so it should join it in the EV revolution

Published by Anonymous (not verified) on Tue, 12/03/2024 - 4:55am in

Efforts to keep Chinese electric vehicles out of the US will only hurt American consumers and manufacturers in the long run. Instead, the Biden administration should embrace learning from Chinese carmakers to improve innovation and competitiveness. In the United States, sharp disagreements exist over numerous critical national issues. However, there is bipartisan consensus on reducing Continue reading »

Why does the West abound with misreaders of China’s economy?

Published by Anonymous (not verified) on Mon, 11/03/2024 - 4:51am in

As 2024 marks the Year of the Dragon in the Chinese zodiac, whether this mythical creature should be named “Dragon” or “Loong” in English has puzzled many and stirred heated discussions. The two creatures vastly differ in their shapes, legends and the cultural symbols they represent. And in recent years, more and more Chinese people Continue reading »

Price-fixing to price-gouging

Published by Anonymous (not verified) on Sat, 09/03/2024 - 4:52am in

‘…price-protection is, and must always, remain the very first and foremost plank in any fighting platform worthy of the name, and hang the public!’ Southern Grocer, 1912. For most capitalists in the first six decades of last century, tariff protection took second place to price-fixing, which undermined the ‘frugal comfort’ of the basic wage by Continue reading »

Who’s to Blame for Out-Of-Control Corporate Power?    One man is...

Published by Anonymous (not verified) on Fri, 08/03/2024 - 5:08am in

Who’s to Blame for Out-Of-Control Corporate Power?    

One man is especially to blame for why corporate power is out of control. And I knew him! He was my professor, then my boss. His name… Robert Bork.

Robert Bork was a notorious conservative who believed the only legitimate purpose of antitrust — that is, anti-monopoly — law is to lower prices for consumers, no matter how big corporations get. His philosophy came to dominate the federal courts and conservative economics.

I met him in 1971, when I took his antitrust class at Yale Law School. He was a large, imposing man, with a red beard and a perpetual scowl. He seemed impatient and bored with me and my classmates, who included Bill Clinton and Hillary Rodham, as we challenged him repeatedly on his antitrust views.

We argued with Bork that ever-expanding corporations had too much power. Not only could they undercut rivals with lower prices and suppress wages, but they were using their spoils to influence our politics with campaign contributions. Wasn’t this cause for greater antitrust enforcement?

He had a retort for everything. Undercutting rival businesses with lower prices was a good thing because consumers like lower prices. Suppressing wages didn’t matter because employees are always free to find better jobs. He argued that courts could not possibly measure political power, so why should that matter?

Even in my mid-20s, I knew this was hogwash.

But Bork’s ideology began to spread. A few years after I took his class, he wrote a book called The Antitrust Paradox summarizing his ideas. The book heavily influenced Ronald Reagan and later helped form a basic tenet of Reaganomics — the bogus theory that says government should get out of the way and allow corporations to do as they please, including growing as big and powerful as they want.

Despite our law school sparring, Bork later gave me a job in the Department of Justice when he was solicitor general for Gerald Ford. Even though we didn’t agree on much, I enjoyed his wry sense of humor. I respected his intellect. Hell, I even came to like him.

Once President Reagan appointed Bork as an appeals court judge, his rulings further dismantled antitrust. And while his later Supreme Court nomination failed, his influence over the courts continued to grow.  

Bork’s legacy is the enormous corporate power we see today, whether it’s Ticketmaster and Live Nation consolidating control over live performances, Kroger and Albertsons dominating the grocery market, or Amazon, Google, and Meta taking over the tech world.

It’s not just these high-profile companies either: in most industries, a handful of companies now control more of their markets than they did twenty years ago.

This corporate concentration costs the typical American household an estimated extra $5,000 per year. Companies have been able to jack up prices without losing customers to competitors because there is often no meaningful competition.

And huge corporations also have the power to suppress wages because workers have fewer employers from whom to get better jobs.

And how can we forget the massive flow of money these corporate giants are funneling into politics, rigging our democracy in their favor?

But the tide is beginning to turn under the Biden Administration. The Justice Department and Federal Trade Commission are fighting the monopolization of America in court, and proposing new merger guidelines to protect consumers, workers, and society.

It’s the implementation of the view that I and my law school classmates argued for back in the 1970s — one that sees corporate concentration as a problem that outweighs any theoretical benefits Bork claimed might exist.

Robert Bork would likely regard the Biden administration’s antitrust efforts with the same disdain he had for my arguments in his class all those years ago. But instead of a few outspoken law students, Bork’s philosophy is now being challenged by the full force of the federal government.

The public is waking up to the outsized power corporations wield over our economy and democracy. It’s about time.

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