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Why anger and confusion reign in an economy paralysed by myth

For a number of decades our economy has failed to work for ordinary citizens. Stagnant wages have been combined with underemployment and rising costs of basic goods like healthcare, education and housing. At the same time, a small minority of the population make obscene profits, while in the background we continue to hurtle headlong into an environmental emergency. However, despite there being no shortage of anger and anti-elite sentiment expressed in what is often referred to as the ‘culture wars’, no significant challenge to the dominant economic model has broken into the mainstream. The pound and the fury argues that behind this failure of imagination are a set of taken-for-granted myths about how the economy works – myths that stifle debate and block change. The book analyses these myths, explores their origin, how they circulate and how they might be dispelled at a time when, away from the public gaze, economic theory is opening up new possibilities of economic action. Possibilities that, as we emerge from the chaos of Covid-19, could lead to the radical structural changes we desperately need.

Vittorio Bufacchi

But where some saw abstraction others saw the truth. Albert Camus, The Plague In the concluding chapter of this book, some considerations will be given to what social, political, and economic changes need to be made, domestically and globally, after this pandemic crisis is over. The rhetoric of war, often used to describe our struggle with COVID-19, suggests that we must start thinking in terms of jus post bellum : if life resumes as if this COVID-19 episode was only a temporary glitch, and everything post COVID-19 goes back to being essentially

in Everything must change
State consolidation, security and ambition
Robert Mason

longer-term visas, 80 cohabitation, alcohol and cancelling provisions for leniency concerning ‘honour killings’, with an eye both to retaining talent and to fuelling economic growth post COVID-19. 81 Abu Dhabi is also introducing a secular family law. 82 Dubai has focused on expanding tourism, real estate development and economic deal-making, including establishing new industries

in Saudi Arabia and the United Arab Emirates
Azadeh Emadi

pandemic. The project that led to this chapter, Touch Post-COVID-19, addressed this gap by gathering and studying the personal stories and experiences of the deafblind community across the UK during the pandemic. This project grew out of earlier research from 2019 that intended to understand sensory perception and explore deafblindness from the intersection of art, technology and culture. With the occurrence of

in Knowing COVID- 19

From high above the Spaghetti Junction, to the caves beneath Nottingham castle, The Multicultural Midlands offers a fresh perspective on this overlooked region’s vibrant culture. Whether emanating from the Afrocentric streets of Steel Pulse’s Handsworth Revolution, the working men’s clubs where a young Lenny Henry cut his teeth, or the recesses of Adrian Mole’s teenage bedroom, the Midlands’ creativity thrives in unexpected places. Decades of misrepresentation have framed the Midlands as a cultural wasteland. This bold critical study, however, covers new ground. Using a wealth of archival sources and original interviews, the book maps the histories of twentieth-century migration onto the major cities of the Midlands – Birmingham, Nottingham, Leicester, Wolverhampton and the surrounding Black Country – exploring how diverse communities have made their mark. The book offers detailed analysis of works by Benjamin Zephaniah, Alan Sillitoe, Meera Syal and Catherine O’Flynn, among many others. In doing so, it advances debates about multiculturalism, arts funding and devolution. Within a post-Brexit, post-COVID framework, working collaboratively across cultures will be crucial to the survival of the creative industries, and Tom Kew signposts some tentative routes forward. The Multicultural Midlands provides sustained analysis and critical insight, to demonstrate how a consideration of the Midlands’ multicultural creative output requires us to think again about received ideas. Approaching multifarious texts using an even-handed analytical framework facilitates the discovery of numerous, overlapping networks of influence and impact. These networks reveal how multiple mass migrations have shaped the region which is the beating heart of multicultural Britain.

Kuba Szreder

bifurcation – and COVID-19 disruption definitely contributes to the systemic crisis of late capitalism – usually stable systems become chaotic. In such volatile situations, even modest actions may have a great effect. So here is our opportunity: while the post-COVID-19 world order is in its nascent stage, pointed interventions might make the difference between socialism and barbarism. Organising yet another project won't resolve anything, but diverting the flow of artistic and curatorial projects towards the political project of

in The ABC of the projectariat
Abstract only
Robert Mason

addition, the volume has found an emerging ideological fault line developing. Whereas actual or potential challenger states such as Qatar, Turkey and Iran are confined to the MENA region, where the kingdom and UAE have greater sources of leverage, they have not effectively been isolated, due to a lack of regional and international consensus. However, relations have developed as both sides realise the value, post COVID-19, of economic cooperation over ideational resonance. Malaysia, which entered the realm of challenger state, highlights transnationalism (and its limits

in Saudi Arabia and the United Arab Emirates
Open Access (free)
Pia Heike Johansen
Jens Kaae Fisker
, and
Martin Phillips

all over the world, including the two communities in Colorado which Carolan investigated to see how the people and social institutions responded to a threat like COVID-19. The in-depth comparative study drawing on pre- and post-COVID data enables Carolan to empirically illustrate to us ‘how “rural” and “rural wellbeing” cannot be understood monolithically’ and the ‘unevenness

in Rural quality of life
Abstract only
Andrew Monaghan

. 11 But in many ways the COVID-19 pandemic has only again underlined the value of familiarity with Russia's strategic planning and attempts to act with a global horizon. In some senses, it has re-emphasised some of the flaws and inefficiencies in the Russian system of governance. But significantly, despite hints of a new, “post-COVID” era emerging after the outbreak, there is a strong sense of continuity in Russian strategy. If Putin has suggested that the ‘serious challenges

in Russian Grand Strategy in the era of global power competition
Bentley Crudgington
Natalie Scott
Joe Thorpe
, and
Amy Fleming

2019 felt almost unethical by 2020. Dr Arber’s words that open this chapter are from our current post-Covid script, which we have used in physical and online versions of Vector . We moved away from the narrative of developing a vaccine for a current outbreak to future-proofing Biocore’s research ethical approval processes. In 2018, we knew there would be a pandemic of some form, and we know there will be others in the future. It feels reductive to say Covid-19 changed everything, but it certainly

in Researching animal research