Past and Present

@pastpresentsoc.bsky.social

The Past and Present Society: making cutting edge social history accessible since 1952. Our journal Past & Present is published by Oxford University Press. https://academic.oup.com/past

It's nice to see P&P promoting my article as we approach the anniversary of the 1976 IMF Crisis, when unilateral protectionism was furiously debated within the bowels of the British state. It's open access and free to read via the link below.

'The Political Crisis of British Keynesianism', by Colm Murphy. Abstract: 'In histories of Western political economy in the 1970s–1980s, Keynesianism is conventionally depicted as a victim of neoliberal ascendancy. Building on revisionist scholarship, this article looks beyond neoliberalism to explain the fate of Keynesianism in the transforming political economy of the United Kingdom in its global contexts. It explores a neglected case study: the intense controversies sparked by the Keynesian policy makers Wynne Godley and Francis Cripps. Responding to stagflation and strikes, Godley and Cripps demanded sweeping import controls to forestall mass unemployment and reverse Britain’s ‘decline’. They became celebrity economists, attracting admiration and opprobrium from government ministers and officials, political parties, journalists, and the City. Their arguments raised thorny questions, not just over economic policy, but also over Britain’s domestic statecraft and geopolitical relations after empire, during the Cold War, and inside the European Community. Revisiting these debates underscores the destabilizing impact of de-industrialization. It also reveals that (geo)political calculation determined the fate of Keynesian policy making more directly than neoliberal ideology. Godley and Cripps’s failure therefore illuminates a deeper political dilemma for fin-de-siècle Keynesians across Europe: upon which territorial order could they, and should they, exercise demand management as globalization accelerated? This question continues to shape Western politics in the twenty-first century.'
Past and Present@pastpresentsoc.bsky.social · yesterday

On advance access "The Political Crisis of British Keynesianism, 1973–1983" by @colmpm.bsky.social (‪@qmpoliticsir.bsky.social‬) #OpenAccess doi.org/10.1093/past...

This represents the first account of the Toshakhana or Treasure House, a colonial institution appropriated from earlier Indian and Persian practice. I argue that instead of solidifying regard it produced indifference to the gift & giver. A dream come true to publish in @pastpresentsoc.bsky.social

Past and Present@pastpresentsoc.bsky.social · last mo.

On advance access: "Tibetan Gift-Giving, British Indifference, and the Erasure of Provenance in Colonial India" by @tibetcurator.bsky.social (@uomsalc.bsky.social) #OpenAccess doi.org/10.1093/past...