Corporate Power and Social Policy in a Global Economy: by Kevin Farnsworth

By Kevin Farnsworth

Spanning the entire period of the Conservative governments and the 1st time period of latest Labour, this e-book appears at mechanisms of company energy and impact; company opinion and impact in more than a few social coverage parts together with: schooling, education, well-being and social safety; altering enterprise impact on social coverage lately in a global context and enterprise involvement in social coverage projects and welfare delivery.

By exploring enterprise perspectives and evaluations, energy, impression and involvement in social provision, this ebook is helping to deal with very important questions in social coverage and, in so doing, is going a way in the direction of final a gaping gap within the present literature. The book's breadth and multidisciplinary technique will attraction not just to scholars of social coverage, but in addition to scholars of commercial, public zone administration and politics, their academics and coverage makers within the box.

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Speech to the Economic Club, Chicago, 23 April 1999) Business, for its part, has also wasted few opportunities to remind governments of the gravity of the situation. Digby Jones, Director General of the Confederation of British Industry (CBI), used the occasion of the run-up to the 2001 general election to point out the dangers: Nobody can afford to ignore the shift towards a more globally competitive world in which investors and companies are extremely mobile. Any government must create an environment that not only attracts business but also encourages companies to stay.

The UK actually had the second highest rate in 1979, but by 1999 had the lowest of its major competitors. Some convergence also occurred. Seventeen percentage points separated the lowest and highest rates in 1979, but by 1999 this had narrowed to ten percentage points. These headline rates of taxation act as highly visible ‘signs’ of businessfriendliness within a nation state, and they are openly paraded by governments on the international stage in order to attract inward investment (discussed later in this chapter).

According to Rodgers (1991), the Federation of British Industry, on the other hand, was more sanguine in its assessment of social provision, acknowledging its importance to post-First World War economic reconstruction, job security and the adequate maintenance of the growing numbers of the unemployed. Such divisions as these were replicated in other areas of social reform. The NCEO, for example, opposed the 1930 Education Bill, which sought to raise the school leaving age and widen access to secondary education.

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