Neither economic liberalism nor Keynesianism can conceptualise vocation, virtue or labour value as economic categories, neither can give a primary ec… - Maurice Glasman, Baron Glasman

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Neither economic liberalism nor Keynesianism can conceptualise vocation, virtue or labour value as economic categories, neither can give a primary economic value to intermediate institutions, whether they be the corporate governance of a firm, vocational colleges, regional banks or supporter owned football clubs, they can only conceptualise the state or the market and all forms of particular association are viewed as at best “cultural” or at worst “obstructive”. They can give no conceptual status to place, to the specificity of place and the necessity of institutions in generating virtue and value within it.

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About Maurice Glasman, Baron Glasman

Maurice Glasman, Baron Glasman (born 8 March 1961) is an English political theorist, academic, social commentator, and Labour life peer in the House of Lords. He is a senior lecturer in Political Theory at London Metropolitan University and Director of its Faith and Citizenship Programme. He is best known as a founder of Blue Labour, a term he coined in 2009.

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Alternative Names: Maurice Mark Glasman, Baron Glasman Maurice Glasman Maurice Mark Glasman Lord Glasman
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Additional quotes by Maurice Glasman, Baron Glasman

What did I think about Brown? I’ve said before, I don’t like his kind of politics. I didn’t really meet him properly but I identify him with state, state-ism, with simultaneously high morals and low cynicism. I never identified with that kind of politics. The last gasps of this idea that through the state you can transform society but how that then automatically leads to a dependence on finance to fund it. I don’t think Gordon Brown redistributed power to people.

Over a period of 500 years the City has supported deregulation at every turn. The consequences of this are massive. You had fraudulent products – the cause of the crash – debt being repackaged as an asset and then being used as leverage. The assets they held and credit they generated were on a ratio of 50-1. There was no effective regulation of this, no effective oversight. They have been exposed by the bailout. They have refused more than ten years of requests from us [London Citizens UK organisation] and suddenly they agree to meet. I think they are concerned that the political parties will move to a more manufacturing, less financially-based economy.

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We've got to reinterrogate our relationship with the EU on the movement of labour. The EU has gone from being a sort of pig farm subsidised bloc to the free movement of labour and capital. Britain is not an outpost of the UN. We have to put the people in this country first.

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