This article appears in the following Oxford Review of Economic Policy issue: CAPITALISM AND INEQUALITY [View the issue table of contents]
Must equality and efficiency conflict? The economics of Andrew Glyn
* Jesus College, Oxford, e-mail: stuart.white{at}jesus.ox.ac.uk
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This paper aims to provide an introductory overview of Andrew Glyn's economics. Throughout his intellectual career, Glyn's central concern was to understand how economic efficiency can be made consistent with egalitarian objectives. In pursuing this concern, his work engaged critically with developments in contemporary capitalism and with different proposals for promoting egalitarian objectives, including revolutionary socialism, social democratic corporatism, and basic income capitalism. Glyn's legacy is a set of works which provide great insight into the development of capitalism and on the limits and possibilities of egalitarian advance.
Key Words: Andrew Glyn equality efficiency capitalism socialism social democracy basic income
I would like to thank Andrea Boltho, Chris Brooke, Ken Mayhew, Martin McIvor, Colm OReardon, David Purdy, Wiemer Salverda, David Soskice, and two anonymous referees for their help and encouragement. This article is substantially revised from an earlier article published in Renewal (White, 2008).