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The Courageous State: Rethinking Economics, Society and the Role of Government [Paperback]

Richard Murphy
4.0 out of 5 stars  See all reviews (7 customer reviews)
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Book Description

14 Nov 2011
In The Courageous State, Richard Murphy argues that neoliberalism has bred weak governments led by weak politicians who believe implicitly in the supremacy of the market. It has created a cowardly state: a state that sees responsibility and then runs away from it. Worse, the weak politicians who run our cowardly state want power solely to ensure that as much tax revenue as possible is used to benefit the private sector that they idolise. But neoliberal theory is wrong - it has created the crises we're suffering. And it has no solution to them. The Courageous State argues powerfully for a new economic model. That model is based on a very different idea of what the role of the state is. The Courageous State is driven by its desire to work on behalf of the people of this country. And that means a Courageous State is populated by politicians who believe in government and in the power of the office they hold. They believe that office exists for the sake of the public good. They know what that public good is. They think it is their job to help each and every person in their country to achieve their potential, sustainably, in a strong mixed economy. And they believe they can command the resources to fulfil this task - whether through tax or other means. A Courageous State offers hope; our existing, cowardly, state does not. Which is why building a Courageous State is essential if we want to both solve our current problems and build a sustainable future. The question is, are you willing to be that Courageous? "Since the 2008 crash conventional economists have run out of ideas. But Richard Murphy abounds with them. He writes with electric clarity about what went wrong and what could be done to put things right. He is a new economic thinker, no mere theoretician but guided by a sharp and practical accountant's eye. He knows where the money is hidden, who has it and how to release it. Murphy is the closest thing to a one-man think tank and he is as courageous as he says our politicians should be." Polly Toynbee, The Guardian newspaper columnist and economics commentator "Rich individuals, corporations, well-funded special interest groups and much of Fleet Street is on one (the wrong) side and then there is Richard Murphy.. . the heroic figure. Tireless and forensic, driven by an admirable moral fervour, I take my hat off to a campaigner with Duracell batteries." Kevin Maguire, Sunday Mirror

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Product details

  • Paperback: 332 pages
  • Publisher: Searching Finance Ltd (14 Nov 2011)
  • Language: English
  • ISBN-10: 1907720286
  • ISBN-13: 978-1907720284
  • Product Dimensions: 14 x 1.8 x 21.6 cm
  • Average Customer Review: 4.0 out of 5 stars  See all reviews (7 customer reviews)
  • Amazon Bestsellers Rank: 151,532 in Books (See Top 100 in Books)
  • See Complete Table of Contents

Product Description

Review

"Conventional economists have run out of ideas. But Richard Murphy abounds with them.He writes with electric clarity about what went wrong and what could be done to put things right. He is a new economic thinker, and guided by a sharp and practical accountant's eye he knows where the money is hidden, who has it and how to release it. Murphy is is as courageous as he says our politicians should be." --Polly Toynbee, The Guardian

Rich individuals, corporations, well-funded special interest groups and much of Fleet Street is on one (the wrong) side and then there is Richard Murphy..the heroic figure. Tireless and forensic, driven by an admirable moral fervour, I take my hat off to a campaigner with Duracell batteries --Kevin Maguire, Sunday Mirror

From the Back Cover

What is the Courageous State?

The Courageous State is Richard Murphy's vision of a country in which politicians strive to give everyone the chance to achieve their potential.

So what's the book about?

Three things. First, it says that neoliberalism has given us feeble politicians who think anything they do will be worse than the market outcome, so they do little or nothing. They fail us as a result.

Second, it argues that this is wrong and a whole raft of new economic thinking from Richard shows why.

And third, it contains a whole range of economic policy proposals that Courageous politicians could adopt to get us out of the neoliberal mess we're in.

Why buy it now?

Because everyone says that we're living in a world where there are no alternative ideas to counter neoliberalism - and now there are lots of them, all wrapped up in The Courageous State.

Who is Richard Murphy?

Richard is a chartered accountant, political economist, adviser to the TUC, PCS, The Tax Justice Network and others, and the person who put the Tax Gap on the UK policy agenda. He's also well known for his Tax Research UK blog - now ranked the number 1 economics blog in the UK.


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Customer Reviews

4.0 out of 5 stars
4.0 out of 5 stars
Most Helpful Customer Reviews
21 of 24 people found the following review helpful
4.0 out of 5 stars The Rebel with a cause. 27 Nov 2011
Format:Paperback
Having read this book once, I need to re-read it to fully appreciate the range and depth of the ideas Richard Murphy offers. There are books which analyse the economic crisis and those which deprecate the tax havens and activities of the bankers. This book does that to an extent but also offers solutions based on a through rejection of the Washington Consensus which has dominated political and economic thinking over the last thirty years. The Consensus says the government should be restrained to vital functions and its attempts control the economy are bound to be ineffective. The markets know what's best. De-regulation, privatisation, low taxation and abandonment of capital controls will liberate entrepreneurial energy. Of course,(as it seems to me) it may also mean 'downsizing and five people taking on the work of ten for no extra pay while the CEO and shareholders receive large rewards. Final income pensions may have to go and government social expenditure restrained but that is the price worth paying. He says 'politicians of the cowardly state think it is true that we should trust the market and not politicians.'
Murphy rejects all that, what he calls 'neo-liberalism', saying democracy means the state has a right to demand taxes to be used for the general good. The courageous state is one where politicians act to carry this out. The first part of the book deals with the failings of the present system. This is not done in depth as, he says, one either recognises it and agrees with it or one does not. The second part is about his economic analysis which looks at our needs, emotional, mental,purpose as well as material needs. Conventional economics doesn't usually do this. He does this using a series of diagrams employing a circle divided into a quadrant.
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6 of 7 people found the following review helpful
Format:Kindle Edition
A great read for anyone looking for concrete, left-wing solutions to the present economic crisis and to counter the neo-liberal political trends of the past 30 years.

Like one of the other reviewers, I was led to Richard Murphy's work after reading the excellent Treasure Islands by Nicolas Shaxson. I particularly liked the circular diagrams Murphy uses to explain his theory of how people and societies can achieve their potential in the 4 key areas of life: Material, Emotional, Intellectual and Purpose.

The only criticisms I have of the book are:

a) as someone without formal training in economics, a few more concrete examples woven into the text would have helped me understand the more complex arguments and have saved me re-reading some passages;

b) some of the arguments are repeated in different sections and I feel the book could have been edited together a bit more coherently;

c) it's fair to say that the Kindle edition of the book is riddled with errors (missing words, superfluous words, sentences which seemed to have been hacked many times and left in an unreadable state etc.) I can only imagine is down to the short time frame that the book was written in (Murphy acknowledges as much in the prologue) and maybe some poor character recognition technology, if this was scanned in.

This doesn't distract from the fact that this is an important book and a must-read for anyone looking for an alternative take on how we can restructure our society to face the challenges of the 21st Century.
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6 of 8 people found the following review helpful
2.0 out of 5 stars A disappointment 10 Dec 2012
Format:Paperback
This is a disappointment. Murphy is a tireless, passionate, lucid, well informed and influential campaigner on tax reform. I had hopes for a persuasive way out of our current mess. But this isn't it.

In part, the reason is not hard to seek. Murphy says he wrote the book in 3 months , seemingly without an editor. It shows. The writing, unlike his blog, is often uneven, prolix, repetitive, lumpy, and in places saloon bar hectoring ('I could spend a long time exploring this thesis...I am not going to because you, the reader, either...agree with it or you don't'). It feels like chunks were dictated late at night, and sent off without revision. A characteristically over-extended sentence that seems to have left the rails:

"How has the consensus that built out post war prosperity been replaced by a consensus that built the deregulatory environment which resulted in the near collapse of the UK economy in 2008 - and which treated the mechanisms of state that prevented that collapse with such extraordinary disdain that the status quo of contempt for government, that has resulted in a near universal demand for cuts in public services, come to pass?"

(If there was an editor, I demand he/she be brought to trial).

Murphy contrasts the 'cowardly state' (the minimalist state, oppressor of the poor and friend of the rich) that we have now with an ideal 'courageous state' (that looks after everyone).

The first part analyses where we are. No one needs persuading that we are in a hell of a mess, and there's diminishing support for what he describes as 'neo-liberalism'. But is it really so simple as: ''The rot set in with Thatcher and has continued unabated ever since"?
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