The Courageous State: Rethinking Economics, Society and the Role of Government - Softcover

Murphy, Richard

Softcover

ISBN 10: 1907720286 ISBN 13: 9781907720284

Publisher: Searching Finance Ltd, 2011

Synopsis

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

About this title

About the Author

Richard Murphy is a chartered accountant and economist. He has been described by the Guardian newspaper as an "anti-poverty campaigner and tax expert". Keven Maguire, associate editor of the Daily Mirror has said:

"We've got to take sides on tax. 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 plus a few others, including yours truly. But it is Murphy who is the heroic figure. Tireless and forensic, driven by an admirable moral fervour, I take my hat off to a campaigner with Duracell batteries."

A graduate in Economics and Accountancy from Southampton University he was articled to Peat Marwick Mitchell & Co in London. He subsequently founded a firm of accountants in London which he and his partners sold in 2000. In parallel with his practice career Richard was chairman, chief executive or finance director of more than 10 SMEs.

Since 2003 Richard has been increasingly involved in economic and taxation policy issues. He was a founder of the Tax Justice Network and is director of Tax Research LLP which undertakes work on taxation policy, advocacy and research for aid agencies, unions, NGOs and others in the UK and abroad.

Richard Murphy has been responsible for introducing many new issues into debates on tax policy. In particular he created the entirely new accounting concept of Country-by-Country reporting that is now being considered for adoption by the European Union, Organisation for Economic Cooperation and Development, International Accounting Standards Board and others. Country-by-Country reporting requires a multinational company to publish a proper loss account each and every jurisdiction in which it trades, without exception, and is seen as as a mechanism for holding multinational corporations to account for their activities in developing countries, the extractive industries and tax havens. It will also assist the monitoring of corporate transfer mispricing and is believed to cost developing countries tens and maybe hundreds of billions of dollars a year as well as corporate tax and governance risk in multinational corporations.

As principal researcher of the Tax Justice Network from its inception until 2009 Richard helped put the tax haven issue on the international agenda as principal author of such works as `Tax Us If You Can', `Closing the Floodgates', `Creating Turmoil' and the extensive analysis underpinning TJN's Secrecy Jurisdictions website and its Financial Secrecy Index. During the course of this work he defined what a secrecy jurisdiction is and this term has as a result been widely used in international dialogue on tackling tax abuse through what were previously known as tax havens. The practical consequences of this work can be seen in changes imposed upon the tax systems of locations such as Jersey, Guernsey and the Isle of Man, all resulting from his exposure of their failure to comply with international requirements.

Richard's work for the TUC, PCS and others on the tax gap in the United Kingdom has also put this issue on the UK tax agenda. It was not part of taxation debate until the TUC published his report `The Missing Billions' in 2008. It is now the main priority of H M Revenue & Customs' business plan.

Richard is also a principal author of many of the proposals made by the Green New Deal group in the UK, which has had a significant influence on political debate in the UK and beyond. He has written extensively on tackling the UK's deficit without imposing cuts on the most vulnerable in society.

Richard has written widely, and blogs frequently. He has appeared in many radio and television documentaries on taxation issues. He has also presented written and oral evidence to select committee committees of the House of Commons and House of Lords.

Richard has been a visiting fellow at Portsmouth University Business School, the Centre for Global Political Economy at the University of Sussex and at the Tax Research Institute, University of Nottingham.

Richard was voted the seventh most influential left wing thinker in 2010/11 in a Left Foot Forward poll, making him the highest ranked UK based economist on the list.

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.

Edition details

• Publisher: Searching Finance Ltd
• Publication date: 2011
• Language: English
• ISBN 10: 1907720286
• ISBN 13: 9781907720284
• Binding: Paperback
• Edition number: 1
• Number of pages: 332