Published: 2005 (ISBN: 1 902488 81 4) Price: £9.95
On 12th July 2004 Rt. Hon. Lord Hattersley of Sparkbrook delivered a John Smith Memorial Lecture at an event held by the Smith Institute. In his address, Roy Hattersley drew on the sceptical view of markets held by the ‘Christian Socialist’ thinkers that contributed to the foundation of the Labour Party to develop an understanding of the role of markets in today’s world. He argued that the development of the global economy and of information technology in the last quarter of the twentieth century has made it all the more necessary to define where the boundaries between public and private enterprise lie. He argues for the re-invigoration of politics based not on the transformation of public service and services into a caricature of the market, but through the development of policy from first principles, driven by moral and philosophical imperatives.