Magazine article Soundings

Andrew Glyn 1943-2007

Magazine article Soundings

Andrew Glyn 1943-2007

Article excerpt

The socialist economist Andrew Glyn died on 22 December 2007. He belonged to a generation of socialist scholars who challenged the orthodoxies of the past and pioneered new ways of thinking about the historical phase of capitalist development which began in the 1970s. The Soundings editorial board crosses three generations, so some of us knew him well, while others knew him mainly by reputation. The first book of his I read was Capitalism Unleashed (Oxford University Press 2006). It is a brilliant and lucid analysis of a capitalist system that has been 'running the film of history backwards ... and returning to an older stage of liberalism'.

In his introduction Andrew refers to British Capitalism, Workers and the Profits Squeeze, the classic book he'd written with his friend Bob Sutcliffe in 1972. In it they had described how the huge share of the national income taken by the working class between 1964 and 1969 resulted in a crisis of profitability. 'Capital's necessary counter-attack demands that the struggle assumes a more political character. …

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