Political Economy

David Reisman ()
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David Reisman: University of Surrey

Chapter Chapter 12 in Sidney and Beatrice Webb, 2022, pp 221-237 from Palgrave Macmillan

Abstract: Abstract The Webbs were collectivists and statists. In order that the state can increasingly provide, manage, regulate and coordinate, the structure of governance must be reformed. Retaining the bicameral system, first-past-the-post and electoral democracy, the Commons and the Lords must be replaced by a Political Parliament (responsible for law and order and defence) and a Social Parliament (concentrating on welfare and economics). Both Houses should be directly elected. New motives such as the pursuit of esteem and reputation, amplified by workmanship as an end and not a means, would replace the older pecuniary incentives. The knowledgeable would rule, subject to the test of public opinion. Since consensus would be strong, there would be no danger of a ‘tyranny of the majority’ or, still less, of an unresponsive political elite.

Date: 2022
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DOI: 10.1007/978-3-031-10008-6_12

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