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Eleven Social investment perspectives and practices: a decade in British politics

  • Alexandra Dobrowolsky and Jane Jenson
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Social Policy Review 17
This chapter is in the book Social Policy Review 17

Abstract

This chapter discusses the interpretation of New Labour of the social investment paradigm, whereby state expenditure is justified in terms of the future returns on invested resources. It talks about the social investment perspective of New Labour in four policy areas, namely: promotion of a culture of savings and investment, child poverty, childcare, and education and skills training. The discussion also points to the areas of contradiction within this perspective in the policies of New Labour.

Abstract

This chapter discusses the interpretation of New Labour of the social investment paradigm, whereby state expenditure is justified in terms of the future returns on invested resources. It talks about the social investment perspective of New Labour in four policy areas, namely: promotion of a culture of savings and investment, child poverty, childcare, and education and skills training. The discussion also points to the areas of contradiction within this perspective in the policies of New Labour.

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