Welcome to the UCL European Institute, UCL's hub for research, collaboration and information on Europe and the European Union. We are part of the Institute of Advanced Studies.


Contact us

16 Taviton St
London
WC1H 0BW
+44 (0) 207 679 8737
european.institute@ucl.ac.uk

How to find us >>

trans32.pngtrans32.pngtrans32.pngtrans32.png

COMMENTS 

The heart of the matter: passion, politics and the EU referendum

Both Leave and Remain have appealed to voters’ guts to the extent that reason itself has become suspicious. Emotions will rule the day on 23 June, but at what cost?
23 June 2016
Uta Staiger
More...

Starts: Jun 23, 2016 12:00:00 AM

The price of solidarity: is Brexit worth it?

A misunderstanding of history and of historical time has put European solidarity on the chopping block. Think carefully before allowing the axe to swing, pleads Jan Kubik, Director of the School of Slavonic & East European Studies at UCL.
23 June 2016
Jan Kubik
More...

Starts: Jun 23, 2016 12:00:00 AM

Undecided on the referendum? These are the three questions to ask yourself in the voting booth

If there is one thing people can agree on as they prepare to vote on the UK’s EU membership: comprehensive, comprehensible and trustworthy information is in short supply. Every day, the quality of the debate sinks to a new low – yet the stakes are as high as ever. How, then, are you supposed to make your decision on June 23? What questions should you ask yourself when you enter the polling booth?
16 June 2016
Uta Staiger
More...

Starts: Jun 16, 2016 12:00:00 AM

Green Social Democracy

Publication date: Feb 13, 2013 05:15 PM

Start: Feb 12, 2013 09:00 AM

Michael Jacobs

Prof Michael Jacobs
February 2013

Despite its worthy motives, social market philosophy provides neither a useful analytical framework for understanding modern capitalism, nor the policy tools to address our present economic and social predicament.  The concept of ‘market failure’, with its underlying assumption of market equilibrium, does not capture the systemically adverse outcomes of collective market forces.  A more sophisticated understanding of capitalist economies, and the societies in which they exist, would recognise that the market economy is a dynamic but not self-regulating system.  It is embedded in, and impacts on, four other economies – of the natural environment, of family and care, of voluntary association, and of the public sector – which operate under different motivations and allocative principles.  The role of government is central, to balance the values created by different kinds of institutions and to constrain the dynamic impacts of market forces.  A number of policy conclusions are offered arising from this framework.

Biography: Michael Jacobs is Visiting Professor in the Department of Political Science / School of Public Policy at University College London and Co-Editor of The Political Quarterly.

Acknowledgements: Fabian Society