Public Money

SEVEN YEARS have passed since we left London and sent the original manuscript for this book to the publisher. Food and petrol were selling at one-half their present price, and inflation was only one third as high as it would be two years later. The Heath Government had yet to face the miners' strike, a winter black-out, and loss of office.

By Kabelo Moeti

by Curtis J. Cardine (Author)

This book provides a comprehensive analysis of the distribution of public money and its political and societal implications. Drawing on evidence from central and eastern Europe, it offers an innovative insight into public responses to various strategies of public spending. Given that public expenditures are funded mainly from tax revenues, it also assesses public attitudes to politically motivated allocations of funds. The book seeks to identify how people evaluate the material benefits of funding in light of the fairness - or lack thereof - of the distribution process, whether popular acceptance of variations in public spending depends on the framing of the beneficiaries, and the implications of money allocation for political trust in political institutions.

Up and down the country, directly-elected mayors control billions of pounds of public funds. But can this lead to too much power being concentrated into the hands of one politician? John Ware investigates the directly-elected mayor of Tower Hamlets in London – where opponents claim he’s used public funds both to promote himself and to create a local power base that, come election time this May, will help return him to office. Panorama reveals evidence suggesting that, under the mayoral system in Tower Hamlets, accountability and transparency have been put into reverse, with the mayor refusing to answer opposition questions about spending decisions involving millions of pounds of public money – and also how he has injected faith into politics.