The Scottish Economy and Nationalism: Constructing Scotland’s Imagined Economy

Scotland’s economic capacity to prosper independently of Britain has become a key political issue, dominating the independence referendum of 2014 and continuing to influence British politics since. But, as this book shows, the Scottish economy, is not merely a statistical object – it is also a political, sociological and cultural idea which has been imagined and constructed.

The book explores the history of how Scotland has been framed in statistical and policy terms which are laden with conflicts over meaning, ranging from class struggles and struggles against “external control” to the ongoing debate over national independence. Using Scotland as a case study for examining the political meaning of “the economy”, the book also considers the origins of efforts to measure the Scottish economy in the British nationalist terms of “regional policy”. It then considers the influence, in turn, of North Sea oil, globalisation/Europeanisation, class dealignment and neoliberal “enterprise” ideology in changing the meanings attached to the Scottish economy. These form necessary conditions for the debate on national independence, where the nature and the future of the Scottish economy remains the central controversy. By examining the economic ideas of a self-proclaimed “cosmopolitan” nationalist movement, the study will offer deeper insights into how nationalists are adapting to the crisis of globalisation.

This book marks a significant contribution to the literature on Scottish independence as well as economic sociology, nationalism, critical geography and political economy more broadly.

Reviews of The Scottish Economy and Nationalism: Constructing Scotland’s Imagined Economy

"The ?Scottish economy? continues to dominate – and to limit- debate about the country?s future. Yet, as James Foley shows, the idea of a Scottish economy is both recent and contested. No student of political economy in Scotland or beyond can afford to be without this rigorous and crucial work."Jamie Allinson, Senior Lecturer in Politics, University of Edinburgh