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Unsettling Recolonization: Labourism, Keynesianism and Australasia From the 1890s to tHe 1950S

History at Lincoln University, mcaloonj{at}lincoln.ac.nz

This paper addresses the now entrenched historiography of the Australian Settlement and New Zealand variations thereof. Against the central premise of this historiography, that a particular regime of domestic insulation and external orientation to the British market constrained development and persisted unchanged until the neo-liberal restructuring of the 1980s, it is argued here that the political economy of the beginning of the 20th century was profoundly destabilized by the Depression. As a result, a new, Keynesian regime was established in New Zealand from the late 1930s and in Australia a few years later. The entrenchment of this regime depended upon adoption by remade conservative parties by the end of the 1940s.

Key Words: Australian Settlement • declinism • Keynsianism • New Zealand • political economy • recolonization

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