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Introduction to the special section on Financialization, state action and the contested policy practices of neoliberalization

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Berry, Craig, Rademacher, Inga and Watson, Matthew (2022) Introduction to the special section on Financialization, state action and the contested policy practices of neoliberalization. Competition & Change, 26 (2). pp. 215-219. doi:10.1177/10245294221086864 ISSN 1024-5294.

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Official URL: https://doi.org/10.1177/10245294221086864

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Abstract

The view that neoliberalism has become, and remains, the dominant ideology of economic statecraft in most parts of the world is widespread within critical social science scholarship. But there is no settled view on the nature of ‘the neoliberal state’ (see Plant, 2009; Weiss, 2012). Is there such a thing? Despite many scholars’ confidence in the influence of neoliberalism on economic and social policy across many countries, the sheer diversity of policy practices and institutional structures to which the label ‘neoliberal’ has been applied means the archetypal state form of neoliberalism is difficult to discern. This is partly because the defining characteristics of neoliberalism are contested (allowing some to claim the category is redundant as anything other than a broad heuristic). And it is partly because of the concurrence of a widespread adherence to neoliberal ideas and the process of financialization (allowing some to claim that the category has been overtaken in importance in explanatory terms). The response to the pandemic has muddied the waters still further. There are now lots of suggestions that there can be ‘no going back’ to the economic world as it was before. But when it is so difficult to specify what the characteristics of that world were, problems obviously arise in describing what lies beyond it.

Item Type: Journal Article
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
H Social Sciences > HN Social history and conditions. Social problems. Social reform
J Political Science > JC Political theory
Divisions: Faculty of Social Sciences > Politics and International Studies
Library of Congress Subject Headings (LCSH): Financialization , Neoliberalism , Social policy
Journal or Publication Title: Competition & Change
Publisher: Sage Publications Ltd.
ISSN: 1024-5294
Official Date: 1 April 2022
Dates:
DateEvent
1 April 2022Published
24 February 2022Accepted
Volume: 26
Number: 2
Page Range: pp. 215-219
DOI: 10.1177/10245294221086864
Status: Peer Reviewed
Publication Status: Published
Reuse Statement (publisher, data, author rights): Posted ahead of print. Berry, Craig, Rademacher, Inga and Watson, Matthew (2022) Financialization, state action and the contested policy practices of neoliberalism. Competition & Change. : (In Press)volume and Issue Number) pp. xx-xx. Copyright © 2022 (Copyright Holder). Reprinted by permission of SAGE Publications. DOI: 10.1177/10245294221086864 Users who receive access to an article through a repository are reminded that the article is protected by copyright and reuse is restricted to non-commercial and no derivative uses.
Access rights to Published version: Restricted or Subscription Access
Date of first compliant deposit: 10 March 2022
Date of first compliant Open Access: 11 March 2022
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