Drawing inspiration from the work of the Hungarian economic historian, Karl Polanyi, Remaking Market Society combines critique, original formulations, and case studies to form an analytical framework that identifies the key instruments of neoliberal governance. These include privatization, marketization, and liberalization. The case studies examine the development of neoliberal instruments (reform of the British civil service); their refinement (reform of higher education in England and Wales); and their dissemination across national borders (EU integration policies). Rather than look back nostalgically on the post-war welfare-state settlement, in the final chapter the authors ask why the coalitions that supported that settlement broke down in the face of the neoliberal reform movement.
This highly original work offers a distinctive transdisciplinary approach to political economy, and therefore is an important read for students and academics who are interested in political economy as well as social theory and political philosophy.
Antonino Palumbo is a political theorist who works on globalization, the transformation of governance and the implications of changes in state steering for modern representative democracies. Since 2002 he has been teaching at Palermo University (Italy), where he is an associate professor in political philosophy.
Alan Scott is Professor in the School of Behavioural, Cognitive, and Social Sciences, University of New England, Australia, and Adjunct Professor of Sociology at the University of Innsbruck, Austria. He has taught and researched at universities in the UK, Austria, Australia, and France, and his main research interests are in the fields of political sociology and social theory.