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Bayliss, Kate, Fine, Ben, Robertson, Mary and Saad-Filho, Alfredo (2024) 'Reports of my death are greatly exaggerated: The persistence of neoliberalism in Britain.' European Journal of Social Theory. (Forthcoming)

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Abstract

Recent declarations of the end of neoliberalism in the United Kingdom, especially since the Covid-19 pandemic, are underpinned by diffuse and unstructured understandings of the neoliberal state. We argue that state intervention is both necessary and unavoidable under neoliberalism. This article shows that the ‘market-based’ reforms and the ‘rollback of the state’ that overtly characterise neoliberalism are heavily reliant upon public policy and entail an ongoing role for state intervention both over time and across economic sectors. Using sectoral case studies of housing and water from within the United Kingdom, we demonstrate, through a tight analytical framing of both financialisation and commodification, the variegated though crucial role of the neoliberal state in restructuring provision to facilitate financialised accumulation and their transformations in response to the contradictions, dysfunctions and limitations of neoliberalised social reproduction.

Item Type: Journal Article
Keywords: Financialisation, housing, neoliberalism, the state, water
SOAS Departments & Centres: Departments and Subunits > Department of Economics
ISSN: 14617137
DOI (Digital Object Identifier): https://doi.org/10.1177/13684310241241800
SWORD Depositor: JISC Publications Router
Date Deposited: 27 Apr 2024 07:57
URI: https://eprints.soas.ac.uk/id/eprint/41823

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