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Full Description
Four decades ago, faced with a series of economic, political and social crises, business and government leaders in Australia and many other nations were convinced by a well organised ideological insurgency of the need for what at first was presented as a series of technical changes in economic policy. However, neoliberalism quickly became a revolutionary agenda for re-ordering the social democratic state.
Captured: How neoliberalism transformed the Australian state directs attention to the central role of state power not just to remake markets, but also to remake a broad swathe of political life, social policy and citizenship.
In seeking to undermine the power of organised labour and "unleash" market capitalism, neoliberalism promised a surge of competition, productivity and common prosperity. For the wealthy few, this has indeed been an historically unprecedented time of capital accumulation, but for most, the results have been profoundly disappointing.
Today, neoliberalism is in crisis. We are living through an age of great instability, disillusionment and despair. Inequality of income and wealth has been rising; a majority of workers have experienced long-term declining relative living standards; corporate political and market power has reached historic levels; and younger generations are increasingly giving up the expectation of attaining the living standards of their parents. The status of prevailing neoliberal ideas and policy is in increasing disarray.
But without a coherent understanding of the ideas and interests driving neoliberalism, many people have turned to incoherent populism for an explanation and salvation and, failing that, even to forms of nihilism. Disillusion and anxiety constitute the dominant mood among the economic and policy elites, within Australia and internationally.
Captured presents a series of case studies from leading public policy experts, building critical new insights into the malaise that has characterised the neoliberal era. This book tells the story of how a small group of economists and lobby groups with a universalising agenda of radical change used neoliberalism to transform the state, and of the destructive effects of those policies on everyday life. Captured includes critical accounts of neoliberal policy and speculates on the likely future of neoliberalism as a form of political power and governmentality in Australia.
Contents
Introduction
Part I The nation-state changes its mind
Chapter 1. Contemporary monetary and fiscal policy by Susan K. Schroeder
Chapter 2. New Public Management and the hollowing out of the state by John Quiggin
Chapter 3. Outsourcing and neoliberal constitutionalism by Kristen Rundle
Part II Case studies: Neoliberal public policy
Chapter 4. The big country that can't by Evan Jones
Chapter 5. Capital gains and wealth by David Richardson
Chapter 6. Neoliberal labour market policy in Australia: The "fair go" is long gone by Greg Jericho and Jim Stanford
Part III Case studies: Creation of neoliberal markets
Chapter 7. Murray-Darling Basin Water Market by Maryanne Slattery and Bill Johnson
Chapter 8. Neoliberalism and human services: The National Disability Insurance Scheme (NDIS) by Bob Davidson
Chapter 9. Neoliberal care policies and women's economic inequality by Fiona Macdonald
Chapter 10. The national electricity market 25 years on: Outcomes and prospects by Bruce Mountain
Chapter 11. Superannuation and neoliberalism by David Richardson
Chapter 12. Regulation, deregulation and re-regulation: The apartment quality crisis in Sydney by Bill Randolph, Martin Loosemore, Laura Crommelin and Hazel Easthope
Chapter 13. The neoliberal reconstruction of curriculum and teaching in Australian vocational education by Steven Hodge
Chapter 14. The extraordinary case of Transurban, the Australian toll roads company by Phillip O'Neill
Chapter 15. Friedman, HECS and income-contingent loans by Mike Rafferty, Phillip Toner and Scott MacWilliam
Chapter 16. Port privatisation in Australia: Justifications and outcomes by Darryn Snell and Victor Gekara
Conclusion
