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- W4317765457 abstract "The rise of neoliberalism in the late 1970s represents a movement to a new possibility space for the political economy and social contract and for the role and capacity of social policy to function within this. Neoliberalism has increased socioeconomic inequalities, sought to remove redundant (or spare) capacity from social systems, and does so from a narrow perspective of economic efficiency. Despite low growth and multiple crises in the economy, neoliberalism has remained remarkably resilient, which is due, in part, to the appeal of competitive and possessive individualism and arguments that the state, and state intervention, hold individual and collective progress back. Movement towards the market has led to increased fragmentation and decreased accountability within social policy delivery and governance, which (somewhat paradoxically) reduces the legitimacy of the state and the public sector. Untangling the web of influence of neoliberalism across the nexus of complex systems requires widespread, significant and sustained support, which is currently lacking." @default.
- W4317765457 created "2023-01-24" @default.
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- W4317765457 date "2022-07-20" @default.
- W4317765457 modified "2023-10-16" @default.
- W4317765457 title "The political economy" @default.
- W4317765457 doi "https://doi.org/10.1332/policypress/9781447352600.003.0002" @default.
- W4317765457 hasPublicationYear "2022" @default.
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