Tag Archives for privatisation

The great Australian neoliberal experiment

The story of how Australia embraced the free market On April 7th the new Secretary of the Australian Council of Trade Unions (ACTU), Sally McManus, declared that Neoliberalism ‘had run its course’ in Australia. McManus argued that Australia’s embrace of the free market in the 1970s and 1980s had lead to greater inequality amongst its population with ‘ordinary Australians’ becoming … Continue reading

6 June 2017 by
Categories: SPERI Comment | Tags: , , , , , , | Leave a comment

The Steel Crisis: Government, Multinationals and Regional Imbalance

Ewan Gibbs

Concerns about regional economies mean that even in an increasingly financialised and globalised steel sector the government is maintaining stewardship responsibilities Steel, the essential raw material widely understood as the precondition for industrial development, has been thrust into the centre of the debate about the UK’s economic future by the threatened closure of the last major basic mills. Into the … Continue reading

5 May 2016 by
Categories: Austerity, China, Development, Economics, Global crisis, Northern Powerhouse, SPERI Comment, Sustainability | Tags: , , , , , | Leave a comment

What is money for?

To meet collective societal challenges, and to respond to future recessions, a different way of thinking about money is required One particular exchange from the inaugural SPERI conference in 2012 has always stuck in my mind. After Colin Hay’s opening address, Bob Jessop asked him, ‘what is your theory of money?’ At the time I thought this was distractingly abstract, … Continue reading

5 April 2016 by
Categories: British growth crisis, Economics, Finance, Politics and policy, SPERI Comment | Tags: , , , , , , , , , , | Leave a comment

Bad things can still happen to ‘good pupils’ in the Eurozone

Neil Dooley

Portugal’s aspirant ‘good behaviour’ has contributed not only to its recent political crisis, but also its longstanding economic woes Portugal’s political elites, such as Luís Marques Guedes, are often eager to let the world know that they are the hardworking ‘ants’ of Aesop’s fable, while ‘the Greeks are grass-hoppers’ who have failed to plan for the future.  In a thematically … Continue reading

9 December 2015 by
Categories: Economics, Europe and the EU, SPERI Comment | Tags: , , , , , , , , , , | Leave a comment

The rise and fall of the World Bank’s global pension model

The global economic crisis has prompted the rapid demise of a treasured neoliberal pet project In many ways neoliberalism still seems an unshakeable paradigm.  However, in the pension reform arena governments across the world are abandoning pension privatisation in favour of a return to a primary role for the state.  This post charts the rise and fall of pension privatisation … Continue reading

1 December 2015 by
Categories: Economics, Finance, Politics and policy, Social science, SPERI Comment, Tax, Welfare | Tags: , , , , , , , | 1 comment