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Market-Driven Politics: Neoliberal Democracy and the Public Interestby Colin Leys
Synopses & Reviews
With the globalisation of the capitalist economy the economic role of national governments is now largely confined to controlling inflation and facilitating home-grown market performance. This represents a fundamental shift in the relationship between politics and economics; it has been particularly marked in Britain, but is relevant to many other contexts.
Market-Driven Politics is a multi-level study, moving between an analysis of global economic forces through national politics to the changes occurring week by week in two fields of public life that are both fundamentally important and familiar to everyone…television broadcasting and health care. Public services like these play an important role, because they both affect the legitimacy of the government and are targets for global capital. This book provides an original analysis of the key processes of commodification of public services, the conversion of public-service workforces into employees motivated to generate profit, and the role of the state in absorbing risk. Understanding the dynamics of each of these trends becomes critical not just for the analysis of market-driven politics but also for the longer-term defence of democracy and the collective values on which it depends.
This text is a multi-level study which moves between an analysis of those global forces, through national politics, to the changes occuring in two fields of public life that are both fundamentally important and familiar to everyone - television and health care.
This book provides an original analysis of the key processes of commodification of public services, the conversion of public-service workforces into employees motivated to generate profit, and the role of the state in absorbing risk.
Market Driven Politics is an empirical examination of the extent to which politics and policy are conditioned, or even determined, by global economic forces.
About the Author
Colin Leys is Emeritus Professor of Political Studies at Queen’s University, Canada. His previous books include Politics in Britain, The Rise and Fall of Development Theory and, with Leo Panitch, The End of Parliamentary Socialism.
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