Market-driven Politics: Neoliberal Democracy and the Public Interest

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Verso, 2001 - Business & Economics - 280 pages
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 everyonetelevision 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 defense of democracy and the collective values on which it depends.
 

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Contents

Introduction
1
The global economy and national politics
8
The new global economy
13
Global market forces and national policymaking
21
The options for national governments
26
Explaining national responses
29
The case of Britain
32
The longrun impact of the global economy on national politics
35
The transition to marketdriven broadcasting
112
The television market 19992000
122
Restructuring
132
How television became a field of capital accumulation
136
Commodification and public service television
149
Conclusion
162
The National Health Service
165
The National Health Service 194879
166

British politics in a global economy
38
British governments and economic globalisation 19752000
40
Market forces social structure and ideology
45
the Big Bang and its fallout
58
Party politics
63
Institutional and constitutional change
69
The social costs of marketdriven politics
74
Problems of third way politics
76
Conclusion
79
Markets commodities and commodification
81
The private lives of commodities
87
Services as commodities
90
television
95
health care
100
Public service television
108
Public service broadcasting in Britain
110
The transition to commodified health services
167
The NHS quasimarket and other health care markets 19992000
177
The commodification of health care
189
Effects
201
The NHS Plan and the Concordat with the private sector
203
Global market forces and the NHS
207
Marketdriven politics versus the public interest
211
Is the UK an outlier?
216
Does it matter that politics are marketdriven?
217
Why has there been so little resistance?
219
Do public services matter?
220
On what basis can public services flourish?
222
Is this relevant?
224
Notes
225
Index
267
Copyright

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About the author (2001)

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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