COVID-19 temporarily re-made fiscal politics. States responded to the health threat by enacting a sudden and far-reaching contraction of the private sector, partly compensated by an unprecedented expansion of the public sector. The moves proved temporary, with a swift return to fiscal and [...]
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Political economists often place the state at the centre of explanations of change in capitalism. The emergence of a ‘welfare’ or ‘nation building’ state during the twentieth century reflects the advance of democratic movements and Keynesian inspired macroeconomic management. More recently [...]
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Finance is changing our lives. Through mortgages and super we now have more debt, and more savings, then ever before. The expansion of financial markets – what sociologists call ‘financialisation’ – creates new winners and losers. It even changes how we think about social rights. The [...]
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