The alchemy of austerity

Clarke, John and Newman, Janet (2012). The alchemy of austerity. Critical Social Policy, 32(3) pp. 299–319.

DOI: https://doi.org/10.1177/0261018312444405

Abstract

In this article, we examine the return of austerity as a global and national economic and political strategy. We consider debates about the economic viability of fiscal austerity and about its implications for the politics of welfare. We widen the focus of politics to explore the relationship between austerity and unrest, before turning to the social imaginaries through which austerity is being mobilised in the UK (the Big Economy, the Big Society and the Broken Society). We conclude with some reflections on rethinking the relationships the economy, politics and society through the idea of moral economies

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