A decade of deregulation?
Much has been written about the rigging of LIBOR (the London Inter
bank Offered Rate), the foreign exchange markets and the gold and
silver price fixes. However, it is widely assumed that these scandals
began with the British government’s orgy of deregulation in the 1980s.
In this chapter, I shall argue that this was not in fact the case, but rather
that these changes in regulation were the first steps in the development
of a regulatory system which could have been more effective in preventing the misuse of such benchmarks
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Taxis, deregulation and racism in Irish
Some of them will look at you and open your door, but they don’t intend to
come into your taxi – they just want to leave a word or two with you, to annoy
you, and then slam your door. ‘Is it not enough for you to just pass me by and go
and pick whoever you want to pick?’ But they still want to leave words with you,
saying ‘f ’ words to your country, ‘You are not welcome here!’ It can be very
painful, very frustrating, but the best we
As the tragedy of the Grenfell Tower fire of 14 June 2017 has slowly revealed a shadowy background of outsourcing and deregulation, and a council turning a blind eye to health and safety concerns, many questions need answers. Stuart Hodkinson has those answers. Safe as Houses weaves together Stuart’s research over the last decade with residents’ groups in council regeneration projects across London to provide the first comprehensive account of how Grenfell happened and how it could easily have happened in multiple locations across the country. It draws on examples of unsafe housing either refurbished or built by private companies under the Private Finance Initiative (PFI) to show both the terrible human consequences of outsourcing and deregulation and how the PFI has enabled developers, banks and investors to profiteer from highly lucrative, taxpayer-funded contracts. The book also provides shocking testimonies of how councils and other public bodies have continuously sided with their private partners, doing everything in their power to ignore, deflect and even silence those who speak out. The book concludes that the only way to end the era of unsafe regeneration and housing provision is to end the disastrous regime of self-regulation. This means strengthening safety laws, creating new enforcement agencies independent of government and industry, and replacing PFI and similar models of outsourcing with a new model of public housing that treats the provision of shelter as ‘a social service’ democratically accountable to its residents.
deregulation of markets and frontiers and its conceited attempts to
universalise liberal democracy and human rights. And it will also pose an existential threat to
liberal humanitarian institutions, which have depended on the financial and political capital of
Far from promoting a final and permanent peace, the new security strategy situates the US in an
inter-state system in which war is possible at any time, in any location, with any rival, enemy
or former ally. How might we explain this apparent shift in American strategy?
A growing number
This book examines the intersection between incarceration and human rights. It is about why independent inspection of places of custody is a necessary part of human rights protection, and how that independence is manifested and preserved in practice. Immigration and asylum policies ask crucial questions about national identity, about human rights, and about our values as compassionate citizens in an era of increasingly complex international challenges. The book deals with the future of prisons and shows how the vulnerable population has been unconscionably treated. To arrive at a proper diagnosis of the expansive use and abuse of the prison in the age of economic deregulation and social insecurity, it is imperative that we effect some analytic breaks with the gamut of established approaches to incarceration. The book explores the new realities of criminal confinement of persons with mental illness. It traces the efforts of New Right think-tanks, police chiefs and other policy entrepreneurs to export neoliberal penality to Europe, with England and Wales acting as an 'acclimatization chamber'. In a series of interventions, of which his Oxford Amnesty Lecture is but one, Loic Wacquant has in recent years developed an incisive and invaluable analysis of the rise and effects of what he calls the penal state.
privatisation, outsourcing and deregulation across every
sphere of society. When we focus on the dangerous effects of these
policies on housing, and the ‘institutional indifference’16 of those
in power to the safety warnings of campaigners and those affected,
the charge that Grenfell was social murder strikes at the heart of
this abhorrent tragedy and its wider political relevance.
Safe as houses?
Nowhere has this neoliberal agenda been more fervently pursued
than in the realm of housing. Thatcherism flipped the post-war
model on its head, aiming to shrink the state
Donald Trump, neoliberalism and political reconfiguration
and ways in which the post-war Keynesian settlement was dismantled through deregulation, privatisation and the pulling back of state social provision. In broad terms, and although there were very significant differences between countries as neoliberalism took ‘embedded’ or ‘hybrid’ forms, the neoliberal agenda (expressed in most notably the Washington Consensus) rested upon the squeezing of the social state, fiscal discipline, the curbing of government subsidies, the cutting of tax rates to bolster trade and financial liberalisation, privatisation, deregulation and
hazard, or moral hazard. It cannot provide protection for the food chain, or
protect us against predatory lending, or predation in general. It cannot provide us
with decent, affordable, universal education. It will almost certainly expand social
inequality, creating conditions for yet another recession, or worse. And it will not
protect the environment. The year 2008 provided us with a valuable lesson: it was
a reminder of what happens when we return to deregulation, when Wall Street and
the City are allowed to determine their own rules, or to function in an
unfolded, focusing on the policies of privatisation,
demunicipalisation and deregulation that have recommodified
and financialised housing and land for profit-seeking corporate
interests, compromised building safety and undermined residents’
ability to hold their landlords to account.
Resisting social murder and exploitation: the origins of
The origins of British public housing – rented homes designed,
built, managed and maintained by principally local municipal
authorities – were forged in the 19th-century slums of unregulated
capitalism in which social
the nation. With this in mind, we then turn to the
privatisation, deregulation and liberalisation of air transport in the
1990s. Here we examine how these new policies not only brought
into question the dominance of Heathrow by generating growth in
international flights at regional airports, but brought new, low-cost
carriers into the aviation market, thus triggering further demands
for expansion, as well as challenges to the established practices of
Of course, aviation expansion throughout the second half of the
twentieth century was not