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Bill Mitchell — (Re)municipalisation – purging the barbarians from inside the gate

Summary:
This post is a followup to a blog post I wrote a few weeks ago – ABCD, social capital and all the rest of the neoliberal narratives to undermine progress (November 12, 2020) – where I discussed the trends in government policy delivery and regional and community development thinking, which have emerged in the neoliberal period and attack the idea of government. These approaches claim thatonly through the development of social capital and a reliance on local initiatives, free of government interference, can communities reach their latent potential. These ideas have led to the scrapping of regional development planning (replaced by new regionalism), outsourcing of welfare policies (replaced by social entrepreneurship) and other madcap approaches (like ABCD). Our public service bureaucracies

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This post is a followup to a blog post I wrote a few weeks ago – ABCD, social capital and all the rest of the neoliberal narratives to undermine progress (November 12, 2020) – where I discussed the trends in government policy delivery and regional and community development thinking, which have emerged in the neoliberal period and attack the idea of government. These approaches claim that
only through the development of social capital and a reliance on local initiatives, free of government interference, can communities reach their latent potential. These ideas have led to the scrapping of regional development planning (replaced by new regionalism), outsourcing of welfare policies (replaced by social entrepreneurship) and other madcap approaches (like ABCD). Our public service bureaucracies have bee converted from service delivery agencies into contracted brokering and management agencies (to oversee the outsourcing and privatisation of public service delivery) and have, often, been filled up with characters who are borderline sociopaths. The point is that it is not the ‘state’ that is at fault but the ideologues that have taken command of the state machinery and reconfigured it to serve their own agenda, which just happen to run counter to what produces general well-being. Today, I continue to analyse that theme and outline what needs to be done to rebuild our damaged public sectors....
Bill Mitchell – billy blog
(Re)municipalisation – purging the barbarians from inside the gate
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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