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Social Policy After the Financial Crisis

A Progressive Response

Ian Greener

Incorporating insights from political economy and behavioural psychology, this radical book provides an up-to-date account of the dilemmas facing social policy this decade: where did we go wrong, and what we can do about it?
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Index

Ian Greener

Affordable Care Act 1, 116, 119, 122, 126
Akerlof, G. 71
anti-smoking policy 63
Apple 70, 90
Ariely, D. 2, 579
Atkinson, A. 106, 110, 130
‘Atlantic Fordism’ 3
Attlee government 6, 9
austerity 1, 45, 100
average annual tuition fees, universities 139
Ayres, Ian 62
Ball, S.J. 136
Bambra, C. 113, 114
banking system 24
Barber, B. 114, 187
Baumol’s cost disease 117
behaviour frameworks 112
behavioural aspects
of education 14750
social security 1726
behavioural irrationality 63
behavioural psychology 68
behavioural underpinnings, GAPO 97105
austerity 100
Austrian alternative 1012
corporate metaphors 99100
framing 979
hard choices 1034
Not Knowing What We Want 1045
paradox of well-being 1023
benefit claimants 172
‘Big Society’ 83
Blair, Tony 18, 19, 136, 146
Bregman, R. 106
Brennan, J. 189
Brexit 1, 60
Brown, Gordon 96
Bush, George W. 18
Cameron, David 83
capitalism 42
Citizens United v. Federal Election Commission 86
‘classical’ economic theory 6
Clinton, Bill 18
cognitive dissonance 103
confabulation 57
Conservative Party 104
consumerism 1415, 111, 142
contemporary psychology 58
conventional economics 6
corporate dominance 6972
corporate form 36
corporate ‘free-riders’ 153
corporate marketing 89
corporate metaphors 99100
corporate welfare 1568, 175, 176
corporations 98, 114, 140
countervailing powers 102
Crewe, I. 189
Dawkins, R. 52
death tax 96
decision making 53, 54, 60
deficit spending 7
deindustrialization 13
democratic governance 188
Dennett, D. 52, 55, 56
deregulation 90
disability benefits 174
Dworkin, R. 155, 178
economic crisis 25, 38
economic globalization 79
economic governance 88111, 1813
Galbraithian ideal type of 8991
GAPO framework 96
oligarchic 956
opulence, concept of 912
post-nationalism and 935
economic policy 103, 177
economic theory, confusions 358
The Economist 178
education 50, 13654
alternative approach to 15053
behavioural aspects of 14750
Galbraithian 14041
oligarchy and 1467
opulence in 1414
paradox of well-being 149
post-national governance 1446
electoral suicide 86
emergency aid, funding 5
enlightenment model 5267
challenging 559
rational and reasonable 525
European Central Bank 43
European Commission 30
European Exchange Rate Mechanism 30
European Recovery Program 5
Farley, J. 123
financial crisis 2, 2022
economic and social policy governance 6887
economic governance after 328
financial globalization 80
financial liberalization 82, 85
financialization 33
fiscal crisis 1516
‘fixed’ exchange rate system 11, 12
‘flexicurity’ approach 29
flexploitation 29
Foucauldian governmentality 64
fractures and crises 1014
Frank, R. 184
Frankfurt, H. 61, 184
freedom of movement 93
Freud 55
Friedman, Milton 16
Galbraith, J.K. 37, 42, 43
Galbraithian, opulent, post-national oligarchy (GAPO) framework 479, 68, 87, 96, 112, 136, 181
behavioural underpinnings of 97105
to social security 1567
Galbraithian economic governance 6972, 8991
alternative to 10511
corporate dominance, explaining 6972
opportunity, equality of 1078
stewardship 10811
Galbraithian education 14041
Galbraithian health and healthcare 11316
The General Theory of Employment, Interest and Money 6
Giddens, Anthony 18
gig economy 162
globalization, framing of 79
governance, mode of 18792
governance, scale of 1867
‘Great Depression’ 6
‘Great Moderation’ 19, 26
gross domestic product (GDP) 6, 24, 103, 104, 116, 125
Haidt, J. 54, 191
health and healthcare policy 50, 75, 76, 11235
alternative approach to 12935
behavioural aspects of 1259
consumers, citizens and stewards 133
Galbraithian exploration of 11316
oligarchy and 1234, 1345
opulence 11620
paying for and providing healthcare 1323
post-nationalism and 12023, 1334
social determinants of 112
tobacco 1312
Health and Social Care Bill of 2012 122
health insurance coverage 1
home lending 21
Hoover, Herbert 7
house prices 22
housing benefits 165
human agency, behavioural psychology 5967
framing 5960
hard choices 64
not knowing what we like 657
paradox of welfare 6064
human irrationalities 66
human rationality 2
humanitarian impulse 5
immigration 167, 186
income inequalities 123
industrial employment 13
inflation 117
information asymmetry 128
infrastructure building 5
inheritance 95, 96, 110
international capital markets 11
international currency markets 12
international trade treaties 81
‘invisible hand’ 53
Irrationality 56
Jessop, B. 2, 4, 9, 17, 38, 81, 187
Johnson, M. 191
Jones, O. 95
Judt, T. 183, 185
Kahneman, D. 2, 568
Keynes, John Maynard 6, 7
Keynesian economic management 10
Keynesian economic thinking 9
Keynesian economic thinking, welfare, national and state (KWNS) 10, 28, 47
challenging 1617
fractures and crises 1014
Keynesianism, monetarist challenge 4
Keynesian welfare 9
Keynes’s revolution 9
King, A. 95, 189
Klein, N. 111
knowledge-based economy 28, 29
Labour government 6, 119, 165
labour market flexibility 29
Lakoff, G. 104, 191
Libet, B. 55
longer-term stewardship 72
luck 77
Marmot, M. 22, 113, 130, 152
Marshall Plan 5, 15
massive online open courses (MOOCs) 145
means-tested benefits 170
media ownership 190
medicine 124
Mid Staffordshire Hospital Trust 122
middle-income households 23
Minsky, H. 110
Mouffe, C. 55
Mount, F. 47, 95
multinational corporations 91
multinational health corporations 133, 134
nanny state 53
National Health Service 9, 11820
National Industrial Recovery Act 7
neoliberal economic policies 113
net social expenditure 163
‘New Public Management’ 27, 40
NHS 76, 115, 117, 119, 122, 128, 190
NHS budget 91
‘nudge’ approach 58
Nussbaum, M. 148
Obamacare 1, 116, 119
O’Connor, J. 15, 117
oligarchy
economic governance 817, 956
education and 1467
health and healthcare policy and 1234
social security 16972
opportunity, equality 1078
opulence
of economic governance 912
in education policy 1414
financial crisis and 728
health and healthcare policy 11620
social security and 15866
opulent society 42
Organisation for Economic Co-operation and Development (OECD) 30
Osborne, George 96
overpayments and fraud 159
ownership structure movement 36
Page, B. 47, 95
pension funding 75
pensions 160, 175
performance management 41
Peston, Robert 95
phishing, potential for 72
Piketty, T. 34, 35
politics, after war 416
consumerism 1415
fiscal crisis 1516
fractures and crises 1014
social change 14
postcode lottery 121
post-national governance 7881
post-nationalism 186
educational governance 1446
health and healthcare policy 12023
social security 1669
post-nationalism, economic governance and 935
price inflation 13
The Price of Inequality 182
private corporations 73
private education 137
private market failure 182
Programme for International Students Assessment (PISA) 144
progressive politics
1990s 1820
failure of 426
progressive taxation 94
public assets 78
public ownership 73
public-sector schools 137, 141, 142, 153
public social benefits 171
public social expenditure 161
public squalor 72, 92
Rand, Ayn 54
Rawls, J. 46
Reagan 19
‘rebalancing’ economies 1, 25
recession 100
Republican Tea Party movement 41
Roosevelt, Franklin Delano (FDR) 7
Sayer, A. 96, 110, 111
Schiller 71
Schrecker, T. 113, 114
Schroeder, Gerhard 18
Schumpeter, Joseph 28
Schumpeterian, workfare, post-national regime (SWPR) 32, 47
Schumpeterianism 46, 89
Scottish National Party (SNP) 49
Searle, John 55
self-fulfilling prophecies 8
self-organization 53
sleep deprivation 127
Smith, Adam 6, 53, 98
social bads 106
social change 14
‘social enterprise’ organizations 31
social good 6
social imbalance 92
social investment 18
social security 15580
behavioural elements 1725
GAPO framework 1567, 173
immigration and 167
oligarchy 16972
opulence and 15866
post-nationalism 1669
Spicker, P. 178, 179
The Spirit Level 113
Standing, G. 68, 84, 90, 102, 134
status syndrome 22
stewardship 78
Stiglitz, J. 68, 84, 90, 93, 106, 107, 110, 130, 1813
Stiglitzian, relational, post-national democracy (SRPD) 191
subvert national tax policies 94
sugar tax 132
Sunstein, C. 2, 58, 59, 61, 62, 65, 66, 71
supra-national institutions 31
sustainable growth 2
Sutherland, Stuart 56
taxation, fair rates of 108
taxation rates 15
Taylor-Gooby, P. 117
Tett, G. 36
Thaler, R. 589, 656, 71
Thatcher, Margaret 86
tobacco 1312
Tobin tax 93
trade unionism 38, 49, 82
trade unions 13, 82, 102
Trades Union Congress 84
transnational financial organizations 11
‘trickle-down’ economics 94
Tronto, J. 143, 144, 185
Trump 1, 192
Trump campaign 60
UK Mental Health Foundation 102
UK national debt 5
UK Plc 99
unemployment 11, 164
benefits 160
unionism 13
UnitedHealth Group 115
US household income group growth 20
US stock market collapse 6
Wall Street Crash 7
welfare expenditure 19
welfare policy 78
welfare services 83
welfare spending 160
welfare understanding, governance of 2751
Jessop’s interpretation 2832
mode of governance 459
scale of governance 435
well-being, paradox of 1023
‘Winter of Discontent’ 82
Winters, J. 47, 95
workfare 29, 39, 183, 185
World Bank 30
World Health Organization (WHO) 30
World Trade Organization (WTO) 30
World War II 15
zero-hour contracts 102, 106, 162, 177
Zizek, S. 55