FEDERAL AND STATE INTERVENTION IN SHOPPING CENTRE DEVELOPMENT IN THE USA

2018 ◽  
Vol 22 (5) ◽  
pp. 488-508 ◽  
Author(s):  
Costas Lapavitsas ◽  
Ivan Mendieta-Muñoz

In the period following the Great Recession of 2007–2009 the financialization of the US economy reached a watershed characterized by stagnant financial profits, falling proportions of financial sector and mortgage debt, and rising proportion of public debt. The main macroeconomic indicators of financialization in the USA show structural breaks that can be dated around the period of the Great Recession. The reliance of households on the formal financial system appears to have weakened for the first time since the early 1980s. The financial sector has lacked the dynamism of the previous three decades, becoming more reliant on government. The state has increased its own indebtedness and supported large financial institutions via unconventional monetary policy measures. At the same time, state intervention has tightened the regulatory framework for big banks. The future path of financialization in the USA will depend heavily on government policy with regard to state debt and financial regulation, although the scope for boosting financialization is narrow.


2016 ◽  
Vol 70 (4) ◽  
pp. 741-765 ◽  
Author(s):  
Colin C. Williams

The aim of this paper is to conduct an exploratory analysis of the wider economic and social conditions associated with larger informal economies. To do this, three competing perspectives are evaluated critically which variously assert that cross-national variations in the size of the informal economy are associated with: under-development (modernization perspective); high taxes, corruption and state interference (neo-liberal perspective), or inadequate state intervention to protect workers (political economy perspective). Analyzing the variable size of the informal economy across 33 developed and transition economies, namely 28 European countries and five other OECD nations (Australia, Canada, Japan, New zealand and the USA), the finding is that larger informal economies are associated with under-development as measured by lower levels of GNI per capita, employment participation rates, average wages and the institutional strength and quality of the bureaucracy, higher levels of perceived public sector corruption, lower levels of expenditure on social protection and labour market intervention to protect vulnerable groups, but also restrictions on the use of temporary employment contracts and TWAs. The outcome is a tentative call to combine a range of tenets from all three perspectives in a new more nuanced and finer-grained understanding of how the cross-national variations in the size of the informal economy are associated with broader economic and social conditions. The paper concludes by discussing the implications for theory and policy, including the need for further analysis of the different impacts on the size of the informal economy of a wider range of indicators of modernization, corruption, taxation and types of state intervention.


2019 ◽  
Vol 40 (4) ◽  
pp. 546-565 ◽  
Author(s):  
Karen Healy

Vulnerable families are subject to a myriad of State interventions. In this article, we analyse how interventions of the neo-liberal State may undermine, rather than activate, the caring capabilities of vulnerable families across the life course. We define ‘vulnerable families’ as financially disadvantaged families with complex and enduring needs. Drawing on examples from Australia, England and the USA, we consider how neo-liberal policy reforms may weaken the caring capabilities of these families. We focus our analysis on vulnerable families who have been subject to one of the most intrusive forms of state intervention: the removal of a child. We explain Bourdieu’s concept of ‘misrecognition’ and outline its utility for analysing the neo-liberal state’s failure to recognise and develop the caring function of birth families. We consider the implications of this analysis for the development of a critical research and policy agenda with vulnerable families.


1995 ◽  
Vol 27 (6) ◽  
pp. 1001-1016 ◽  
Author(s):  
P Cloke

In this paper some of the issues raised in researching the ‘problematic’ of rural life-styles are discussed. It is argued that traditional normative approaches to the study of deprivation and poverty need to be supplemented by an understanding of varying social and cultural constructions of reality, community, living standards, and welfare. The importance of such social and cultural constructs is illustrated in a discussion of the discursive transformation of previous codes, symbols, and concepts of welfare and poverty during the Thatcher and Reagan eras in Britain and the USA, respectively. In a series of contested transformations, the relationship between individual, society, and state in the provision and receipt of welfare has been redefined. Moreover, it is suggested that there are important spatial differences between the urban and the rural within this discursive context, with the urban construction of ‘underclass’ contrasting with rural constructions of ‘idyll’, the latter suggesting codes and symbols of self-help which negate the need for state intervention in welfare.


Author(s):  
Octavio Luis-Pineda

After the Cold War and the fall of Berlin Wall in 1989, a new world order led by the USA emerges as the axis of a new unipolar order that brings with it economic liberalization and the globalization process, implanted an economic strategy nurtured in the spirit of liberalism. Adam Smith's 18th century economic economy from "Laissez Faire Laissez Passer" upholds the economic self-regulation of nations without state intervention. Currently becoming the neoliberal strategy that has dominated the world scene for more than forty years. Although its planetary implementation has generated benefits due to the associated boom in international trade in the global market, it has also led to adverse effects in different ways and intensities, both among developed and peripheral economies. Such as a greater economic distancing between rich and poor at the planetary level, regional imbalances and greater polarization of wealth in peripheral economies, and multiple externalities and exacerbation of their structural problems.


2001 ◽  
Vol 120 (5) ◽  
pp. A16-A16 ◽  
Author(s):  
N VAKIL ◽  
S TREML ◽  
M SHAW ◽  
R KIRBY

2001 ◽  
Vol 120 (5) ◽  
pp. A542-A542 ◽  
Author(s):  
J HAY ◽  
B MCGUIRE ◽  
G OSTAPOWICZ ◽  
W LEE

Sign in / Sign up

Export Citation Format

Share Document