On the “Public-ness” of the State
This concluding chapter explains that far from having fulfilled the trumpeted promise of clarifying the respective roles of the state and the marketplace, the neoliberal turn has given birth to a space of mingling and exchange that has no precedent. An extraterritorial zone has grown up at the margins of business, politics, and government. In this new framework, confusion of roles and mixing of genres are not individual deviations from the norm or symptoms of occasional administrative anomalies. On the contrary, they constitute the new normal when it comes to the functioning of the state in its relationships with the market economy. This book, in the end, tells the story of a “black hole” that has appeared at the very heart of our democracies: its birth in a blind spot hidden from the view of professional regulations and political oversight, the expansion of its gravitational pull at the core of the state, and the ensuing political and democratic costs that we face today.