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ERIC Number: EJ1165025
Record Type: Journal
Publication Date: 2018
Pages: 17
Abstractor: As Provided
ISSN: ISSN-0268-0939
The New Youth Sector Assemblage: Reforming Youth Provision through a Finance Capital Imaginary
McGimpsey, Ian
Journal of Education Policy, v33 n2 p226-242 2018
The language of austerity has been widely used to characterize policy-making in post-industrial nations since the financial crisis. Youth services in England are a noted example of the effects of austerity, having suffered rapid and severe cuts following a period of record investment prior to 2008. In this article, I argue that "austerity" is an inadequate conceptual basis for critical analysis of policy-making since 2008, and that youth services are better understood as an exemplar case of the reforming effects of a "late neoliberal regime". The late neoliberal regime describes a regulation of production through a finance capital imaginary, as distinct from the productive capital imaginary of the quasi-marketising neoliberal regime. I argue that late neoliberalism has effected the disassembly of quasi-marketised youth services and simultaneously the emergence of a new youth sector founded on norms of investment and return. I trace the reforming force of this regime through the productive relations of capital distributions, policy discourse, and organizational forms.
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: United Kingdom (England)
Grant or Contract Numbers: N/A