The moral hazards of neo-liberalism: lessons from the private insurance industry

The key tenets of neo-liberalism regarding risk, governance, and responsibility are critically evaluated through an empirical study of the private insurance industry. Recent tendencies in this industry towards increasing segmentation of consumers regarding risk, and towards an expansion of private policing of insurance fraud, are analysed. The definition of moral hazard is broadened to include all parties in the insurance relationship, not just the insured. Moral hazards embedded in the social organization of private insurance lead to various kinds of immoral risky behaviour by insureds, insurance companies, and their employees, and to intensified efforts to regulate this behaviour. The analysis concludes with some critical observations about the neo-liberal emphasis on minimal state, market fundamentalism, risk-taking, individual responsibility, and acceptance of inequality.     

Liberalism,neo-liberalism and governmentality: introduction

This paper concerns the emergence of a specifically 'economic' way of governing poverty at the start of this century, an event which is to be accounted for, though by no means exhaustively, by the discovery of 'unemployment'. The latter will make it possible to relate the nineteenth-century 'problem of the unemployed' to an object domain that is primarily economic, rather than cultural or moral. A new object of regulation will emerge from this economic problematization of the 'social question': the labour market. The paper pays particular attention to the national labour exchange system, the political technology that will visibilize the labour market in new ways. Together with unemployment insurance, it will suggest new ways of governing poverty and a new course for social policy.     

Going South: capitalist crisis,systemic crisis,civilisational crisis

This article argues that the current protracted and severe financial and economic crisis is only one aspect of a larger multidimensional set of simultaneous and interacting crises on a global scale. The article constructs an overarching framework of analysis of this unique conjecture of global crises. The three principal crisis aspects are: an economic crisis of (over) accumulation of capital; a world systemic crisis (which includes a global centre-shift in the locus of production, growth and capital accumulation), and a hegemonic transition (which implies long term changes in global governance structures and institutions); and a worldwide civilisational crisis, situated in the sociohistorical structure itself, encompassing a comprehensive environmental crisis and the consequences of a lack of correspondence and coherence in the material and ideational structures of world order. In these ways, the global system is now `going south'. All three main aspects of the global crisis provoke and require commensurate radical social and political responses and self-protective measures, not only to restore systemic stability but to transform the world system.     

Manpower and Counterinsurgency: Empirical Foundations for Theory and Doctrine

How does manpower affect counterinsurgency? Important debates about counterinsurgency theory, military doctrine, force planning, and ongoing military operations revolve around assumptions about the role manpower plays in determining counterinsurgency outcomes. But these assumptions have not, by and large, been subjected to large-n analysis. This paper helps serve that role by examining new data on counterinsurgents’ deployments across 171 campaigns since World War I. These data provide insight into a range of important issues, such as how force size should be measured, whether it is related to counterinsurgent success, whether troop nationality matters, and whether the role of manpower varies across contexts. Of these findings, the most notable is that conventional rules of thumb for force sizing, including the recommendation put forth in official US military doctrine, receive no empirical support. These findings therefore challenge the prevailing wisdom, while laying the groundwork for a range of future scholarship.     

Joint boards for police in the Metropolitan areas: A preliminary assessment

Local Government, The Law and the Constitution, Martin Loughlin, Local Government Legal Society Trust, March 1983, pp. 143, £3.50.

Financing Regional Government: International Practices and their Relevance to the Third World, K.J. Davey, John Wiley, 1983, pp. 193, £12.95.

Housing Law, A. Arden and M. Partington, Sweet and Maxwell, 1983, pp. 1184, £55 (hardback).

The Government of Scotland: Patterns of Influence In Public Policy Making, Michael Keating and Arthur Midwinter, Mainstream Publishing, 1983, pp. 214, £9.95.

From Policy to Practice, Martin Rein, Macmillan, 1983, pp. xv + 250, £18.00 hardback, £6.95 paperback.

Comparative Public Policy: The Politics of Social Choice in Europe and America, 2nd ed., A.J. Heidenheimer, H. Heclo and C. T. Adams, Macmillan, 1983, pp. 367, £15.00 hardback, £5.95 paperback.

Policy and Politics in France: Living with Uncertainty, Douglas E. Ashford, Temple University Press, 1982, pp. 345, $29.95 hardback, $12.95 paperback.

Policy Advice and Organizational Survival, Michael J. Prince, Gower, 1983, pp. 256, £13.50.