SOCI 3410H Lecture Notes - Lecture 10: Managerialism, Free Market, Neoliberalism
5 Apr 2016
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Document Summary
Ideology that emphasizes the understanding of the world as a vast market and advocates the reducion of public spending and promoion of reliance on private enterprise within a global economy. Policies include: minimizing public spending, low taxes, free trade, privaizaion of state enterprises, deregulaion of the market. Emerges in the late 70s-early 80s response to the welfare state. Public private partnership (p3): contracts between the public and private sectors in which investments are made by the private sector into a good that will be ofered to the public. Academic capitalism: naional level policies that favour industrial research collaboraions, oten undertaken at the cost of revenues directed towards undergraduate educaion. Beginning in 1970s neoliberalism begins to impact governance structures of universiies. New managerialism: shits power from academics to auditors and managers who may not be conversant with a speciic discipline but who apply a set of pracices that are conceptualized as largely interchangeable across disciplines, sectors, industries.
