ABSTRACT
The previous chapter introduced the membership of the three fractions. This chapter now reinforces the claim that these fractions are represented institutionally within their respective trade associations and similar lobbying bodies. The first aim of this chapter is to disclose the internal dynamics of these bodies, revealing the tendency to neutralize or marginalize competing social forces. The second aim is to briefly consider the struggles of these fractions at the national level and at the EU level. It does not chart the passage of neoliberal policy from the fractions to the state since neither is the state the instrument of the ruling class, nor does this fit with the impulsions-agency-common sense nexus. Yet transnationally oriented fractions utilize regulatory processes, embedded within dynamic yet unequal social formations at national and EU levels, in attempts to shape regulatory politics. Neoliberalization is driven by the above nexus, yet the key protagonists – and, by implication, the dispossessed – are here made apparent.
