ABSTRACT
The 2007–08 financial crisis fractured neoliberalism and the prevailing mode of governance. The neoliberal model was seen to fail even on its own terms amid rapidly rising concentration and widespread rent-seeking. Although a number of the attempts to disperse power seen in this book, such as devolution, have continued since New Labour lost power, economic concentration has also marched on, driven by a new ‘Gilded Age’ in an increasingly tech-based economy. Meanwhile, policymakers attempted to revive the neoliberal system with austerity economic policies and quantitative easing during the 2010s. A number of these developments further benefited populist leaders and forces.
