ABSTRACT
This chapter maps out the grey area between purely economic activities and their control and those that are explicitly social. The threshold for the controlled in this zone is one of socialization, whereby self-interest and private gain are replaced or complemented by a sense of the public good. The threshold for the controller is one of welfarization, whereby the state implements social and economic programmes designed to protect the most disadvantaged in society from the excesses of free market competition (the welfare state). Issues to be examined here include: the role of neoliberal economic policies such as tax cuts, reduced government spending, and zero deficits on counterterrorism policy in areas such as military spending, airport security, emergency preparedness, and disease control; regulation of banking and investment and the increasing importance of tracking money transfers and freezing terrorist assets; the importance of capital mobility, money laundering, and fundraising by charitable and religious organizations in counterterrorism efforts; and the impact of deregulation, privatization, and public–private partnerships on the ability of states to protect the disadvantaged, to prevent inequalities which fuel resentment and increase the potential for recruitment by terrorist groups, and to maintain acceptable levels of economic and societal security.
