Privatised Keynesianism: An Unacknowledged Policy Regime

By C. Crouch. 2009

680 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/6171002ac222a5863f190bd06fa3f904b7546d04

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Citations in the corpus

Round the Houses: Homeownership and Failures of Asset-Based Welfare in the United Kingdom (2015, background): “Crouch (2009) called it ‘privatised Keynesianism’ where economic stability, effective demand and welfare provision are generated through housing and capital markets rather than through employment and production like in the immediate post-war period.”
Depoliticisation as process, governance as practice: what did the 'first wave' get wrong and do we need a 'second wave' to put it right? (2014, background): “…consequences of ostensibly ‘rational’ behaviour and equilibrium thinking) – and, what is more, a disequilibrium theory closely linked to the anticipation and subsequent analysis of the crisis itself (see especially Crouch, 2004; 2008; 2009; Hay, 2006; 2007; 2011, but also Burnham, 2001).”
Democracy of Credit: Ownership and the Politics of Credit Access in Late Twentieth-Century America1 (2016, background): “…resulted in swelling public sector liabilities in the 1980s; whengapingde ﬁ citsbecametoocostlyinpoliticalterms,policymakerspassed the baton back to private households who again used easy access to ﬁ nancial markets to cushion budgets under strain (Crouch 2009; Schwartz 2009; Streeck 2011).”
Financialisation, Financial Literacy and Asset-Based Welfare (2009, background): “Journal compilation © 2009 Political Studies Association BJPIR, 2009, 11(3) unprecedented in the post-war period’ (Krippner 2005, 173–208; see also Crouch 2009, in this issue).”
A Critique of the Extractive Operations of Capital: Toward an Expanded Concept of Extractivism1 (2017, background): “As various analyses indicate, in recent decades there has been a process of displacement toward the financial markets of the conditions under which what had been affirmed in the so-called social rights framework—from pensions to housing—is implemented (see Crouch 2009).”
The false promise of homeownership: Homeowner societies in an era of declining access and rising inequality (2020, background): “Despite ongoing economic restructuring that saw rising employment insecurity and polarisation gradually erode the middle-class (see Beck 1992; Giddens 1999), concomitant processes of mortgage credit expansion and financialisation maintained access to homeownership for many households (Crouch 2009; A”
Neoliberal growth models, monetary union and the Euro crisis. A post-Keynesian perspective (2016, neutral): “…growth models have emerged: the Anglo-Saxon and southern European countries developed a debt-driven growth model, which was driven by increasing household debt, strong consumption demand and, in some cases, a residential investment boom (Crouch 2009 refers to this as ‘privatised Keynesianism’).”
The Politics of Public Debt: Neoliberalism, Capitalist Development and the Restructuring of the State (2014, background): “The term was coined by Ralf Dahrendorf in one of his last essays (Dahrendorf, 2009).”
The alternative financialization of the German housing market (2017, background): “However, the literature has generally focused on housing markets that were heavily exposed to the global financial crisis (GFC), including those in Spain (e.g. CoqHuelva, 2013; García, 2010), Ireland (e.g. Fraser et al., 2013; Waldron, 2016), the United Kingdom (e.g. Martin, 2011; Wainwright, 2009) ”
Corporate Social Responsibility and Institutional Theory: New Perspectives on Private Governance (2012, background): “Rather than being a limited subfield of management or business scholars, the interest in CSR has widened to other disciplines, such as politics (Moon, 2002; Crouch, 2009), economics (van Oosterhout and Heugens, 2008), law (Mullerat, 2005) and sociology (Brooks, 2010).”
European Integration, Capitalist Diversity and Crises Trajectories on Europe’s Eastern Periphery (2018, background): “Colin Hay et al. (2008, see also Crouch 2009) coined the term ‘house-price Keynesianism’ for this growth model.”
Financing Social Reproduction: The Gendered Relations of Debt and Mortgage Finance in Twenty-first-century America (2013, background): “Specifically, Montgomerie and Young argue that in the US, housing finance has operated as a form of ‘privatised Keynesianism’ (see also Crouch 2009 ) whereby the wealth contained in one's home has become the primary store of wealth and central to the long-term stability of households.”
House Price Keynesianism and the Contradictions of the Modern Investor Subject (2010, background): “3 (Finlayson, 2009); an important means of routing the credit flows which sustain economic growth under a regime of „privatised Keynesianism‟ (Crouch, 2009); a primary indicator of the health of the financial system as commercial banking practices associated with mortgage lending have become increas”
Financialization and housing: Between globalization and Varieties of Capitalism (2016, neutral): “The asset side is discussed in the literature on housing asset-based welfare (Doling and Ronald, 2010; Kemeny, 2005; Toussaint and Lessing, 2009; Watson, 2009) and as collateral in the flexible neoliberal (Aalbers, 2015; Breathnach, 2010) or post-Fordist finance-led accumulation regime (Boyer, 2000;”