The human impact of the market

Abstract

For the past decade, the government has been ruthlessly pursuing free market policies. It has introduced market forces into many walks of life previously protected from them; and it has vigorously promoted the values of the `enterprise culture'. The economic and social consequences of these policies have been dramatic and profound. On the one hand, there has been a radical economic `restructuring': a ruthless sweeping away of much that was old and inefficient, and a considerable streamlining and modernizing of the economy. In the process, however, the lives of countless individuals have been disrupted. Communities, and even whole regions, have been devastated. Millions have been thrown out of work, or forced into new and often uncongenial occupations.

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Sean Sayers
University of Kent

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