Mike Raco is Professor of Urban Governance and Development at the Bartlett School of Planning, University College London, UK.

’This is a confusing and uncertain time, one in which promises of localism and devolved power are translated into new forms of regulation, authoritarianism, and corporate power. It is this world that Mike Raco confronts so clearly and effectively here. He convincingly cuts through the confusion to show not only who gains and who loses from the new arrangements, but also - equally important - how the process works.’ Allan Cochrane, The Open University, UK ’If you want to understand how the state is being transformed in the name of localism and efficiency to favour global capital and to fragment governance, then read this book. Mike Raco’s analysis moves from insightful theoretical reflections to persuasive case studies to show how the new regulatory state generates profits, creates a new class of experts, and undermines democracy.’ Bob Jessop, Lancaster University, UK

• Chapter 1 State-led Privatisation, the Restructuring of the State, and the New Localism; Chapter 2 Privatisation, Welfare Reform, and the Politics of the New Progressivism; Chapter 3 Regulatory Capitalism, Privatisation, and the New Contractualism in the Welfare State; Chapter 4 The Private Finance Initiative and the Privatisation of the British Welfare State; Chapter 5 The Consequences of Privatisation and the Rise of New Private Sector Elites; Chapter 6 The Privatisation of Healthcare and the New Localism; Chapter 7 The Privatisation of Social Housing and the Re-making of Citizenship; Chapter 8 Transport Infrastructure and the Impacts of Privatisation; Chapter 9 What is Left to the State?;

Mike Raco is Professor of Urban Governance and Development at the Bartlett School of Planning, University College London, UK.

’This is a confusing and uncertain time, one in which promises of localism and devolved power are translated into new forms of regulation, authoritarianism, and corporate power. It is this world that Mike Raco confronts so clearly and effectively here. He convincingly cuts through the confusion to show not only who gains and who loses from the new arrangements, but also - equally important - how the process works.’ Allan Cochrane, The Open University, UK ’If you want to understand how the state is being transformed in the name of localism and efficiency to favour global capital and to fragment governance, then read this book. Mike Raco’s analysis moves from insightful theoretical reflections to persuasive case studies to show how the new regulatory state generates profits, creates a new class of experts, and undermines democracy.’ Bob Jessop, Lancaster University, UK

• Chapter 1 State-led Privatisation, the Restructuring of the State, and the New Localism; Chapter 2 Privatisation, Welfare Reform, and the Politics of the New Progressivism; Chapter 3 Regulatory Capitalism, Privatisation, and the New Contractualism in the Welfare State; Chapter 4 The Private Finance Initiative and the Privatisation of the British Welfare State; Chapter 5 The Consequences of Privatisation and the Rise of New Private Sector Elites; Chapter 6 The Privatisation of Healthcare and the New Localism; Chapter 7 The Privatisation of Social Housing and the Re-making of Citizenship; Chapter 8 Transport Infrastructure and the Impacts of Privatisation; Chapter 9 What is Left to the State?;

Mike Raco is Professor of Urban Governance and Development at the Bartlett School of Planning, University College London, UK.

’This is a confusing and uncertain time, one in which promises of localism and devolved power are translated into new forms of regulation, authoritarianism, and corporate power. It is this world that Mike Raco confronts so clearly and effectively here. He convincingly cuts through the confusion to show not only who gains and who loses from the new arrangements, but also - equally important - how the process works.’ Allan Cochrane, The Open University, UK ’If you want to understand how the state is being transformed in the name of localism and efficiency to favour global capital and to fragment governance, then read this book. Mike Raco’s analysis moves from insightful theoretical reflections to persuasive case studies to show how the new regulatory state generates profits, creates a new class of experts, and undermines democracy.’ Bob Jessop, Lancaster University, UK

• Chapter 1 State-led Privatisation, the Restructuring of the State, and the New Localism; Chapter 2 Privatisation, Welfare Reform, and the Politics of the New Progressivism; Chapter 3 Regulatory Capitalism, Privatisation, and the New Contractualism in the Welfare State; Chapter 4 The Private Finance Initiative and the Privatisation of the British Welfare State; Chapter 5 The Consequences of Privatisation and the Rise of New Private Sector Elites; Chapter 6 The Privatisation of Healthcare and the New Localism; Chapter 7 The Privatisation of Social Housing and the Re-making of Citizenship; Chapter 8 Transport Infrastructure and the Impacts of Privatisation; Chapter 9 What is Left to the State?;