New Public Management
A reform movement by executive politicians to redesign public services in favour of market oriented principles of productivity, privatisation, decentralisation, corporatisation, policy coherence and accountability. Other key features included ‘arms-length’ executive agencies and performance measurement, ultimately culminating in the “hollowing out of State”.
Institutional Economics
Institutional economics emphasizes a broader study of institutions and views markets as a result of the complex interaction of these various institutions (e.g. individuals, firms, states, social norms). Essentially the norms and networks that enable people to act collectively.
Neo-Liberalism
The internationally prevailing ideological paradigm premised on neo-classical theories of economics that maximise the role of the private business sector, including media enterprise, in determining the political and economic priorities of the state.
Policy-Consensus
A form of decision-making that endeavours to obtain the agreement of most participants, as well as the resolution or mitigation of minority objections. Also analogous to economic policy prescriptions of the Washington Consensus (now augmented).
De-Politicisation
The profound juxtaposition that in the politics of de-politicisation, and in spite of the state's apparent 'crisis of representation’ - the state itself cannot be neutral – leading to ‘arms length discretionary policy formulation. This infers both the role of the state in securing the ‘Rule of the Market’ and policy trends concerned with ‘credibility’ of policy making.
De-Collectivisation
A policy stance premised on the principles of individualisation of employment relations and individualisation of society resulting in ideological mobilisation toward organisational change (increased global alignment) and dis-empowerment of industrial relations institutions.