Tracking the state in a liberal economy

After 2008, many commentators anticipated that the effects of the global economic crisis would bring about a sea-change in the terms of political debate about the role of the state in economic and social policy. Neo-liberal ideas that financial markets were self-regulating and that minimal state intervention was both necessary and sufficient to facilitate growth had, it seemed, been put to the toughest test possible, and found sorely wanting. How could a whole cluster of ideas and policy priorities prove resilient to the effects of the crisis that, to their proponents, should not have happened?