Neo-Liberalism and Austerity

Book excerpt: This collection examines the relationships between a globalising neoliberal capitalism, a post-GFC environment of recession and austerity, and the moral economies of young people’s health and well-being. Contributors explore how in the second decade of the 21st century, many young people in the OECD/EU economies and in the developing economies of Asia, Africa and Central and South America continue to be carrying a particularly heavy burden for many of the downstream effects of the 2008-09 Global Financial Crisis. The authors explore the ways in which increasing local and global inequalities often have profound consequences for large populations of young people. These consequences are not just related to marginalisation from education, training and work. They also include obstacles to their active participation in the civic life of their communities, to their transitions, to their sense of belonging. The book examines the choices that are made, or not made by governments, businesses and individuals in relation to young people’s education, training, work, health and well-being, sexualities, diets and bodies, in the context of a crisis of neoliberalism and of austerity.