“…Most tellingly social democracy may be profoundly affected, and mutates to what has been described as 'social liberalism' in the field of social and industrial policy. The previous accommodation between state, capital, and labour is tipped to the advantage of capital at the expense of labour and is accompanied by a withdrawal of the state from many of its previous welfare activities (Bourdieu, 1998;Deacon & Hulse, 1997;Jessop, 2002a). Some argue that this combination of ideological imposition, power in practice, and the consequent global institutional architecture consolidates a new dominance of finance based capitalism (Cammack, 2002;Moore, 2005;Soederberg, 2002).…”