’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 ... Read morealso - 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 Show Less