Abstract
The government's proposed reform of social security is generally perceived by the left as a means of cutting public expenditure, in order to allow the government to make its long-promised tax cuts. In this article, Angus Erskine shows that the reform of social security may reduce public expenditure, but is, however, designed essentially to further the development of a low wage economy, to extend privatisation, and to alter the relationship between the individual and the state through increasing the influence of the market.
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