Conjuncture

Description

Stuart Hall:

"A conjuncture is a period during which the different social, political, economic and ideological contradictions that are at work in society come together to give it a specific and distinctive shape. The post-war period, dominated by the welfare state, public ownership and wealth redistribution through taxation was one conjuncture; the neoliberal, market-forces era unleashed by Thatcher and Reagan was another. These are two distinct conjunctures, separated by the crisis of the 1970s." (http://www.opendemocracy.net/ourkingdom/tom-griffin/crash-report-has-left-learned-lessons-of-financial-crisis)