This chapter discusses the relevance of neo-liberalism as both an ideology and as a pragmatic approach, defined as a re-making of the state, where the state is not rolled back as such but is re-shaped, re-configured to better serve the demands of capital. Neo-liberalism represents an attempt to replace political judgement with economic evaluation, including, but not exclusively, the evaluations offered by markets. Writers on this subject such as Davies, Gough, Garrett, Peck, Mirowski and Shaxson are referred to where they address globalisation and audit culture, the logic of markets and economic evaluation. It was believed that the economic pressures generated by neo-liberal globalisation would inexorably lead to welfare state entrenchment or its dissolution and replacement by a lean ‘competition’ state. Yet the global rediscovery of poverty and the challenges to territorially-based conceptions of social rights posed by the increasing flow of migrants have put social policy issues on the social agenda.