The new political economy of private security

Abstract

This article maps out a new research agenda for interpreting the trajectory and dynamics of domestic private security provision in advanced democratic countries: the ‘new political economy of private security’. It proceeds on the basis that the key challenge in this field is to construct an agenda which takes account of how both the economic context (shifts in supply and demand) and the political context (state-centric conceptions of legitimacy) of domestic security simultaneously serve to shape the conduct of contemporary private security providers. In attempting to meet this challenge, the article not only builds upon the important theoretical research already undertaken in the form of the nodal governance and anchored pluralism models, but also sheds new light on the nature of domestic private security today.