For decades Europe has been experiencing neoliberal socio-economic and political restructuring that resulted in increasing marketization, the move from production to extraction, social dumping, deregulation, flexibilisation and erosion of living and working standards and rights on various local and global scales.  This became evident with the southern and eastern expansion of the EU, when newly joined states had to accept transitional measures with partial EU citizenship rights, have abolished large parts of labour protection, decreased public services and welfare systems and tried to erode the power of trade unions. This trend has further deepened with the current economic crisis. Today Europe is characterized by new forms of precarious employment that have increased social stratification, fuelled labour migration, changed community values and citizenship rights. As there is plenty of evidence of macro and micro effects of this socio-economic restructuring there is still little focus on how this has been achieved through the re-valuation of subjectivities in relation to the market. This panel aims to explore that by focusing on the re-valuation of citizenship in relation to changed and transnationalised production and consumption processes. The panel gathers new empirical work and different theorisations across disciplines with the aim of bringing together work focusing on the effects of marketization on societies within various European (trans)national contexts and often separated areas of research that have to do with industrial relations, labour migration, social dumping, the provision of social services and the (supra)state welfare systems.