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Since the 1990s, young women in the West have been addressed as ‘Top Girls’, symbols of social progress and emblems of a new meritocracy. The 2008 financial crash and subsequent implementation of austerity measures have further called into question the realisation of such promise and potential as evidence suggests that the young and women have suffered disproportionately within the post-crash landscape in the UK and beyond. This paper draws on longitudinal data to interrogate the promises and failures of neoliberal and post-feminist articulations of aspiration and meritocracy as these are lived and negotiated by young women making transitions in the midst of the ‘crisis’. Attending to the biographical accounts of two participants occupying different class locations, I explore their transitions and perceptions of the uncertainties and risks characterising ‘austere times’. I demonstrate how, despite similarities in their experiences of a stunted graduate labour market, social class shaped how they responded to and made sense of the pressures and predicaments they encountered. [ABSTRACT FROM PUBLISHER]

This paper revisits the work on youth cultures and subcultures that emerged from Birmingham's Centre for Contemporary Cultural Studies (hereafter CCCS) during the 1970s. I engage with a number of recent critiques of the 'youth sub/cultures project', including Thornton's influential work on rave and club cultures and its troubled engagement with class. I argue that the focus of the youth sub/cultures project on mediated cultural practices through which young people constitute themselves and their (gendered, classed and racialised) positions remains of value, especially the emphasis on a 'symptomatic reading' that locates these processes in a 'conjunctural analysis'. I end by exploring the legacy of this project for understanding youth, class and culture in contemporary late modern society. [ABSTRACT FROM AUTHOR]