This document appears to be notes from a conference presentation on localism, governance, and urban policy. Some key points: - It discusses the "exquisite paradox" of localism and questions how local autonomy can be balanced with centralized control. - References Bourdieu's concept of "two hands" to examine the tensions between the regulatory/controlling "right hand" of the state and the policy/funding "left hand" in urban governance. - Addresses how austerity localism represents a further devolution and "exit strategy" for the state, shifting responsibility down while maintaining top-down control over local activities.