Аннотация:This article explores the political discourse of social exclusion and its potential impact on social policy. The analysis suggests that in France, Britain, and the European Union at large, the growing political focus on social exclusion has helped to shift policy attention away from other forms of inequality, including income inequality. This logic and the reforms enacted in the name of social inclusion are compatible with moderate forms of economic liberalism distinct from Thatcherite neoliberalism. Theoretically, the article draws on the social science literature on the role of ideas to stress the possible consequences of the social exclusion discourse.