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    Chapter 14 The Financialization of Everyday Life

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    Author(s)
    Pellandini-Simányi, Léna
    Language
    English
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    Abstract
    The term “financialization of everyday life” has become a buzzword in recent years. As it is often the case with buzzwords, the financialization of everyday life literature is informed by a variety of conceptual uses, theoretical traditions, and critical angles. This chapter provides an overview of this dynamic field. The first part looks at different definitions of the financialization of everyday life, contrasting three main uses of the term. The second part focuses on the commonalities across different stands of the financialization of everyday life literature and explains their shared starting point: the socio-economic processes associated with neoliberalism that are seen to have given rise to everyday financialization. The third part, in turn, discusses the differences between the main theoretical traditions as part of which the financialization of everyday life has been studied: (1) Foucauldian governmentality approaches that undoubtedly had the biggest impact on the field, (2) (cultural) economic sociology in a Weberian and Zelizerian tradition, (3) social studies of finance, and (4) the sociological study of inequality. The fourth part examines the critical angles used by each tradition, and the chapter concludes by considering the ways in which the field enables constructive criticism of contemporary finance.
    Book
    The Routledge Handbook of Critical Finance Studies
    URI
    https://library.oapen.org/handle/20.500.12657/41635
    Keywords
    finance; economics; sociology; financial crisis
    ISBN
    9781138079816, 9780367539184
    Publisher
    Taylor & Francis
    Publisher website
    https://taylorandfrancis.com/
    Publication date and place
    2020
    Grantor
    • Schweizerischer Nationalfonds zur Förderung der Wissenschaftlichen Forschung
    Imprint
    Routledge
    Classification
    Financial accounting
    Corporate finance
    Business and Management
    Economics
    Finance and the finance industry
    Pages
    23
    Rights
    https://creativecommons.org/licenses/by-nc-nd/4.0/
    • Imported or submitted locally

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    License

    • If not noted otherwise all contents are available under Attribution 4.0 International (CC BY 4.0)

    Credits

    • logo EU
    • This project received funding from the European Union's Horizon 2020 research and innovation programme under grant agreement No 683680, 810640, 871069 and 964352.

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