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Class and Inequality in the Time of Finance

Niamh Mulcahy
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      This book explores the effects of the gradual liberalisation of capital markets and the expansion of consumer credit on poorer households in the United Kingdom, with particular attention to the precariousness caused by a lack of savings and a reliance on debt. Asking what it means for poorer working individuals and households to be subject to the demands of finance, the author draws on Michel Foucault’s theory of subjectivation as well as Louis Althusser’s interest in class, actively theorising the constraints of low income or precarious work on financial planning, alongside the reorganisation or rollback of government benefits. A contribution to our understanding of the ways in which financial concerns deepen and expand economic inequality, Class and Inequality in the Time of Finance shows how finance stratifies individual subjects rather than simply individualising and separating them. As such, it will appeal to scholars of sociology with interests in neoliberalism, economic austerity, and consumer credit and debt.
      Format: CONTRIBUTORS: Niamh Mulcahy EAN: 9780367531010 COUNTRY: United Kingdom PAGES: WEIGHT: 0 g HEIGHT: 234 cm
      PUBLISHED BY: Taylor & Francis Ltd DATE PUBLISHED: 2023-05-31 CITY: GENRE: SOCIAL SCIENCE / Sociology / General WIDTH: 156 cm SPINE:

      Book Themes:

      Macroeconomics

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      Niamh Mulcahy is Alice Tong Sze Research Fellow at Lucy Cavendish College, and the Centre for Research in the Arts, Social Sciences, and Humanities at the University of Cambridge, UK.
      This book explores the effects of the gradual liberalisation of capital markets and the expansion of consumer credit on poorer households in the United Kingdom, with particular attention to the precariousness caused by a lack of savings and a reliance on debt. Asking what it means for poorer working individuals and households to be subject to the demands of finance, the author draws on Michel Foucault’s theory of subjectivation as well as Louis Althusser’s interest in class, actively theorising the constraints of low income or precarious work on financial planning, alongside the reorganisation or rollback of government benefits. A contribution to our understanding of the ways in which financial concerns deepen and expand economic inequality, Class and Inequality in the Time of Finance shows how finance stratifies individual subjects rather than simply individualising and separating them. As such, it will appeal to scholars of sociology with interests in neoliberalism, economic austerity, and consumer credit and debt.
      Format: CONTRIBUTORS: Niamh Mulcahy EAN: 9780367531010 COUNTRY: United Kingdom PAGES: WEIGHT: 0 g HEIGHT: 234 cm
      PUBLISHED BY: Taylor & Francis Ltd DATE PUBLISHED: 2023-05-31 CITY: GENRE: SOCIAL SCIENCE / Sociology / General WIDTH: 156 cm SPINE:

      Book Themes:

      Macroeconomics

      Customer Reviews

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      Niamh Mulcahy is Alice Tong Sze Research Fellow at Lucy Cavendish College, and the Centre for Research in the Arts, Social Sciences, and Humanities at the University of Cambridge, UK.

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