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Financializing space

Record type: Conference or Workshop Item (Paper)

Financialization, it is argued, has agency at a number of scales, ranging from higher levels of instability within the economy as a whole, through pressure exerted on corporations by capital markets, to the equity effects of the financial system on individuals and households. The paper develops a sympathetic critique of the concept, arguing that the purchase of financialization on the nature of change within contemporary society has been relatively underplayed when compared to similar concepts such as neoliberalization. While the concept of financialization has the potential to unite researchers across cognate social science fields and so build badly needed critical mass and bring recognition to the social significance of money and finance, we argue that to date research has been insufficiently attentive to the role of space and place, both in terms of its processes and its effects. Research on financialization also tends to be characterized by an overly pessimistic view of the nature and future of financial markets. The paper explores a number of possibly fruitful directions for work on financialization to pursue, focusing in particular on the concepts of the financial ecology and financial citizenship.

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Citation

Wainwright, Thomas (2008) Financializing space At 53rd Association of American Geographers Conference, United States. 15 - 19 Apr 2008.

More information

e-pub ahead of print date: April 2008
Published date: April 2008
Venue - Dates: 53rd Association of American Geographers Conference, United States, 2008-04-15 - 2008-04-19
Organisations: Strategy, Innovation & Entrepreneurship

Identifiers

Local EPrints ID: 340880
URI: http://eprints.soton.ac.uk/id/eprint/340880
PURE UUID: 97e88004-044d-4aff-98eb-cf9356669c69

Catalogue record

Date deposited: 10 Jul 2012 15:16
Last modified: 18 Jul 2017 05:41

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Contributors

Author: Thomas Wainwright

University divisions


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