Tag Archives for financialisation

What is the financialisation of food and why should we care?

This blog discusses Professor Jennifer Clapp’s recent visit to Sheffield where she presented work from her latest book project and current research on the financialisation of food In October this year, the University of Sheffield was privileged to host the world-leading food and International Relations scholar Professor Jennifer Clapp, Canada Research Chair in Global Food Security and Sustainability and Professor … Continue reading

7 November 2018 by
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Intangible concerns: Goodwill and the risk of pro-cyclicality in corporate America

Much has been written about the growth of debt since the Great Financial Crisis. But whilst leverage is a worry, much less has been written about the problem of asset quality As someone writing about derivatives as the last crisis hit in 2007 (or 2008 depending on your markers), I always try to keep track of those markets which have … Continue reading

20 June 2018 by
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Out of time: The fragile temporality of Carillion’s accumulation model

Carillion is the epitome of the modern financialized firm and its liquidation tells us much about risk in this phase of financialization Look anywhere on Carillion’s website and we see metaphors for its supposed tangibility and strength, from the way it advertises its Tarmac Group heritage to its list of construction achievements which in fact precede its inception. The website … Continue reading

17 January 2018 by
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Has the salience of ‘saving’ in British political discourse declined?

The practice of saving has been complexified, but the concept has until recently retained discursive significance as part of an ‘asset-based welfare’ agenda. The 2017 election may, however, have signalled a significant shift in British economic statecraft The value of saving has been preached by the leaders of both main political parties in the UK for a considerable period of … Continue reading

9 August 2017 by
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Mortgage debt and wages: A comparison of Britain and Denmark

James Wood

Different approaches to mortgage debt may impact wages, how homeowners engage with employers and welfare services, and economic growth One of the primary motivations for homeownership in advanced economies is securing the home as a financial asset. Whilst this is widely recognised, the impact of mortgage debt on aggregate wages is not. This post looks at how taking on mortgage … Continue reading

14 June 2016 by
Categories: British growth crisis, Debt, Economics, SPERI Comment | Tags: , , , | Leave a comment

Citizenship in a financialised society

Craig Berry

The Conservative government’s promotion of financialisation is transforming citizenship in the UK While the New Labour-ish language of ‘financial inclusion’ and ‘asset-based welfare’ has been quietly eschewed, since 2010 the Conservative Party has continued its predecessor’s agenda around promoting more extensive and intensive participation in the financial system, through asset ownership, in order to enable individuals to play an enhanced … Continue reading

28 August 2015 by
Categories: British growth crisis, Economics, Finance, Housing, SPERI Comment | Tags: , , , , , , , , , | Leave a comment

Labour and the politics of budget responsibility

Craig Berry

The stakes are high as Labour seeks approval from the Office for Budget Responsibility Labour’s Shadow Chancellor, Ed Balls, has requested that the Office for Budget Responsibility (OBR) assesses Labour’s plans for government. His intention is to show that the spending commitments Labour makes in the run-up to the general election are matched by cuts elsewhere, or extra revenue, having … Continue reading

15 October 2013 by
Categories: Craig Berry, Finance, SPERI Comment | Tags: , , , , , , , , , , , | 2 comments