Mulcahy, Niamh,

Class and inequality in the time of finance : subject to terms and conditions / Niamh Mulcahy. - New York : Routledge, 2021. - 1 online resource. - Routledge advances in sociology .

"This book explores the effects of the gradual liberalisation of capital markets and the expansion of consumer credit on poorer households in the UK, 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"--

9780367531010 0367531011 9781000427837 1000427838 9781000427813 1000427811 9781003080428 1003080421


Low-income consumers--Great Britain.
Loans, Personal--Great Britain.
Financial institutions--Law and legislation--Great Britain.
Social stratification--Great Britain.
SOCIAL SCIENCE / Sociology / General

339.4/60941