Households and Financialization in Europe: Mapping Variegated Patterns in Semi-Peripheries

ISBN-13: 9780367692377 / Angielski / Miękka / 2023 / 184 str.

Marek Mikus; Petra Rodik

Opis

Households and Financialization in Europe develops a processual, relational and critical transdisciplinary approach to household financialization in Europe, utilizing a range of national and local case studies. It does so by drawing on debates in Marxist, feminist and radical IPE, anthropology and other fields.

The book explores the household as simultaneously a micro-level social institution specializing in social reproduction, distribution and other activities; a building bloc of larger economic and social structures; and an object of multiple systems of power/knowledge. Putting this conceptualization to use in original research, the authors identify geographically and historically situated ways in which financialization transforms households and their relationships with the wider economy and society. The book traces these transformations in case studies of variegated financialization in Eastern and Southern European (semi-) peripheries where households have faced particularly severe financial issues since the global financial crisis, such as over-indebtedness and asset devaluation. Key themes recurring throughout the book include: the key role of housing in household financialization, the co-constitutive relationship between financialization and social and spatial inequalities, specific patterns in the relations of financial actors and households in semi-peripheries, and the implications of semi-peripheral forms of real and financial accumulation for household financialization.

With its transdisciplinary approach, this book will be of great interest to students and scholars of finance, financialization, household economics, international and global political economy, uneven development, economic anthropology, and economic sociology.

Spis treści

Introduction: Households and Peripheral Financialization in Eastern and Southern Europe  Section I: Collateralization of Social Ties  1. Within and Beyond the Household: Spanish Mortgage Debtors’ Tactics to Cope with Financialization in a Semi-periphery  2. "I would not be a loan guarantor even for my blood brother": Financialization of Inter-household Solidarity and the Privatization of Risk in Bosnia and Herzegovina  Section II: Spaces of Financialized Housing and Reproduction  3. Semi-peripheral Financialization and Informal Household Solutions: Embedded Scales of Uneven Development in Hungarian Urban Fringes  4. The Strange Non-death of the "Normal" Household: Ciudad Valdeluz and Homeownership Across the Economic Cycle  Section III: Financialized Households in Public Discourse and Culture  5. Household Credit in the Making and Breaking of Greek Households: Two Decades of Financialization  6. "For the sake of consumer protection": Blending Paternalism and Neoliberalism in the Discursive Financialization of Households in the Czech Republic  Afterword