Financialization of Daily Life
By (author) Randy Martin
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Financialization of Daily Life by Randy Martin
Book DescriptionWhile trillions of dollars came and went in the stock market boom of the 1990s, the image of "every man and woman a CEO" may turn out to be the era's lasting legacy. Business news, once reserved to specialized papers or sections of the larger news of the day, came to the forefront in cable television and in cultural images of how ordinary people, through the internet and other avenues could not only master their financial life, but move money and equity around with the ease of a financial titan. Financialization of Daily Life looks at how this transformation occurred, and how it is just now becoming a significant, and troubling, aspect of our political and cultural life. Randy Martin takes us through all of the aspects of our "financialization." He examines how the shift in economic life arose not only from changes in culture, but also from new policy priorities that emphasize controlling inflation over promoting growth. He offers a close reading of self-help literature that teaches parents how to rear financially literate children and to instruct adults in the fundamentals of fiscal management. He examines just what a society that treats financial investment as a national past time really looks like, and how that society is transforming the world. In a country rocked by scandals in accounting and banking, the identification ordinary citizens make with, and the risk with which they engage in, the stock market calls into question the very basis of our economic system. Randy Martin spells out in clear terms the implications our financial doings--and undoing--have for the way we organize our lives, and, especially, our money. Author note: Randy Martin is Professor of Art and Public Policy and Associate Dean of Faculty and Interdisciplinary Programs at New York University. He is the author and editor of seven books, including, most recently, On Your Marx: Rethinking Socialism and the Left.
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Book DetailsISBN: 9781566399883
(198mm x 157mm x 18mm)
Imprint: Temple University Press,U.S.
Publisher: Temple University Press,U.S.
Publish Date: 18-Oct-2002
Country of Publication: United States
Books By Author Randy Martin
They Just Don't Get it!, Paperback (June 2005)» View all books by Randy Martin
When 'they' don't get it, what do we do? Typically, we push harder, talk louder, and insist more intensely. We assume that their not getting it is a problem with them. In truth, when they don't get it, the problem lies with us. This book presents a business parable that explores this universal concept and provides five keys the reader can employ.
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Author Biography - Randy Martin
Randy Martin is Professor of Art and Public Policy and Associate Dean of Faculty and Interdisciplinary Programs at New York University. He is the author and editor of seven books, including, most recently, On Your Marx: Rethinking Socialism and the Left.
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