The Takeover Of Social Policy By Financialization Download Ebook PDF Epub Online

Author : Lena Lavinas
Publisher : Springer
Release : 2017-03-25
Page : 219
Category : Business & Economics
ISBN 13 : 1137491078
Description :


This book critically addresses the model of social inclusion that prevailed in Brazil under the rule of the Workers Party from the early 2000s until 2015. It examines how the emergence of a mass consumer society proved insufficient, not only to overcome underdevelopment, but also to consolidate the comprehensive social protection system inherited from Brazil’s 1988 Constitution. By juxtaposing different theoretical frameworks, this book scrutinizes how the current finance-dominated capitalism has reshaped the role of social policy, away from rights-based decommodified benefits and towards further commodification. This constitutes the Brazilian paradox: how a center-left government has promoted and boosted financialization through a market incorporation strategy using credit as a lever for expanding financial inclusion. In so doing, it has pushed the subjection of social policy further into the logic of financial markets.


Author : Philip Mader
Daniel Mertens
Publisher : Routledge
Release : 2020-01-29
Page : 508
Category : Business & Economics
ISBN 13 : 1351390368
Description :


Financialization has become the go-to term for scholars grappling with the growth of finance. This Handbook offers the first comprehensive survey of the scholarship on financialization, connecting finance with changes in politics, technology, culture, society and the economy. It takes stock of the diverse avenues of research that comprise financialization studies and the contributions they have made to understanding the changes in contemporary societies driven by the rise of finance. The chapters chart the field’s evolution from research describing and critiquing the manifestations of financialization towards scholarship that pinpoints the driving forces, mechanisms and boundaries of financialization. Written for researchers and students not only in economics but from across the social sciences and the humanities, this book offers a decidedly global and pluri-disciplinary view on financialization for those who are looking to understand the changing face of finance and its consequences.


Author : Rana Foroohar
Publisher : Currency
Release : 2017
Page : 400
Category : Business enterprises
ISBN 13 : 0553447254
Description :


"Award-winning business journalist Rana Foroohar shows how the shortsighted and misguided financial practices that nearly toppled the global economy in 2008 have come to infiltrate all corners of American business--putting us on a dangerous collision course to another economic meltdown that will make 2008 look like a mere blip in the business cycle"--


Author : Grace Blakeley
Publisher : Watkins Media Limited
Release : 2019-09-10
Page : 300
Category : Political Science
ISBN 13 : 1912248409
Description :


A must-read polemic about why the 'recovery' from the 2007-08 crash mostly benefited the 1%, and how democratic socialism can save us from a new crash and climate catastrophe. For decades, it has been easier to imagine the end of the world than the end of capitalism. In the decade leading up to the 2008 financial crisis, booming banks, rising house prices and cheap consumer goods propped up living standards in the rich world. Thirty years of rocketing debt and financial wizardry had masked the deep underlying fragility of finance-led growth, and in 2008 we were forced to pay up. The decade since has witnessed all kinds of morbid symptoms, as all around the rich world, wages and productivity are stagnant, inequality is rising, and ecological systems are collapsing. Stolen is a history of finance-led growth and a guide as to how we might escape it. We've sat back as financial capitalism has stolen our economies, our environment and even the future itself. Now, we have an opportunity to change course. What happens next is up to us.


Author : Philipp Golka
Publisher : Springer
Release : 2019-01-08
Page : 265
Category : Social Science
ISBN 13 : 3030061000
Description :


Providing an in-depth case study on the emergence of social impact investing in the UK, this book develops a new perspective on financialization processes that highlights the roles of non-financial actors. In contrast to the common view that impact investing gears finance toward the solution of social problems, the author analyzes how these investments create new problems and inequalities. To explain how social impact investing became popular in British social policy despite its unclear effectiveness, the author focuses on cooperative relations between institutional entrepreneurs from finance and various non-financial actors. Drawing on field theory, he shows how seemingly unrelated social transformations – such as HM Treasury's expanding role in public service reform – may act as resonance spaces for the spread of finance. Opening up a new perspective on financialization processes in the terrain of public policy, this book invites readers to refocus scholarship on capitalist dynamics to the meso-level. Based on this analysis, the author also proposes ways to transform social impact investing to increase its potential for reducing global inequalities.


Author : Lutz Leisering
Publisher : Springer Nature
Release : 2020-12-14
Page : 437
Category : Political Science
ISBN 13 : 3030549593
Description :


While the rise of social protection in the global North has been widely researched, we know little about the history of social protection in the global South. This volume investigates the experiences of four middle-income countries - Brazil, India, China and South Africa - from 1920 to 2020, analysing if, when, and how these countries articulated a concern about social issues and social cohesion. As the first in-depth study of the ideational foundations of social protection policies and programmes in these four countries, the contributions demonstrate that the social question was articulated in an increasingly inclusive way. The contributions identify the ideas, beliefs, and visions that underpinned the movement towards inclusion and social peace as well as counteracting doctrines. Drawing on perspectives from the sociology of knowledge, grounded theory, historiography, discourse analysis, and process tracing, the volume will be of interest to scholars across political science, sociology, political economy, history, area studies, and global studies, as well as development experts and policymakers.


Author : Peter A. Hall
Publisher : Oxford University Press
Release : 2001
Page : 540
Category : Business & Economics
ISBN 13 : 0199247749
Description :


What are the most fundamental differences among the political economies of the developed world? How do national institutional differences condition economic performance, public policy, and social well-being? Will they survive the pressures for convergence generated by globalization and technological change? These have long been central questions in comparative political economy. This book provides a new and coherent set of answers to them. Building on the new economics of organization, the authors develop an important new theory about which differences among national political economies are most significant for economic policy and performance. Drawing on a distinction between 'liberal' and 'coordinated' market economies, they argue that there is more than one path to economic success. Nations need not converge to a single Anglo-American model. They develop a new theory of 'comparative institutionaladvantage' that transforms our understanding of international trade, offersnew explanations for the response of firms and nations to the challenges of globalization, and provides a new theory of national interest to explain the conduct of nations in international relations. The analysis brings the firm back into the centre of comparative political economy. It provides new perspectives on economic and social policy-making that illuminate the role of business in the development of the welfare state and the dilemmas facing those who make economic policy in the contemporary world. Emphasizing the 'institutional complementarities' that link labour relations, corporate finance, and national legal systems, the authors bring interdisciplinary perspectives to bear on issues of strategic management, economic performance, and institutional change. This pathbreaking work sets new agendas in the study of comparative political economy. As such, it will be of value to academics and graduate students in economics, business, and political science, as well as tomany others with interests in international relations, social policy-making, and the law.


Author : Kimberly Chong
Publisher : Duke University Press
Release : 2018-11-16
Page : 264
Category : Social Science
ISBN 13 : 1478002379
Description :


In Best Practice Kimberly Chong provides an ethnography of a global management consultancy that has been hired by Chinese companies, including Chinese state-owned enterprises. She shows how consulting emerges as a crucial site for considering how corporate organization, employee performance, business ethics, and labor have been transformed under financialization. To date financialization has been examined using top-down approaches that portray the rise of finance as a new logic of economic accumulation. Best Practice, by contrast, focuses on the everyday practices and narratives through which companies become financialized. Effective management consultants, Chong finds, incorporate local workplace norms and assert their expertise in the particular terms of China's national project of modernization, while at the same time framing their work in terms of global “best practices.” Providing insight into how global management consultancies refashion Chinese state-owned enterprises in preparation for stock market flotation, Chong demonstrates both the dynamic, fragmented character of financialization and the ways in which Chinese state capitalism enables this process.


Author : Lutz Leisering
Publisher : Oxford University Press
Release : 2018-11-30
Page : 416
Category : Social Science
ISBN 13 : 0191069272
Description :


The Universal Declaration of Human Rights (1948) proclaimed the equality of all human beings in dignity and rights. The right to social security, however, has been taken more seriously only since the 2000s, through calls for 'Social Security for All' and 'Leaving no-one behind'. The book investigates a major response, social cash transfers to the poor. The idea of simply giving money to the poor had been rejected by all major development organizations, but since the early 2000s, social cash transfers have mushroomed in the global South and on agendas of international organizations. How come? What programmes have emerged in which countries? How inclusive are the programmes? What models have international organizations devised? Based on unique quantitative and qualitative data and on newly created concepts and indicators, the book takes stock of all identifiable cash transfers in all Southern countries and of the views of all major international organizations. The volume argues that cash transfers reflect broader changes: new understandings of development, of human rights, of global risks, of the social responsibility of governments, and of universalism. Social cash transfers have turned the poor from objects of charity into rights-holders and agents of their own lives and of development. A repertoire of cash transfers has evolved that has enhanced social citizenship, but is limited by weak political commitments. The book also contributes to a general theory of social policy in development contexts, through a constructivist sociological approach that complements the dominant approaches from welfare economics and political economy and includes a theory of social assistance.


Author : Barbara Weinstein
Publisher : Univ of North Carolina Press
Release : 2000-11-09
Page : 456
Category : History
ISBN 13 : 0807866245
Description :


This book is the first major study of industrialists and social policy in Latin America. Barbara Weinstein examines the vast array of programs sponsored by a new generation of Brazilian industrialists who sought to impose on the nation their vision of a rational, hierarchical, and efficient society. She explores in detail two national agencies founded in the 1940s (SENAI and SESI) that placed vocational training and social welfare programs directly in the hands of industrialist associations. Assessing the industrialists' motives, Weinstein also discusses how both men and women in Brazil's working class received the agencies' activities. Inspired by the concepts of scientific management, rational organization, and applied psychology, Sao Paulo's industrialists initiated wide-ranging programs to raise the standard of living, increase productivity, and at the same time secure lasting social peace. According to Weinstein, workers initially embraced many of their efforts but were nonetheless suspicious of employers' motives and questioned their commitment to progressivism. By the 1950s, industrial leaders' notion of the working class as morally defective and their insistence on stemming civil unrest at all costs increasingly diverged from populist politics and led to the industrialists' active support of the 1964 military coup.


Author : Xóchitl Bada
Liliana Rivera-Sánchez
Publisher : Oxford University Press
Release : 2021
Page : 904
Category : Latin America
ISBN 13 : 0190926554
Description :


The essays included in this volume provide both an assessment of key areas and current trends in sociology, specifically with regard to contemporary sociology in Latin America, as well as a collection of innovative empirical studies. The volume serves as an effective bridge of communication allowing sociological academies to mobilize and disseminate research dynamics from Latin America to the rest of the world.


Author : Ewald Engelen
Publisher : Oxford University Press
Release : 2011-09-29
Page : 281
Category : Business & Economics
ISBN 13 : 0199589089
Description :


Argues "that social scientists, governments and citizens need now to re-engage with the political dimensions of financial markets." - cover.


Author : Kate Bayliss
Publisher : Springer Nature
Release :
Page :
Category :
ISBN 13 : 3030541436
Description :



Author : Maria Elisa Balen
Martin Fotta
Publisher : Routledge
Release : 2018-11-02
Page : 212
Category : Business & Economics
ISBN 13 : 1351173146
Description :


It has been almost two decades since conditional cash transfer programs first appeared on the agendas of multilateral agencies and politicians. Latin America has often been used as a testing ground for these programs, which consist of transfers of money to subsections of the population upon meeting certain conditions, such as sending their children to school or having them vaccinated. Money from the Government in Latin America takes a comparative view of the effects of this regular transfer of money, which comes with obligations, on rural communities. Drawing on a variety of data, taken from different disciplinary perspectives, these chapters help to build an understanding of the place of conditional cash transfer programsin rural families and households, in individuals’ aspirations and visions, in communities’ relationships to urban areas, and in the overall character of these rural societies. With case studies from Chile, Mexico, Peru, Brazil and Colombia, this book will interest scholars and researchers of Latin American anthropology, sociology, development, economics and politics.


Author : Ciaran Driver
Grahame Thompson
Publisher : Oxford University Press
Release : 2018-06-21
Page : 336
Category : Business & Economics
ISBN 13 : 0198805276
Description :


Corporate governance is a complex idea that is often inappropriately simplified as a cookbook of recommended measures to improve financial performance. Meta studies of published research show that the supposed benign effects of these measures - independent directors or highly incentivised executives - are at best context-specific. There is thus a challenge to explain the meaning, purpose, and importance of corporate governance. This volume addresses these issues. The issues discussed centre on relationships within the firm e.g. between labour, managers, and investors, and relationships outside the firm that affect consumers or the environment. The essays in this collection are the considered selection by the editors and the contributors themselves of what are seen as some of the most weighty and urgent issues that connect the corporation and society at large in developed economies with established property rights. The essays are to be read in dialogue with each other, giving a richer understanding than could be obtained by shepherding all contributions into a single mould. Nevertheless taken together they demonstrate a shared sense of deep concern that the corporate governance agenda has been and still is on the wrong track. The contributors, individually and collectively, identify in this compendium both a research programme and a platform for change.


Author : Andrew Martin Fischer
Publisher : Zed Books Ltd.
Release : 2018-12-15
Page : 336
Category : Social Science
ISBN 13 : 1786990474
Description :


Winner of the International Studies in Poverty Prize awarded by the Comparative Research Programme on Poverty (CROP) and Zed Books Poverty has become the central focus of global development efforts, with a vast body of research and funding dedicated to its alleviation. And yet, the field of poverty studies remains deeply ideological and has been used to justify wealth and power within the prevailing world order. Andrew Martin Fischer clarifies this deeply political character, from conceptions and measures of poverty through to their application as policies. Poverty as Ideology shows how our dominant approaches to poverty studies have, in fact, served to reinforce the prevailing neoliberal ideology while neglecting the wider interests of social justice that are fundamental to creating more equitable societies. Instead, our development policies have created a ‘poverty industry’ that obscures the dynamic reproductions of poverty within contemporary capitalist development and promotes segregation in the name of science and charity. Fischer argues that an effective and lasting solution to global poverty requires us to reorient our efforts away from current fixations on productivity and towards more equitable distributions of wealth and resources. This provocative work offers a radical new approach to understanding poverty based on a comprehensive and accessible critique of key concepts and research methods. It upends much of the received wisdom to provide an invaluable resource for students, teachers and researchers across the social sciences.


Author : Nikos Smyrnaios
Publisher : Emerald Group Publishing
Release : 2018-09-10
Page : 192
Category : Computers
ISBN 13 : 1787691977
Description :


Drawing on a historical and political economy analysis, this book provides insight on how, under neoliberal hegemony, the internet was transformed from an emancipatory project for humanity to the final frontier of unrestrained capitalism.


Author : Milford Bateman
Stephanie Blankenburg
Publisher : Routledge
Release : 2018-09-03
Page : 290
Category : Business & Economics
ISBN 13 : 135185688X
Description :


In the mid-1980s the international development community helped launch what was to quickly become one of the most popular poverty reduction and local economic development policies of all time. Microcredit, the system of disbursing tiny micro-loans to the poor to help them to establish their own income-generating activities, was initially highly praised and some were even led to believe that it would end poverty as we know it. But in recent years the microcredit model has been subject to growing scrutiny and often intense criticism. The Rise and Fall of Global Microcredit shines a light on many of the fundamental problems surrounding microcredit, in particular, the short- and long-term impacts of dramatically rising levels of microdebt.? Developed in collaboration with UNCTAD, this book covers the general policy implications of adverse microcredit impacts, as well as gathering together country-specific case studies from around the world to illustrate the real dynamics, incentives and end results. Lively and provocative, The Rise and Fall of Global Microcredit is an accessible guide for students, academics, policymakers and development professionals alike.


Author : Costas Lapavitsas
Publisher : Verso Books
Release : 2014-01-14
Page : 352
Category : Political Science
ISBN 13 : 178168197X
Description :


Financialization is one of the most innovative concepts to emerge in the field of political economy during the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing puts forth a distinctive view defining financialization in terms of the fundamental conduct of non-financial enterprises, banks and households. Its most prominent feature is the rise of financial profit, in part extracted from households through financial expropriation. Financialized capitalism is also prone to crises, none greater than the gigantic turmoil that began in 2007. Using abundant empirical data, the book establishes the causes of the crisis and discusses the options broadly available for controlling finance.


Author : Brian Whitener
Publisher : University of Pittsburgh Press
Release : 2019-03-26
Page : 232
Category : History
ISBN 13 : 082298685X
Description :


Drawing on a mix of political, economic, literary, and filmic texts, Crisis Cultures challenges current cultural histories of the neoliberal period by arguing that financialization, and not just neoliberalism, has been at the center of the dramatic transformations in Latin American societies in the last thirty years. Starting from political economic figures such as crisis, hyperinflation, credit, and circulation and exemplary cultural texts, Whitener traces the interactions between culture, finance, surplus populations, and racialized state violence after 1982 in Mexico and Brazil. Crisis Cultures makes sense of the emergence of new forms of exploitation and terrifying police and militarized violence by tracking the cultural and discursive forms, including real abstraction and the favela and immaterial cadavers and voided collectivities, that have emerged in the complicated aftermath of the long downturn and global turn to finance.