The Everyday Life Of Global Finance: Saving And Borrowing In Anglo-america
by Paul Langley /
2008 / English / PDF
1.7 MB Download
Grounded in literature from the sociology of finance and
international political economy, and informed by extensive
empirical research,
Grounded in literature from the sociology of finance and
international political economy, and informed by extensive
empirical research,The Everyday Life of Global Finance
The Everyday Life of Global Finance
explores the unprecedented relationships that now bind
Anglo-American society with the financial markets. As mutual funds
have increased in popularity and pension provision has been
transformed, many more individuals and households have come to
invest in stocks and shares. As consumer borrowing has risen
dramatically and mortgage finance has embraced those deemed
sub-prime, so the repayments of credit card holders and mortgagors
have provided the basis for the issue and trading of bonds and
other market instruments.
explores the unprecedented relationships that now bind
Anglo-American society with the financial markets. As mutual funds
have increased in popularity and pension provision has been
transformed, many more individuals and households have come to
invest in stocks and shares. As consumer borrowing has risen
dramatically and mortgage finance has embraced those deemed
sub-prime, so the repayments of credit card holders and mortgagors
have provided the basis for the issue and trading of bonds and
other market instruments.The Everyday Life of Global Finance
The Everyday Life of Global Finance is an ambitious and
innovative contribution to our understanding of the contemporary
financial world. It shows how financial market networks have come
to extend well beyond Wall Street and the City of London, becoming
embedded and embodied in routine saving and borrowing in the US and
UK. Society's new-found relationships with the markets are also
shown, however, to be marked by stark inequalities, manifest
contradictions, and political dissent.
is an ambitious and
innovative contribution to our understanding of the contemporary
financial world. It shows how financial market networks have come
to extend well beyond Wall Street and the City of London, becoming
embedded and embodied in routine saving and borrowing in the US and
UK. Society's new-found relationships with the markets are also
shown, however, to be marked by stark inequalities, manifest
contradictions, and political dissent.