Rethinking Financial Behaviour
Rationality and Resistance in the Financialization of Everyday Life
1st Edition
Published on 6. November 2024
232 pages
978-1-5292-3227-1 (ISBN)
Description
Pension policy in the UK and US is designed on the assumption that people make informed financial decisions, consistently invest in pensions and manage diverse portfolios. Deviating from this is often deemed irresponsible and irrational. However, this assumption overlooks uncontrollable factors like caring duties, employment breaks or income limitations. Even when individuals act as expected, unpredictable market shifts can hinder long-term planning.
This book redefines deviations to "rational behaviour" as logical responses to a dysfunctional system. Challenging existing theoretical discussions and policy approaches, it proposes a fresh perspective on rationality when it comes to financial practices and policy.
This book redefines deviations to "rational behaviour" as logical responses to a dysfunctional system. Challenging existing theoretical discussions and policy approaches, it proposes a fresh perspective on rationality when it comes to financial practices and policy.
Reviews / Votes
"Thinking beyond the 'rational' investor or 'irresponsible' financial behaviour, Agunsoye's interdisciplinary approach to financialisation and everyday lives offers fresh insights into how households make sense of their savings and investment decisions. By highlighting the constraints and contradictions intrinsic to the current asset-based welfare system, this book also challenges us to consider what kind of policy approaches would be required to address financial inequalities, particularly due to gender and ethnicity." Karen P.Y. Lai, Durham UniversityMore details
Series
Edition
First Edition
Language
English
Place of publication
Bristol
United Kingdom
Target group
Professional and scholarly
Product notice
Reflowable
Illustrations
6 s/w Abbildungen, 11 s/w Tabellen
11 Tables, black and white; 6 Illustrations, black and white
File size
0,89 MB
ISBN-13
978-1-5292-3227-1 (9781529232271)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
Ariane Agunsoye
Rethinking Financial Behaviour
Rationality and Resistance in the Financialization of Everyday Life
Book
05/2026
1st Edition
Bristol University Press
€35.00
Shipment within 3-4 weeks
Ariane Agunsoye
Rethinking Financial Behaviour
Rationality and Resistance in the Financialization of Everyday Life
Book
11/2024
1st Edition
Bristol University Press
€105.50
Shipment within 3-4 weeks
Person
Ariane Agunsoye is Senior Lecturer in Economics at Goldsmiths, University of London.
Content
Part 1: Everyday Financial Subjects
1. Introduction
2. Willing and Unwilling Subjects of Everyday Financialization
Part 2: Construction of the Everyday Asset Manager
3. Normalizing Asset Accumulation
4. Becoming an Everyday Asset Manager
Part 3: Being an Everyday Asset Manager
5. The Conduct of the Everyday Asset Manager
6. The Disciplining Effect of Asset Norms
Part 4: Variegated Financial Subjectivities in the UK
7. Coping with Constraints
8. Managing Contradictions and Constraints
9. Conclusion
Appendix A: Income Thresholds and Interviewee Profiles
Appendix B: Analysis and Approach to Data
1. Introduction
2. Willing and Unwilling Subjects of Everyday Financialization
Part 2: Construction of the Everyday Asset Manager
3. Normalizing Asset Accumulation
4. Becoming an Everyday Asset Manager
Part 3: Being an Everyday Asset Manager
5. The Conduct of the Everyday Asset Manager
6. The Disciplining Effect of Asset Norms
Part 4: Variegated Financial Subjectivities in the UK
7. Coping with Constraints
8. Managing Contradictions and Constraints
9. Conclusion
Appendix A: Income Thresholds and Interviewee Profiles
Appendix B: Analysis and Approach to Data
