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This title explains the causes of the financial crisis and the economic reforms that were created subsequently through a Foucauldian philosophical lens. The author sets out the approaches established by Foucault – namely governmentality, biopolitics and disciplinary mechanisms – explaining how these influenced the shift of production from a local to a global level, alongside a shift towards financialisation. Glenn applies Foucauldian principles to aid understanding of the self-corrective mechanisms applied to the financial system, and the interpellative processes that led to the emergence of a new mode of subjectification. Concurrently, this title examines the retreat of the state from the financial sphere. This shift, the author posits, did not mean the complete absence of governance; rather governance became more concerned with ensuring that financial behaviour was contained within certain limits.
Published by: Palgrave Macmillan
Publication Date: 2018-10-11
Format: Hardcover
ISBN-13: 9783319771878
DOI: 10.1007/978-3-319-77188-5
Dimensions: 210cm x148cm
Pages: 210