In their paper Maman and Rosenhek made an insightful contribution in shedding light on how the state agencies, institutional actors and mechanisms concoct the neoliberal morality and conduct the moralization of the economic field within particular macro-institutional context. This important research direction should be amplified more in our field. One thing is certain: in (neoliberal) capitalism moral sentiments play a key role in the extraction of economic value.
Maman, Daniel and Zeev Rosenhek. 2019. “Responsibility, Planning and Risk Management: Moralizing Everyday Finance through Financial Education.” The British Journal of Sociology https://doi.org/10.1111/1468-4446.12698Economic Sociology and Political Economy
The Making of Homo Financius and Neoliberal Morality
Oleg Komlik | founder and editor-in-chief of the ES/PE, Chairman of the Junior Sociologists Network at the International Sociological Association, a PhD Candidate in Economic Sociology in the Department of Sociology and Anthropology at Ben-Gurion University, and a Lecturer in the School of Behavioral Sciences at the College of Management Academic Studies
Since we already live in the wonderful world of MMT and fiat money, why the misrepresentation that the risks involved or that "financialization" are the result of "capitalism"? I note the words "fiat" and "Keynes" do not appear. A typical bunch of statist garbage.
ReplyDelete