Financialization

Chris Hann is a Founding Director of the Max Planck Institute for Social Anthropology in Halle/Saale, and a Fellow of Corpus Christi College, Cambridge. His most recent book is Repatriating Polányi. Market Society in the Visegrád States (Central European University Press, 2019).

“An excellent collection of essays overall, this edited volume demonstrates the various ways financialisation takes shape and how lives are entangled with it. I highly recommend this book as it yields new insights into processes of financialisation and advances the scholarly literature.” • Anthropological Notebooks“In the volume’s diverse discussions of distinct yet interconnected aspects, such as state policies and debt advisors, infrastructures and familial relations, Financialization will certainly become a standard reference on the subject. It should inspire further research, not only in directions laid out by the introduction and in the afterword, such as the longue-durée and the multiscale character of the current moment, or the capture of social forms by finance capital, but also stimulate further reflections concerning how anthropologists and other social scientists… come to know what they do about cap italism.” • Anthropos“[This volume] shows how financialization and its social consequences can take rather different forms in different places… a solid foundation for a consideration of the basic nature of financialization and its effects.” • James G. Carrier, Indiana University Bloomington“This is a very strong collection… the attempt to provide an anthropological understanding of contemporary financialization that goes beyond merely describing how variable it is, is highly welcome.” • Keir Martin, University of Oslo

• List of Illustrations, Figures and TablesPrefaceChris HannIntroduction: Transitions to What? On the Social Relations of Financialization in Anthropology and HistoryDon KalbChapter 1. Financialization, Plutocracy and the Debtor’s Economy: Consequences and LimitsRichard H. RobbinsChapter 2. Accumulation by Saturation: Infrastructures of Financial Inclusion, Cash Transfers, and Financial Flows in IndiaSohini KarChapter 3. Green Infrastructure as Financialized Utopia: Carbon Offset Forests in ChinaCharlotte BruckermannChapter 4. Altering the Trajectory of Finance: Meaning-Making and Control in Malaysian Islamic Investment BanksAaron Z. PitluckChapter 5. Financialization and Reproduction in Baku, AzerbaijanTristam BarrettChapter 6. Financialization and the Norwegian State: Constraints, Contestations, and Custodial Finance in the World’s Largest Sovereign Wealth FundKnut Christian MyhreChapter 7. Capital’s Fidelity: Financialization in the German Social Market EconomyHadas WeissChapter 8. Redistribution and Indebtedness: A Tale of Two SettingsDeborah JamesThis chapter is made available open access under a CC BY-NC-ND 4.0 license, thanks to the support of the Economic and Social Research Council of the UK (ESRC Grant ES/M003825/1 ‘An ethnography of advice: between market, society and the declining welfare state’), the Leverhulme Trust (ECF-2016-518), and the LSE Anthropology’s RIIF fund.Chapter 9. Retail Finance and the Moral Dimension of Class: Debt Advice on an English Housing EstateRyan DaveyChapter 10. Making Debt Work: Devising and Debating Debt Collection in CroatiaMarek MikušThis chapter is available open access under a CC BY-NC-ND 4.0 license thanks to support of the German Research Foundation (DFG) as part of the grant for the Emmy Noether Group project “Peripheral Debt: Money, Risk and Politics in Eastern Europe” (project no. 409293970). Not for resale.Chapter 11. Financialized Kinship and Challenges for the Greek OikosDimitra KoftiChapter 12. Financialized Landscapes and Transport Infrastructure: The Case of Ciudad ValdeluzNatalia BuierChapter 13. Housing Financialization in Majorcan Holiday RentalsMarc MorellAfterword: Financialization Beyond CrisisGavin SmithIndex