Foucault and Post-Financial Crises

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.

Applies Foucauldian sociological thought to the twenty-first century's economic crises and subsequent policy reform Contributes to a growing body of literature which views recent economic and political events through a Foucauldian lens Examines the retreat of the state from the financial sphere

Autorentext

John G. Glenn is Senior Lecturer of International Relations and International Political Economy at the University of Southampton, UK.

Inhalt

1. Introduction.- 2. Governmentality, Bio-Politics and Discipline.- 3. The Rise of Neo-Liberal Governmentality.- 4. Neo-Liberalism Rebooted: Resilience versus resistance.- 5. Securing Finance: Risk, Pre-emption and Resilience.- 6. Disciplining the Sovereign Periphery of Europe.- 7. Conclusion: Resisting Neo-Liberalism.