Still the Country of the Future

Abstract

What went wrong? The main cause of this failure — or worse: this retrogression, in Lavinas’ view (2017) — is the creeping financialization of social policy, as reflected in the book’s title. By financialization she means “an array of empirical features and processes… of a new accumulation regime in which macroeconomics and economic policies are increasingly dominated by the rationale of financial capital” (LAVINAS, 2017, p. 07). The influence of financialization, she stresses, is not only felt in the market [...]