Rethinking Financial Behaviour

Rationality and Resistance in the Financialization of Everyday Life

Ariane Agunsoye (Autor)

Buch | Hardcover

232 Seiten

2024
Bristol University Press (Verlag)
978-1-5292-3225-7 (ISBN)

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UK and US pension policy expects consistently informed decision-making in finance. Deviating from this is often deemed "irrational", ignoring uncontrollable factors in individuals' lives. Challenging existing policy approaches, this book proposes a fresh perspective on rationality when it comes to financial policy and practices.

Pension policy in the UK and US is designed on the assumption that people make informed financial decisions, consistently invest in pensions and manage diverse portfolios. Deviating from this is often deemed irresponsible and irrational. However, this assumption overlooks uncontrollable factors like caring duties, employment breaks or income limitations. Even when individuals act as expected, unpredictable market shifts can hinder long-term planning.

This book redefines deviations to “rational behaviour” as logical responses to a dysfunctional system. Challenging existing theoretical discussions and policy approaches, it proposes a fresh perspective on rationality when it comes to financial practices and policy.

Ariane Agunsoye is Senior Lecturer in Economics at Goldsmiths, University of London.

Part 1: Everyday Financial Subjects

1. Introduction

2. Willing and Unwilling Subjects of Everyday Financialization

Part 2: Construction of the Everyday Asset Manager

3. Normalizing Asset Accumulation

4. Becoming an Everyday Asset Manager

Part 3: Being an Everyday Asset Manager

5. The Conduct of the Everyday Asset Manager

6. The Disciplining Effect of Asset Norms

Part 4: Variegated Financial Subjectivities in the UK

7. Coping with Constraints

8. Managing Contradictions and Constraints

9. Conclusion

Appendix A: Income Thresholds and Interviewee Profiles

Appendix B: Analysis and Approach to Data

Erscheinungsdatum	05.11.2024
Reihe/Serie	Rethinking Work, Ageing and Retirement
Zusatzinfo	11 Tables, black and white; 6 Illustrations, black and white
Sprache	englisch
Maße	156 x 234 mm
Themenwelt	Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Geld / Bank / Börse
	Sachbuch/Ratgeber ► Gesundheit / Leben / Psychologie
	Sozialwissenschaften ► Pädagogik ► Sozialpädagogik
	Sozialwissenschaften ► Soziologie
	Wirtschaft ► Volkswirtschaftslehre
ISBN-10	1-5292-3225-2 / 1529232252
ISBN-13	978-1-5292-3225-7 / 9781529232257
Zustand	Neuware