The Feminisation of Finance

Abstract

This article focuses on recent reconfigurations of the home as a space of financial calculation and speculation that requires new kinds of domestic labour. It considers the 2008 financial crisis, but redirects the analysis towards the ordinary and normalised presence of financial capitalism at the level of domesticity, home-life and the everyday ‘calculative agencies’ which households are now regularly called on to perform. It also examines the constitution of ‘women’ as a target group for personal financial products and services, and addresses the various strategies that promote financial inclusion as a means to secure individual responsibility, autonomy and entrepreneurial consumer participation in a financialised ownership society. The article argues that this feminisation of finance suggests a considerable challenge to received understandings of the relationships between gender and economy, production and reproduction, and life and labour.     

Understanding Cooperative Behavior in Labor Management Cooperation: A Theory-Building Exercise

This article proposes a theory of how mandated institutional cooperation transforms into individual cooperative behavior. Using qualitative strategies, we draw insights about cooperation in three public-sector efforts of labor-management cooperation (LMC). We report an association between critical shifts in the roles of stakeholders and the change from adversarial to cooperative labor relations. While managers became team players along with their employees, labor representatives assumed managerial responsibilities. These changes were also associated with a service-oriented perspective, better understanding of the other's experiences, and a view of cooperation as partnership. At the heart of these transformations, we found critical changes in communication patterns associated with incrementally growing levels of trust. We propose a model that depicts the links between collective and individual levels of organizational action related to LMC. We conclude that the positive shifts in mental models regarding work and the value of cooperation justify the promotion of LMC efforts.     

Money after Blockchain: Gold,Decentralised Politics and the New Libertarianism

ABSTRACT

Blockchain technologies are central to what has been described as a new ‘smart social contract’. With blockchain, individual cryptographic identity becomes the basis for new forms of money and for a whole suite of restructured social, political and financial transactions. But what do these developments signal for feminist engagements with the money economy? The transparency and pseudonymity that the blockchain provides has been welcomed as a ‘feminist weapon’. But the decentralised technology also legitimises many longstanding assumptions of libertarianism, especially competitive individualism, naturalised social inequality and the stability of value associated with the gold standard. Drawing on popular culture texts, Goldfinger and The Mandibles, this article considers this history, examining the gendered, racialised and sexualised discursive practices that attend representations of gold along with the ‘metallism’ surrounding blockchain-based cryptocurrencies in the contemporary conjuncture. By claiming to represent non-negotiable certainty derived from technology/nature rather than social convention, the fantasy of fundamental value returns, together with related associations of essentialism and authenticity, but anchored in this new context in the technocratic authoritarianism of FinTech. This is part of the background for the ‘new libertarianism’ whose ascendency now overshadows the neoliberalism that has been the focus of critical attention for some decades.