Scandalous Economics: Gender and the Politics of Financial Crises

Author:   Aida A. Hozić (Associate Professor of International Relations, Associate Professor of International Relations, University of Florida) ,  Jacqui True (Professor of Politics and International Relations, Professor of Politics and International Relations, Monash University)
Publisher:   Oxford University Press Inc
ISBN:  

9780190204235


Pages:   352
Publication Date:   21 April 2016
Format:   Hardback
Availability:   Manufactured on demand   Availability explained
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Scandalous Economics: Gender and the Politics of Financial Crises


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Overview

"Of all of the lies, fragile alliances, and predatory financial dealings that have been revealed in the wake of the Global Financial Crisis of 2008, we have yet to come to terms with the ways in which structural inequalities around gender and race factor into (and indeed make possible) the current economic order. Scandalous Economics is about ""silences"" - the astonishing neglect of gender and race in explanations of the Global Financial Crisis. But, it is also about ""noises"" - the sexual scandals and gendered austerity policies that have relegated public debate, and the crisis itself, into political oblivion. While feminist economists and movements such as Occupy Wall Street have pointed to the distributional inequalities that are an effect of financial deregulation, scholars haven't really grappled with the representational inequalities inherent in the way we view the politics of the market. For example, capitalism won't be made more equitable simply by appointing women to leadership positions within financial firms or corporations. And the next crisis will not be averted if our understandings of gendered inequalities are framed by sexual scandals in media and popular culture. We need to look at the activities and the privileges of the advantaged - the ""TED women"" of the crisis -- as much as the victimization of the disadvantaged - to fully grasp the interplay between gender and economy in this fragile age of restoration. Scandalous Economics breaks new ground by doing precisely this. It argues that normalization of the post-GFC economic order in the face of its obvious breakdown(s) has been facilitated by co-optation of feminist and queer perspectives into national and international responses to the crisis. Scandalous Economics builds upon the Occupy movement and other critical analysis of the GFC to comprehensively examine gendered material, ideational and representational dimensions that have served to make the crisis and its effects, 'the new normal' in Europe and America as well as Latin America and Asia."

Full Product Details

Author:   Aida A. Hozić (Associate Professor of International Relations, Associate Professor of International Relations, University of Florida) ,  Jacqui True (Professor of Politics and International Relations, Professor of Politics and International Relations, Monash University)
Publisher:   Oxford University Press Inc
Imprint:   Oxford University Press Inc
Dimensions:   Width: 24.40cm , Height: 2.90cm , Length: 16.20cm
Weight:   0.640kg
ISBN:  

9780190204235


ISBN 10:   0190204230
Pages:   352
Publication Date:   21 April 2016
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

"Acknowledgments About the Contributors I. Scandalous Gendering Chapter 1: Making Feminist Sense of the Global Financial Crisis Aida Hozic and Jacqui True Chapter 2: Lehman Brothers and Sisters: Revisiting Gender and After the Financial Crisis Elisabeth Prugl Chapter 3: The Global Financial Crisis' Silver Bullet: Women Leaders and Leaning-In Jacqui True Chapter 4: Finance, Financialization and the Production of Gender Adrienne Roberts II. Scandalous Obfuscations Chapter 5: Broken Britain: Post-Crisis Austerity and the Trouble with the Troubled Families Program Daniela Tepe-Belfrage and Johnna Montgomerie Chapter 6: Constitutionalizing Austerity, Disciplining the Household - Masculine Norms of Competitiveness and the Crisis of Social Reproduction in the Eurozone Ian Bruff and Stefanie Wohl Chapter 7: Whose Crisis? Whose Recovery? Lessons Learnt (and Not) from the Asian Crisis Juanita Elias Chapter 8: ""To double oppression, double rebellion"": Women, Capital and Crisis in 'Post-neoliberal' Latin America Guillermina Seri III. Scandalous Sex Chapter 9: Exploits and Exploitations: A Micro and Macro Analysis of the 'DSK Affair' Celeste Montoya Chapter 10: We, Neoliberals Aida Hozic Chapter 11: Gender, Finance and Embodiments of Crisis Penny Griffin IV. Scandalizing Reimaginings Chapter 12: Global Raciality of Capitalism and 'Primitive' Accumulation: (Un) Making the Death Limit Anna Agathangelou Chapter 13: Towards a Queer Political Economy of Crisis Nicola Smith Chapter 14: Self-Reproducing Movements and the Enduring Challenge of Materialist Feminism Wanda Vrasti Afterword: Gendering the Crisis Marieke De Goede References Index"

Reviews

Over the past decade, the global financial crisis has been forgotten. Crucial questions regarding subjects, bodies, and practices have been displaced by bloodless macroeconomic and theoretical abstractions, while critical voices and ethical concerns have been co-opted and reduced to matters of technique. This book shows over a series of path-breaking chapters how this great repression happened, demonstrating the need for gendered and feminist analyses which counter analytic amnesia and highlight the everyday realities of embodied practices and subjects. * Wesley Widmaier, Griffith University, Australia * Reading this book eight years after the financial crash is sobering. True and Hozic's thoughtful authors are raising bright yellow warning banners that read: Do not imagine that the sorts of masculinized presumptions and structures that fueled the global banking and housing nightmares have been relegated to the attic. Their roots go down deeper than any scandal and still are alive and thriving. * Cynthia Enloe, author of Seriously!: Investigating Crashes and Crises as if Women Mattered * This innovative collection wonderfully illustrates the power of radical feminist theorizing in disclosing the gendered roots, genesis, dynamics, narration, governance and impact of financial crisis and insecurity. Written by established and rising feminist scholars, it roundly rejects the idea that gender is an optional add-on and demonstrates its foundational role in the production and reproduction of exploitation, structured inequalities of power, and the dynamics of neoliberalism. Drawing on diverse methods, highlighting the intersectionality of inequalities, and focusing on different aspects of the financial crisis and related insecurities, they reveal many obscure features of financialization for the scandal that they are and also show how gendered representations of crisis subtly shape the brutal and unequal management of crisis. This is a must for the classroom, the library, and the activists bookshelf. * Bob Jessop, Lancaster University *


This innovative collection wonderfully illustrates the power of radical feminist theorizing in disclosing the gendered roots, genesis, dynamics, narration, governance and impact of financial crisis and insecurity. Written by established and rising feminist scholars, it roundly rejects the idea that gender is an optional add-on and demonstrates its foundational role in the production and reproduction of exploitation, structured inequalities of power, and the dynamics of neoliberalism. Drawing on diverse methods, highlighting the intersectionality of inequalities, and focusing on different aspects of the financial crisis and related insecurities, they reveal many obscure features of financialization for the scandal that they are and also show how gendered representations of crisis subtly shape the brutal and unequal management of crisis. This is a must for the classroom, the library, and the activists bookshelf. Bob Jessop, Lancaster University Reading this book eight years after the financial crash is sobering. True and Hozic's thoughtful authors are raising bright yellow warning banners that read: Do not imagine that the sorts of masculinized presumptions and structures that fueled the global banking and housing nightmares have been relegated to the attic. Their roots go down deeper than any scandal and still are alive and thriving. Cynthia Enloe, author of Seriously!: Investigating Crashes and Crises as if Women Mattered Over the past decade, the global financial crisis has been forgotten. Crucial questions regarding subjects, bodies, and practices have been displaced by bloodless macroeconomic and theoretical abstractions, while critical voices and ethical concerns have been co-opted and reduced to matters of technique. This book shows over a series of path-breaking chapters how this great repression happened, demonstrating the need for gendered and feminist analyses which counter analytic amnesia and highlight the everyday realities of embodied practices and subjects. Wesley Widmaier, Griffith University, Australia


Aida Hozic and Jacqui True's important volume Scandalous Economics: Gender and the Politics of Financial Crises makes clear that any attempt to address economic issues without taking into account race, gender, and sexuality is a misguided, misleading, counterproductive, and unsustainable example of massive omitted-variable bias. --Review Symposium Gender and Financial Crisis, Perspectives on Politics Scandalous Economics should be required reading for anyone thinking about how to chart a progressive path in the aftermath of Brexit or the 2016 U.S. elections; for those wrestling with the relationship between democracy, intersectionality, and our economic system; and for those who want to understand the far-reaching impact and roots of the seemingly omnipresent and continuing scandals that have beset political systems from the IMF to the Democratic Party to Rupert Murdoch's media empire to the current meltdown in South Korea. --Review Symposium Gender and Financial Crisis, Perspectives on Politics A landmark account of the global financial crisis and of the politics of articulating alternatives to the existing economic and political order. While each of its individual contributions has closure, the overall effect of the volume is to engender eagerness for more work of this kind that links the themes of gender, intersectionality and the global political economy. --Review Symposium Gender and Financial Crisis, Perspectives on Politics This accessible, innovative, and wide-ranging collection wonderfully illustrates the power of radical feminist theorizing in disclosing the gendered roots, genesis, dynamics, narration, governance and impact of financial crisis and insecurity. Written by established and rising feminist scholars, the contributions roundly reject the idea that gender is an optional add-on in the critique of political economy and domination and demonstrate its absolutely foundational role in the production and reproduction of exploitation, structured inequalities of power, and the dynamics of neoliberalismThis is a must for the classroom, the library, and the activists' bookshelf. --Bob Jessop, Distinguished Professor of Sociology, Lancaster University, United Kingdom Reading Scandalous Economics eight years after the financial crash is sobering. True's and Hozic's thoughtful authors are raising bright yellow warning banners that read: Do not imagine that the sorts of masculinized presumptions and structures that fueled the global banking and housing nightmares have been relegated to the attic. Their roots go down deeper than any scandal and still are alive and thriving. --Cynthia Enloe, author of Seriously!: Investigating Crashes and Crises as if Women Mattered, United States Over the past decade, the global financial crisis has been forgotten. Crucial questions regarding subjects, bodies, and practices have been displaced by bloodless macroeconomic and theoretical abstractions, while critical voices and ethical concerns have been co-opted and reduced to matters of technique. Scandalous Economics shows over a series of path-breaking chapters how this 'great repression' happened, demonstrating the need for gendered and feminist analyses which counter analytic amnesia and highlight the everyday realities of embodied practices and subjects. --Wesley Widmaier, Senior Research Fellow, Griffith University, Australia First, it surveys the global financial crisis from the perspective of gender and feminist theory. Second, there has been a co-optation (a borrowing) of feminist perspectives in the policy responses to the crisis. Lastly, it shows the insights feminist political economy analysis contributes to the field of international political economy. -- Choice A rich and illuminating volume... Inequality and its structural foundations animate each of its chapters, and the sum total of the volume adds up to a profound and damning criticism of the inability of global finance and capitalism to learn from its mistakes. - E-International Relations'


Author Information

Aida A. Hozic is Associate Professor of International Relations at the University of Florida. Jacqui True is Professor of Politics and International Relations at Monash University.

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