Craig Berry is Deputy Director of the Sheffield Political Economy Research Institute at the University of Sheffield. His latest article ‘Citizenship in a financialised society: financial inclusion and the state before and after the crash’ is available on fast track.
While the New Labour-ish language of ‘financial inclusion’ and ‘asset-based welfare’ has been quietly eschewed, since 2010 the Conservative Party has continued its predecessor’s agenda around promoting more extensive and intensive participation in the financial system, through asset ownership, in order to enable individuals to play an enhanced role in ensuring their own long term financial security.
This agenda is, understandably, usually assessed in terms of the impact on financial well-being. Yet its implications for the meaning and practice of citizenship may be just as significant Continue reading The Conservative government’s promotion of financialisation is transforming citizenship in the UK