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Ho’s central argument is that the institutional culture of Wall Street, based on the uncut neoliberal values of performance, flexibility, individualism, competition and risk management, is then downloaded by finance onto other firms in manufacturing, retail and service (and, indeed, onto government…

The Street relies on a constant stream of young hopefuls who have “invested” hundreds of thousands of dollars in an elite education so as to be “job ready” when recruited (42–67). Typically in their early twenties when hired, new investment bankers and traders are ushered into a culture of hyper-in…

Financialization, then, drives and benefits from both precariousness and is presented as its purported antidote. On the one hand, hypercompetitive financial markets, hell-bent on ever-higher returns, have a tremendous disciplinary power [...] Meanwhile, market pressures to privatize, deregulate and…

Financialization, then, drives and benefits from both precariousness and is presented as its purported antidote. On the one hand, hypercompetitive financial markets, hell-bent on ever-higher returns, have a tremendous disciplinary power [...] Meanwhile, market pressures to privatize, deregulate and…

The age of austerity dawned as a moment of neoliberalism without apology. Citing only the voracious demands of the market as the highest government obligation, a grim unanimity emerged among world leaders that put the famous “Washington Consensus” to shame: social spending would be dramatically sla…