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Global Perspectives of Financialization
Global Perspectives of Financialization
Thursday, July 17, 2014: 8:30 AM-10:20 AM
Room: 413
RC02 Economy and Society (host committee) Language: English
There is nothing like a good crisis to concentrate one’s attention, and sociologists are no different in this regard. Since the last World Congress, there has been a flourishing of empirical research in the sociology of finance, most of it focused on the causes and consequences of the seizure of international financial markets in 2006-7, and the ongoing political economic oscillations in the Euro-zone. Reflecting these twin and interrelated crises (and a northern-bias in our discipline), most of this empirical research has been conducted in the United States and the Western European Union. This is understandable, but short sighted. Such scholarship tends to neglect ties between north and south within financial markets and organizations, as well as neglect unique processes found in the south. Moreover, research on financialization in the north tends to make unverified covering law statements regarding financialization in the south. This panel seeks to initiate a correction to this state of affairs.
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