The Everyday Life of Global Finance: Saving and Borrowing in Anglo-America

Paul Langley

489 citations0/0 files storedRePEc: Research Papers in Economics

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Housing, Finance, and Neoliberalism Global Financial Regulation and Crises Elite Sociology and Global Capitalism

Abstract

Grounded in literature from the sociology of finance and international political economy, and informed by extensive empirical research, this text explores the unprecedented relationships that now bind Anglo-American society with the financial markets. It shows how financial market networks have come to extend well beyond Wall Street and the City of London, becoming embedded in routine saving and borrowing in the US and UK. Society's new-found relationships with the markets are also shown, however, to be marked by stark inequalities, manifest contradictions, and political dissent.

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