IDEAS home Printed from https://ideas.repec.org/a/taf/jculte/v5y2012i4p457-472.html
   My bibliography  Save this article

Financial Business Education

Author

Listed:
  • Sarah Hall
  • Lindsey Appleyard

Abstract

In this paper, we reveal the neglected role of business education in legitimizing and performing gendered discourses in financial services work in London's financial district. In particular, by combining research on gendered subjectivities in elite labour markets with Foucauldian-inspired cultural economy research on the processes of financial subjectification, we argue that business education played an important role in performing discourses of idealised investment banking subjects who embodied essentialised masculine qualities during the period of rapid financialized growth in the 2000s. We then examine the temporary fragility of these ‘masters of the universe’ by exploring how the power of investment banking subjects was momentarily destabilised as the global financial crisis was scripted in public discourse as being caused in part by the dominance of hyper-masculine investment bankers. By focusing on the relationship between educational practices and the gendered nature of financial services work, our analysis responds to calls to develop a more politically engaged cultural economy of finance by raising normative questions concerning the financial subjectivities that could, or should, be called forth within the post-crisis international financial system.

Suggested Citation

  • Sarah Hall & Lindsey Appleyard, 2012. "Financial Business Education," Journal of Cultural Economy, Taylor & Francis Journals, vol. 5(4), pages 457-472, May.
    • Handle: RePEc:taf:jculte:v:5:y:2012:i:4:p:457-472
    DOI: 10.1080/17530350.2012.691894
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/17530350.2012.691894
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/17530350.2012.691894?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Zaloom, Caitlin, 2006. "Out of the Pits," University of Chicago Press Economics Books, University of Chicago Press, number 9780226978130, Febrero.
    2. Brown, Phillip & Green, Andy & Lauder, Hugh, 2001. "High Skills: Globalization, Competitiveness, and Skill Formation," OUP Catalogue, Oxford University Press, number 9780199244201.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Chassman, Stephanie & Littman, Danielle Maude & Bender, Kimberly & Santa Maria, Diane & Shelton, Jama & Ferguson, Kristin M. & Hsu, Hsun-Ta & Narendorf, Sarah C. & Barman-Adhikari, Anamika & Petering,, 2020. "Educational attainment among young adults experiencing homelessness in seven cities across the United States," Children and Youth Services Review, Elsevier, vol. 119(C).
    2. Tiago Cardao-Pito, 2017. "Classes in Maximizing Shareholders’ Wealth: Irving Fisher’s Theory of the Economic Organization in Corporate Financial Economics Textbooks," Contemporary Economics, University of Economics and Human Sciences in Warsaw., vol. 11(4), December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Desiree Fields, 2022. "Automated landlord: Digital technologies and post-crisis financial accumulation," Environment and Planning A, , vol. 54(1), pages 160-181, February.
    2. Matthew Zook & Michael H Grote, 2017. "The microgeographies of global finance: High-frequency trading and the construction of information inequality," Environment and Planning A, , vol. 49(1), pages 121-140, January.
    3. Kalman Applbaum, 2012. "Markets: Places, Principles and Integrations," Chapters, in: James G. Carrier (ed.), A Handbook of Economic Anthropology, Second Edition, chapter 15, Edward Elgar Publishing.
    4. Busemeyer, Marius R., 2011. "Varieties of cross-class coalitions in the politics of dualization: Insights from the case of vocational training in Germany," MPIfG Discussion Paper 11/13, Max Planck Institute for the Study of Societies.
    5. Roberto Casarin & Niccolò Casnici & Pierpaolo Dondio & Flaminio Squazzoni, 2015. "Back to Basics! The Educational Gap of Online Investors and the Conundrum of Virtual Communities," Journal of Financial Management, Markets and Institutions, Società editrice il Mulino, issue 1, pages 51-69, June.
    6. Chaudhuri, Sarbajit, 2014. "Public Subsidy on Education, Welfare, and Wage Inequality in a Small Open Developed Economy: A Two-period Analysis," MPRA Paper 60330, University Library of Munich, Germany.
    7. Björklund Larsen, Lotta, 2015. "Common sense at the Swedish Tax Agency: Transactional boundaries that separate taxable and tax-free income," CRITICAL PERSPECTIVES ON ACCOUNTING, Elsevier, vol. 31(C), pages 75-89.
    8. Llerena Guiu Searle, 2014. "Conflict and Commensuration: Contested Market Making in India's Private Real Estate Development Sector," International Journal of Urban and Regional Research, Wiley Blackwell, vol. 38(1), pages 60-78, January.
    9. Styhre Alexander, 2018. "The Making of the Shareholder Primacy Governance Model: Price Theory, the Law and Economics School, and Corporate Law Retrenchment Advocacy," Accounting, Economics, and Law: A Convivium, De Gruyter, vol. 8(3), pages 1-31, December.
    10. Jean-Luc Demeulemeester & Claude Diebolt, 2011. "Education and Growth: What Links for Which Policy?," Historical Social Research (Section 'Cliometrics'), Association Française de Cliométrie (AFC), vol. 36(4), pages 323-346.
    11. Mori, Junichi & Stroud, Dean, 2021. "Skills policy for growth and development: The merits of local approaches in Vietnam," International Journal of Educational Development, Elsevier, vol. 83(C).
    12. Aneil Tripathy, 2017. "Translating to risk: The legibility of climate change and nature in the green bond market," Economic Anthropology, Wiley Blackwell, vol. 4(2), pages 239-250, June.
    13. Arjen van der Heide, 2017. "A History of British Actuarial Thought, by Craig Turnbull," Journal of Cultural Economy, Taylor & Francis Journals, vol. 10(6), pages 549-552, November.
    14. Rachel Weber, 2010. "Selling City Futures: The Financialization of Urban Redevelopment Policy," Economic Geography, Clark University, vol. 86(3), pages 251-274, July.
    15. Oddný Helgadóttir, 2023. "The new luxury freeports: Offshore storage, tax avoidance, and ‘invisible’ art," Environment and Planning A, , vol. 55(4), pages 1020-1040, June.
    16. Bear, Laura & Birla, Ritu & Puri, Stine Simonsen, 2015. "Speculation: futures and capitalism in India: opening statement," LSE Research Online Documents on Economics 61802, London School of Economics and Political Science, LSE Library.
    17. Bill Maurer, 2012. "Finance 2.0," Chapters, in: James G. Carrier (ed.), A Handbook of Economic Anthropology, Second Edition, chapter 11, Edward Elgar Publishing.
    18. Geoffrey Poitras (ed.), 2012. "Handbook of Research on Stock Market Globalization," Books, Edward Elgar Publishing, number 13048.
    19. Anthony P. D'Costa, 2006. "The International Mobility of Technical Talent: Trends and Development Implications," Working Papers id:778, eSocialSciences.
    20. Julia M. Puaschunder, 2020. "Social Volatility and Temporal Foci as Accelerators of Economic Trends," Proceedings of the 20th International RAIS Conference, December 6-7, 2020 016jpm, Research Association for Interdisciplinary Studies.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jculte:v:5:y:2012:i:4:p:457-472. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge (email available below). General contact details of provider: http://www.tandfonline.com/RJCE20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.