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Financial Business Education

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  • 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
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    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.
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    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.

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