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Suburban Subjects: Financial Services and the New Right

In: Financial Institutions and Social Transformations

Author

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  • Christopher Grey

Abstract

There are many obvious and important ways in which financial services and the New Right are connected in the UK and perhaps elsewhere. The principal theme of the New Right in government has been the transfer of assets and services from public to private ownership. In most, if not all, cases, this involves financial services. Privatisation involves share dealing services. The sale of council houses involves mortgage and insurance services. Opting out of state and company pensions involves private pension services. If private health insurance, school fees plans and consumer credit provision are added, it is plain not just that financial institutions have benefited from New Right policies, but also that individuals have perforce experienced a growing involvement with such institutions.

Suggested Citation

  • Christopher Grey, 1997. "Suburban Subjects: Financial Services and the New Right," Palgrave Macmillan Books, in: David Knights & Tony Tinker (ed.), Financial Institutions and Social Transformations, chapter 3, pages 47-67, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-25953-3_3
    DOI: 10.1007/978-1-349-25953-3_3
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    Cited by:

    1. Paul Langley, 2009. "Debt, Discipline, and Government: Foreclosure and Forbearance in the Subprime Mortgage Crisis," Environment and Planning A, , vol. 41(6), pages 1404-1419, June.
    2. Ariane Hillig, 2019. "Everyday financialization: The case of UK households," Environment and Planning A, , vol. 51(7), pages 1460-1478, October.

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