Discover and read the best of Twitter Threads about #assetization
Most recents (1)
Just as twitter crumbles, I'm beyond happy that my 1st PhD paper just got published @EconSocJournal, studying emergence of impact investing in UK.
Main argument: financial agency involves creating social conditions for the exercise of financial power 1/11
tandfonline.com/doi/full/10.10…
Main argument: financial agency involves creating social conditions for the exercise of financial power 1/11
tandfonline.com/doi/full/10.10…
Creating new financial assets is key to the expansion of financialized capitalism. #Assetization enables rent extraction and thus creates economic winners and losers. Losers include gov de-risking, or non financial firms. Why do they participate nevertheless? 2/11
Clearly power is key here, but for assets in their ideational stage & requiring de-risking to be enacted, it's difficult to assume ex-ante unilateral power differences.
My argument: financial actors first need to make #assetization alluring to heterogeneous audiences. 3/11
My argument: financial actors first need to make #assetization alluring to heterogeneous audiences. 3/11
