Call for Papers - Special Issue: Financialisation

Across the social sciences and within political economy, financialisation has become a prominent theme. It is most commonly defined as a rise in the role and power of financial interests, institutions and motives over politics, society and the economy broadly. This, in turn, includes diverse phenomena such as shareholder value orientation, real estate booms, shadow banking, securitisation and new forms of wealth. The concept of financialisation has been used to explain a slowdown in business investment, consumption booms based on rising household debt, a return of financial cycles, rising inequality and changing subjectivities. This set of changes is underpinned by various sub-processes, including broad macro-historical shifts, as well as developments of social and cultural transformation. Across the literatures, most scholars emphasise the relatively recent ascent of financialisation.

The special issue aims to take stock of the existing research as well as explore the frontiers and limitations of financialisation. We particularly
invite papers that address questions like:

  • To what extent is financialisation indeed the driving force of social and economic change, rather than, say, the rise of new technologies, services, new types of wealth and the ‘gig’ economy?
  • To what extent is it meaningful to counterpose the financial and the real sectors of the economy?
  • Even if financialisaton is most recently associated with the wave of globalisation of the 1990s onwards, have there been earlier phases of financialisaton, paralleling broader historical transformations of the world economy?
  • How has the nature of financialisation changed in the wake of 2007-09 crisis and the global pandemic crisis? Should we expect genuine de-financialisation or more of it?
  • How should progressive political strategies respond to financialisation?

We invite articles as contributions to the special issue of REPE. Papers will be original articles and will undergo blind peer-review.

For queries please contact:
Anastasia Nesvetailova (Anastasia.Nesvetailova.1@city.ac.uk), Stefano Sgambati
(stefano.sgambati@city.ac.uk) or Engelbert Stockhammer (Engelbert.stockhammer@kcl.ac.uk)

If you intend to submit a paper, we appreciate an expression of interest with a title and abstract by 1 Oct (please send to Engelbert.stockhammer@kcl.ac.uk)
Deadline for full paper submission: 11 Dec 2020.
To submit a paper go to https://www.springer.com/journal/43253
Intended deadline for revised version: 14 May 2021