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Are We Rich Yet? - The Rise of Mass Investment Culture in Contemporary Britain (Hardcover)
Loot Price: R641
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Are We Rich Yet? - The Rise of Mass Investment Culture in Contemporary Britain (Hardcover)
Series: Berkeley Series in British Studies, 21
Expected to ship within 12 - 17 working days
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An in-depth history of how finance remade everyday life in
Thatcher's Britain. Are We Rich Yet? tells the story of the
financialization of British society. During the 1980s and 1990s,
financial markets became part of daily life for many Britons as the
practice of investing moved away from the offices of the City of
London, onto Britain's high streets, and into people's homes. The
Conservative Party claimed this shift as evidence that capital
ownership was in the process of being democratized. In practice,
investing became more institutionalized than ever in
late-twentieth-century Britain: inclusion frequently meant tying
one's fortunes to the credit, insurance, pension, and mortgage
industries to maintain independence from state-run support systems.
In tracing the rise of a consumer-oriented mass investment culture,
historian Amy Edwards explains how the "financial" became such a
central part of British society, not only economically and
politically, but socially and culturally, too. She shifts our focus
away from the corridors of Whitehall and towards a cast of
characters that included brokers, bankers and traders, newspaper
editors, goods manufacturers, marketing departments, production
companies, and hundreds of thousands of ordinary men and women.
Between them, they shaped the terrain upon which political and
economic reform occurred. Grappling with the interactions between
structural transformation and the rhythms of everyday life, Are We
Rich Yet? thus understands the rise of neoliberalism as something
other than the inevitable outcome of a carefully orchestrated
right-wing political revolution.
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