Risking Together: How Finance Is Dominating Everyday Life in Australia

(Paperback, Digital original)

---

Publishing Details

Classifications

Physical Properties

Description

Australia is in the midst of a major social and economic experiment that centres on financial risks being shifted onto ordinary people. We are being asked to manage ourselves as if we are businesses, and these businesses are being squeezed tighter and tighter.

Households are taking on more risk and financial stress, implicitly accepting demands that they be stable, secure payers. What is driving this, and how might we resist it

Risking Together: How Finance is Dominating Everyday Life in Australia explains what is systematic about this risk-shifting onto households, explores the frontier of financialised profit making, and includes suggestions on pushing back.

This brilliant and timely book shows how a silent yet pervasive transformation has taken place in Australian society Bryan and Rafferty show how finance has become implicated in all aspects of social life and how mundane household financial transactions are now central to the economic stability of the nation.
Lisa Adkins, Head of the School of Social and Political Sciences, University of Sydney and Academy of Finland Distinguished Professor, University of Tampere, Finland.

In the world of post-blockchain technologies we're looking to build new ways of risking together. The work of Bryan and Rafferty has been inspiring. This new book presents us with concepts and methods of analysis that are groundbreaking.
Akseli Virtanen, CEO, Economic Space Agency, Oakland, California and Berlin.

Reviews

Dick Bryan and Michael Rafferty offer a provocative caveat in Risking Together, arguing that wealth and income inequality do not fully, or even best, explain the financial distress of middle class Australians ... It is therefore an invaluable addition to the cultural economy canon, an introduction suitable for both undergraduate university students and the workers, consumers and citizens whose story it tells.

-- Carolyn Hardin * Journal of Cultural Economy *

"Bryan and Raffertys object of analysis in Risking Together is of great sociological, psychological, and social interest The analysis provided throughout the book is comprehensive and insightful. The examples of risk-shifting are abundant and extensive.

-- Mohamed Mourad * The Economic and Labour Relations Review *

Author Bio

Dick Bryan is professor emeritus of political economy at the University of Sydney.
Michael Rafferty is an associate professor of international business at RMIT. He was an ARC Future Fellow at the University of Sydney from 2012 2016.