Financialisation, financial literacy and asset-based welfare

Finlayson, Alan ORCID: https://orcid.org/0000-0003-3939-349X (2009) Financialisation, financial literacy and asset-based welfare. British Journal of Politics & International Relations, 11 (3). pp. 400-421. ISSN 1467-856X

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Abstract

This article examines New Labour's policies of asset-based welfare in the broader context of financialisation. It argues that these are indicative of a mode of government concerned to alter individual outlooks and aspirations, and that asset-based welfare, as developed by New Labour, is primarily a strategy for enhancing financial literacy. Exploring and identifying the general contours of New Labour's reform of welfare provision (particularly the rise of conditionality and personalisation), the article presents a case study of the Child Trust Fund, its development and marketing. The article closes with reflections on the fate of such policies after the sub-prime mortgage crisis.

Item Type:	Article
Faculty \ School:	Faculty of Arts and Humanities > School of Politics, Philosophy, Language and Communication Studies (former - to 2024)
UEA Research Groups:	Faculty of Arts and Humanities > Research Groups > Political, Social and International Studies Faculty of Arts and Humanities > Research Groups > Cultural Politics, Communications & Media Faculty of Arts and Humanities > Research Groups > Policy & Politics
Depositing User:	Katherine Humphries
Date Deposited:	02 Feb 2012 10:18
Last Modified:	24 Sep 2024 09:21
URI:	https://ueaeprints.uea.ac.uk/id/eprint/36741
DOI:	10.1111/j.1467-856X.2009.00378.x

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