Financialization has competing explanations from three distinct scholarly disciplines.
Evidence
Scholars from diverse disciplines have provided various explanations for how financialization came about at the level of the economy. Three major explanations are given from political economy, economic sociology, and political/historical sociology perspectives. — Gerald F. Davis & Suntae Kim, Financialization of the Economy, 30
Categorization
- SEED: The three-school framing (political economy, economic sociology, political/historical sociology) is a clean organizing device for a literature-review essay comparing why fields explain the same phenomenon differently.
- XREF: connects to: Research on household financialization remains fragmented across separate markets — Neil Fligstein & Adam Goldstein, The Emergence of a Finance Culture in…, 13; Financialization scholarship spans three approaches with distinct analytic foci. — Natascha van der Zwan, Making Sense of Financialization, 2; Financialization research has spread across disciplines, regions, and mainstream journals. — Natascha van der Zwan, Making Sense of Financialization, 10 (+4 more)
Related
- Financialization research has spread across disciplines, regions, and mainstream journals. (similarity 0.88)
- Financialization scholarship spans three approaches with distinct analytic foci. (similarity 0.87)
- The financialization literature lacks a unified definition across four competing usages (similarity 0.86)
- Research on household financialization remains fragmented across separate markets (similarity 0.86)
- Financialization ultimately represents markets displacing social institutions as society’s organizing principle. (similarity 0.85)
- Financialization lacks rigorous empirical evidence defining its timing and magnitude (similarity 0.85)
- Financialization has both micro and macro scholarly definitions (similarity 0.83)
- Scholars asserted financialization’s existence without providing direct evidence (similarity 0.83)
- Financialization shifts capital intermediation from institutions to markets. (similarity 0.83)
- The US economy became increasingly financialized in the post-1970s period. (similarity 0.83)
- Financialization scholarship assumes it is a universal, uniform process (similarity 0.83)
- Financialization means finance’s motifs spreading into spheres far from finance proper (similarity 0.82)
- Financialization marks a decisive shift from production-based to finance-driven accumulation. (similarity 0.82)
- Financialization is how society gets liquidated into marketable commodities (similarity 0.82)
- Assetization remains an unrecognized analytical entry point in financialization research (similarity 0.82)
Broader Connections
- Financialization scholarship spans three approaches with distinct analytic foci.
#expands(0.95) — Natascha van der Zwan, Making Sense of Financialization, 2 - Financialization research has spread across disciplines, regions, and mainstream journals.
#expands(0.80) — Natascha van der Zwan, Making Sense of Financialization, 10 - Financialization has both micro and macro scholarly definitions
#corroborates(0.75) — Andrew deWaard, Derivative Media, 97 - Assetization remains an unrecognized analytical entry point in financialization research
#complicates(0.75) — Paul Langley, Assets and Assetization in…, 18 - The financialization literature lacks a unified definition across four competing usages
#complicates(0.72) — Greta R. Krippner, The Financialization of the American…, 41