Financialization scholarship assumes it is a universal, uniform process

Evidence

Writes Engelen, ‘. . .many scholars have simply assumed that financialization is a universal process, which articulates itself similarly in different institutional contexts and actually causes divergence towards an ideal-typical conceptualization of a financialized economy, which looks surprisingly similar to the picture of the US painted by its liberal critics’ (2008, p. 114). — Natascha van der Zwan, Making Sense of Financialization, 90

Categorization

• XREF: Echoes the same critique raised in the author’s own framing at paragraph 88; also connects to debates over ideal types in comparative political economy. — connects to: The financialization literature lacks a unified definition across four competing usages — Greta R. Krippner, The Financialization of the American…, 41; So-called universal scholarship actually reflects imperial national biases — James W. Carey, Communication as Culture- Essays on…, 592; Financialization of households is stratified by class, not uniform — Neil Fligstein & Adam Goldstein, The Emergence of a Finance Culture in…, 21 (+1 more)
• corroborated: 2 independent passages support this claim — Natascha van der Zwan, Making Sense of Financialization, 90

Related

• Financialization has competing explanations from three distinct scholarly disciplines. (similarity 0.83)
• Financialization scholarship spans three approaches with distinct analytic foci. (similarity 0.83)
• Financialization does not yield uniform convergence across national contexts. (similarity 0.82)
• Financialization is a political project tied to US hegemony, not a market efficiency outcome. (similarity 0.80)
• Scholars asserted financialization’s existence without providing direct evidence (similarity 0.80)
• The financialization literature lacks a unified definition across four competing usages (similarity 0.79)
• Financialization research has spread across disciplines, regions, and mainstream journals. (similarity 0.79)
• Financialization lacks rigorous empirical evidence defining its timing and magnitude (similarity 0.79)
• The US economy became increasingly financialized in the post-1970s period. (similarity 0.78)

Broader Connections

• The financialization literature lacks a unified definition across four competing usages #complicates (0.88) — Greta R. Krippner, The Financialization of the American…, 41
• So-called universal scholarship actually reflects imperial national biases #qualifies (0.85) — James W. Carey, Communication as Culture- Essays on…, 592
• Financialization of households is stratified by class, not uniform #complicates (0.85) — Neil Fligstein & Adam Goldstein, The Emergence of a Finance Culture in…, 21
• Even neutral scholarship operates within enabling institutions and agencies #qualifies (0.80) — Edward W. Said, Orientalism, 858