Resistance to financialization

Abstract

If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation. AbstractPurpose -The purpose of this paper is to contribute with knowledge about how resistance to the neo-liberal agenda is made possible, especially through renewal and reproduction of collective communities. Design/methodology/approach -Using two ethnographical studies, one of a chamber orchestra and one of a shipping company for illustrating resistance. Findings -It is resistance through distancing and creation of a "hidden script" that prevents the collective community from be broken down by individualization. However, resistance through distancing needs to be combined with resistance through persistence in order to become intelligent. Originality/value -The paper makes use of ethnographic studies to investigate possibilities of resistance. The study has also found it fruitful to combine James Scott's (1990) notion of collectively created hidden scripts with Collinson's (1992Collinson's ( , 1994 notion of resistance through distancing and persistence.

Fighting to undo a deal: Identifying and resisting the financialization of the WestConnex motorway, Sydney, Australia

“…Incorporating the logic of financialization into the public sector necessarily challenges its working methods, values and logics, requiring closer engagement with those of financial markets (Parker et al., 2018). As Forsberg and Stockenstrand (2014: 172) argue, while ‘financialization is a normal part of the private sector … financialization in the public sector means the adoption of the dominant logic of the private sector’ and this ‘often comes with technologies of domination such as budgets and financial measurements’ that favour investors.…”