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Marois, Thomas (2014) 'Historical Precedents, Contemporary Manifestations: Crisis and the Socialization of Financial Risk in Neoliberal Mexico.' Review of Radical Political Economics, 46 (3). pp. 308-330.

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Mexican society has experienced three costly finance-related crises in 1982, 1994-95, and 2008-09. In each case the continuity of capitalist development depended in large part on state authorities drawing the worst financial risks into the state apparatus, that is, on socialization. While most understandings of socialization remain at a largely technical understanding, I argue that the socialization of financial risk in Mexico rests on distinctively class-based material and institutional processes. The processes of socialization have been historically constitutive of neoliberalism and the current phase of financial accumulation in Mexico.

Item Type: Journal Article
SOAS Departments & Centres: Departments and Subunits > Department of Development Studies
Legacy Departments > Faculty of Law and Social Sciences > Department of Development Studies
ISSN: 04866134
Date Deposited: 27 Aug 2013 15:14

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