Speculating on Everyday Life: The Cultural Economy of the Quotidian
- 1 October 2010
- journal article
- research article
- Published by SAGE Publications in Journal of Communication Inquiry
- Vol. 34 (4), 366-381
- https://doi.org/10.1177/0196859910383015
Abstract
The economic crisis has generally been understood in terms of financial excess, speculation and fraud. This article suggests that there is a need to decenter this focus on financialization and instead reflect on the crisis as a cultural as much as an economic event. It addresses the normalisation of practices of calculation and investment within everyday life, especially in the figure of the ‘citizen-speculator’ who is now required to view housing as a site of accumulation and object of speculation, not only for debt-fuelled consumption in the present but also as a source of asset-based welfare in the future.Keywords
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