CURRENT BOOK PROJECT

THE GREAT DISINTEGRATION: FINANCE CAPITAL AND THE TRANSFORMATION OF DEMOCRATIC CITIZENSHIP­

Engaging in the debate on neoliberalism and the crisis of democracy, this book examines how the rise of finance capital in the late twentieth century transforms democratic citizenship. I argue that financialization’s impact goes beyond the issues often emphasized by critics of neoliberalism, such as the erosion of the common good, civic virtue, and solidarity. Tracing the development of finance capitalism’s conceptual and institutional underpinnings over the course of the twentieth century, I show how finance capitalism departs from neoliberalism in its conceptual architecture and operation in a number of crucial ways. The working of finance capital, I suggest, alters some of the foundational presuppositions that have long undergirded liberal democratic citizenship, such as rationality, private property, and relations of social interdependence, thereby destabilizing the long-standing boundaries and grounds of democratic contestation. It is thus essential to understand the perils and the opportunities created by financialization to reimagine democracy for the twentieth-first century.

ARTICLES IN PROGRESS

“Finance Capital and the Disintegration of Democracy: The Crisis of Weimar Democracy Revisited”

“Finance Capital and the Instabilities of Neoliberal Citizenship”

“Private Property and Citizenship in the Age of Finance Capital”