Governing Financialization

Book • 2021
Jack Copley's "Governing Financialization" delves into the political processes behind Britain's financial liberalization in the 1970s and 80s.

The book challenges conventional narratives, arguing that financialization wasn't a result of grand ideological plans or automatic market adjustments.

Instead, it highlights the role of short-term crisis management and the balancing act between global competitiveness and domestic stability.

Copley's research uses archival evidence to reveal the messy, ad-hoc nature of policy decisions.

The book offers a nuanced understanding of the interplay between state actions and market forces, showing how seemingly ideologically driven reforms often stem from pragmatic responses to immediate economic challenges.

This work contributes significantly to the understanding of financialization's political dimensions.

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Jeffrey Gordon
as the author of the book, which explores the political aspects of financial liberalization in Britain during the 1970s and 1980s.
Jack Copley, "Governing Financialization: The Tangled Politics of Financial Liberalization in Britain" (Oxford UP, 2022)

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