Walmart, Financialization, and the Cultural Politics of Securitization

Datos Bibliográficos

ID6141567
AutoresM Haiven (0000-0002-2143-9472, autor de correspondencia)
Año2013
Volumen9
Número3
Páginas239-262
Fecha de publicación2013-11-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaCultural Politics an International Journal (JOURNAL)
Identificadores de la revistaISSN: 1743-2197 • E-ISSN: 1751-7435
EditorialDuke University Press (PUBLISHER • US)
DOI10.1215/17432197-2346964
OpenAlexW1992663631
IdiomaEN
Citas recibidas4
Referencias citadas26

Walmart is not only the world's single largest retailer and private employer, it is also a crystallization and an agent of a broader paradigm shift toward “securitization”: the convergence of financial and security-oriented logics of risk management. This paper examines the way Walmart mobilizes and manipulates risk to cultivate profit and power and to transform the social and cultural politics within its orbit. Walmart emblematizes and advances capitalist securitization and offers a “risk-free” consumer space as a refuge in an uncertain world, yet it ultimately contributes to a world of systemic insecurity and economic anxiety

Business · Economics · Financial system · Financialization · Market economy · Political economy · Political science · Politics · Securitization · Housing, Finance, and Neoliberalism · Law · Political and Economic history of UK and US