Naming the Wolves
Consumer Credit and Rentier Financialisation on the Brazilian Periphery
Bibliographic Data
| ID | 7472068 |
|---|---|
| Authors | Jessica Sklair (0000-0002-1401-4521, School of Business and Management Queen Mary University of London London UK, corresponding author), Catarina Morawska (0000-0002-6407-7854, Department of Social Sciences Federal University of São Carlos São Carlos Brazil), Maíra Vales (0000-0001-5562-0352, Universidade Federal de São Carlos), Maíra Vale (Imuê—Women and Economy Institute, Federal University of São Carlos São Carlos Brazil) |
| Year | 2026 |
| Volume | 58 |
| Issue | 1 |
| Publication date | 2026-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Antipode (JOURNAL) |
| Journal identifiers | ISSN: 0066-4812 • E-ISSN: 1467-8330 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/anti.70109 |
| OpenAlex | W4417496795 |
| Language | EN |
| References cited | 18 |
Recent social policy in Brazil has centred on a vision for financial inclusion that claims to alleviate poverty through credit‐based consumption. We argue that, contrary to these claims, Brazil's consumer credit boom has entrenched a financialised macroeconomic model in which debt and rentierism have become motors of the national economy. Financial inclusion discourse obscures how the periphery has been the new frontier for this shift, via the institutionalisation of debt as a mechanism for everyday survival. Taking our cue from residents of Peixinhos (the periphery of Olinda, Northeast Brazil), we argue for the imperative to “name the wolves” driving these processes. We thus demonstrate how recent financial legislation has stimulated mass expansion of small‐scale moneylending, formalising a prototype of credit provision which takes the ambiguous practice of loan sharking as its model. Brazilian financialisation is achieved, we argue, through this interplay between financial market innovation, state complicity, and ongoing struggle on the periphery
The Political Economy of Microfinance
Microfinance and Its Discontents
The Takeover of Social Policy by Financialization
Poverty Capital
Introduction
Peripheral financialization and the transformation of dependency
The color of money at the financial frontier
Universalising Financial Inclusion and the Securitisation of Development
Knowledge/Seizure
The digital revolution in financial inclusion
Social Structure and Distributive Policies under the PT Governments
The financialization of the American economy
Contesting Financial Inclusion
The Collateralization of Social Policy under Financialized Capitalism
| Highly cited | No |
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