Advertisement

Finance, Production and Panopticism: inequality, risk and resistance in an era of disciplinary neo-liberalism

  • Stephen Gill
Part of the Multilateralism and the UN System book series (IPES)

Abstract

Recent growth in the power of capital relative to labour and in the way it reconstitutes certain ideas, identities and interests, and forms of state, is the primary political content of the processes of globalization, but this content is always localized and refracted through various social and cultural forms. The globalization process is a hierarchical one, and is associated with economic constraints and political pressures — or forms of discipline in society. One way to understand the functioning of aspects of power and discipline in the specific conditions of North American civilization — and to a degree in other OECD societies — is with reference to the Panopticon: the blueprint for the perfect prison that Michel Foucault (1979) took from the utilitarian social engineer Jeremy Bentham (1859).

Keywords

Interest Rate Credit Card Institutional Investor Pension Fund Credit Rating 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Notes

  1. 3.
    Ralph Blumenthal, ‘As the Number of Private Guards Grows, Police Learn to Enlist Their Help’, New York Times 13 July 1993;Google Scholar
  2. Clare Collins, ‘Hiring Private Security Guards to Cut Neighborhood Crime’, New York Times, 18 August 1994.Google Scholar
  3. 4.
    Robert Taylor, ‘Resetting the clock’, Financial Times, 10 February 1993.Google Scholar
  4. 6.
    Geoffrey York, ‘Privacy report warns of “Big Brother” computer’, The Globe and Mail, 14 July 1993.Google Scholar
  5. 7.
    Deborah M. Rankin, ‘Rehabilitating a shattered credit rating’, The New York Times 16 January 1993.Google Scholar
  6. 10.
    John Plender, ‘Through a Market, Darkly’, Financial Times, 27 May 1994.Google Scholar

Copyright information

© The United Nations University 1997

Authors and Affiliations

  • Stephen Gill

There are no affiliations available

Personalised recommendations