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The Making of Everyman’s Capitalism in Sweden : Micro-Infrastructures, Unlearning, and Moral Boundary Work

Husz, Orsi and Larsson Heidenblad, David LU (2023) In Enterprise & Society 24(2). p.425-454
Abstract
This article analyzes the so-called turn to the market in Sweden, with an emphasis on aspects that are typically absent from large-scale narratives. How did the changes known as neoliberalization and financialization enter everyday life and mundane financial practices? And which analytical tools can historians use to meaningfully connect the experience of changes on the micro level to those on the macro level? Zooming in on the the year 1979 and focusing on two empirical cases—the popularization of stock saving and the domestication of consumer credit—allows us to elaborate and apply a set of analytical entry points about (1) mundane micro-infrastructures, (2) financial knowledge as learning and unlearning, and (3) moral boundary work.... (More)
This article analyzes the so-called turn to the market in Sweden, with an emphasis on aspects that are typically absent from large-scale narratives. How did the changes known as neoliberalization and financialization enter everyday life and mundane financial practices? And which analytical tools can historians use to meaningfully connect the experience of changes on the micro level to those on the macro level? Zooming in on the the year 1979 and focusing on two empirical cases—the popularization of stock saving and the domestication of consumer credit—allows us to elaborate and apply a set of analytical entry points about (1) mundane micro-infrastructures, (2) financial knowledge as learning and unlearning, and (3) moral boundary work. This framework offers a way of exploring when and in what ways new financial practices were experienced and eventually embraced by those who had previously been skeptical or even hostile. It also reveals the role played by actors and institutions not typically seen as agents of marketization. (Less)
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author
and
organization
publishing date
type
Contribution to journal
publication status
published
subject
in
Enterprise & Society
volume
24
issue
2
pages
31 pages
publisher
Oxford University Press
external identifiers
  • scopus:85120881777
ISSN
1467-2227
DOI
10.1017/eso.2021.41
project
A Nation of Everyman Investors: Stock Saving and the Circulation of Financial Knowledge in Sweden 1978-2018
Lund Centre for the History of Knowledge
language
English
LU publication?
yes
id
5d5bbc01-3490-44d1-8413-00f063435632
date added to LUP
2021-12-20 12:05:41
date last changed
2024-03-06 00:51:55
@article{5d5bbc01-3490-44d1-8413-00f063435632,
  abstract     = {{This article analyzes the so-called turn to the market in Sweden, with an emphasis on aspects that are typically absent from large-scale narratives. How did the changes known as neoliberalization and financialization enter everyday life and mundane financial practices? And which analytical tools can historians use to meaningfully connect the experience of changes on the micro level to those on the macro level? Zooming in on the the year 1979 and focusing on two empirical cases—the popularization of stock saving and the domestication of consumer credit—allows us to elaborate and apply a set of analytical entry points about (1) mundane micro-infrastructures, (2) financial knowledge as learning and unlearning, and (3) moral boundary work. This framework offers a way of exploring when and in what ways new financial practices were experienced and eventually embraced by those who had previously been skeptical or even hostile. It also reveals the role played by actors and institutions not typically seen as agents of marketization.}},
  author       = {{Husz, Orsi and Larsson Heidenblad, David}},
  issn         = {{1467-2227}},
  language     = {{eng}},
  number       = {{2}},
  pages        = {{425--454}},
  publisher    = {{Oxford University Press}},
  series       = {{Enterprise & Society}},
  title        = {{The Making of Everyman’s Capitalism in Sweden : Micro-Infrastructures, Unlearning, and Moral Boundary Work}},
  url          = {{https://lup.lub.lu.se/search/files/111179180/the_making_of_everymans_capitalism_in_sweden_micro_infrastructures_unlearning_and_moral_boundary_work.pdf}},
  doi          = {{10.1017/eso.2021.41}},
  volume       = {{24}},
  year         = {{2023}},
}