ABSTRACT

This chapter argues that geographical approaches make clear how crucial the household is for understanding finance and financialization. Geographical approaches to household finance make visible new hierarchies and inequalities in the distribution and redistribution of gains and losses from financialization. Finance has long been something associated with particular spaces of global capitalism, the steel and glass of global financial centres connected in a web of what become ‘global’ cities. The household makes visible how daily life constitutes financialization as a macroeconomic regime. The household is also produced by and productive of national scales, as financialized processes are intimately connected with state policies that have supported social (asset-based) welfare. Scalar geographies of household finance beyond Euro-America also show how finance itself differs geographically. Place-based approaches to household finance also show how intimate forms of harm link bodies and everyday experience with household/community dynamics and global finance.