The financialized self
WE HAVE BECOME ENTREPRENEURS in the era of globalization.
Each of us is a little business, left to navigate the risky world of investments and the stock market. As a consequence, the role that the state plays in the welfare of citizens has been reduced.
Now retirement depends on how well we strategize financial speculations. It used to be that pensions were determined by salary and years of service; now it’s risk management.
As financialized subjects, we must consider economic cost–benefit calculations as the natural criteria for evaluating life choices.