Governing Homo Subprimicus: Beyond Financial Citizenship, Exclusion, and Rights
Article first published online: 14 SEP 2012
© 2012 The Author. Antipode© 2012 Antipode Foundation Ltd.
Volume 45, Issue 4, pages 926–946, September 2013
How to Cite
Kear, M. (2013), Governing Homo Subprimicus: Beyond Financial Citizenship, Exclusion, and Rights. Antipode, 45: 926–946. doi: 10.1111/j.1467-8330.2012.01045.x
- Issue published online: 6 AUG 2013
- Article first published online: 14 SEP 2012
- financial citizenship;
The paper presents an alternative to scholarship on the distributional politics of finance that emphasizes citizenship-based claims to new financial rights. To compensate for the dominance of exclusion-based etiologies of financial marginality in financial geography, I reframe financial exclusion as a problem of financial government—that is, as a problem of conducting the conduct of risky populations without threatening the security and autonomy of financial markets. Drawing on Foucault's distinction between technologies of discipline and security, I describe how barriers to the extension of financial government create tiered processes of financial subject formation. The inchoate “subprime’ financial subject produced is the correlate of a specialized financial governmentality—a homo subprimicus eminently governable by financial means. I close by calling for greater attention to questions regarding the relationship between technologies for valorizing bare life, new systems of financially mediated value extraction, and emerging capitalist class processes.