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Financial Literacy Education

Financial Literacy Education

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Published by Mark Malone
Intro Only! Consumer financial literacy education often appears as a helpful, commonsense solution to neoliberalism and the individualization of responsibility for economic risk. However, in Financial Literacy Education: Neoliberalism, the Consumer and the Citizen this particular literacy is argued to be both ineffective and unjust. Socially created poverty, unemployment and economic insecurity require more than individual consumer solutions; they require collective responses by engaged, critical citizens. Utilizing concepts from Marx, Foucault, Bourdieu and Baudrillard this book challenges those who claim that 'there is no alternative' to neoliberal insecurity and reduce education to a consumerist training of entrepreneurial consumer-citizens who can continually invest in themselves and the market. Through an analysis of consumer financial literacy education's present and historical supports, as well as its likely effects, this book argues that the choice before us is not financial illiteracy or financial literacy. Rather, the choice is between subjugation to the requirements of perpetual competition or overcoming alienation, insecurity and exploitation, aims the critical financial literacy education outlined at the end of this book supports. This book will appeal to those interested in understanding the conditions of our freedom in an increasingly financialized world - critical educators, philosophers and sociologists of education and financial literacy researchers.
Intro Only! Consumer financial literacy education often appears as a helpful, commonsense solution to neoliberalism and the individualization of responsibility for economic risk. However, in Financial Literacy Education: Neoliberalism, the Consumer and the Citizen this particular literacy is argued to be both ineffective and unjust. Socially created poverty, unemployment and economic insecurity require more than individual consumer solutions; they require collective responses by engaged, critical citizens. Utilizing concepts from Marx, Foucault, Bourdieu and Baudrillard this book challenges those who claim that 'there is no alternative' to neoliberal insecurity and reduce education to a consumerist training of entrepreneurial consumer-citizens who can continually invest in themselves and the market. Through an analysis of consumer financial literacy education's present and historical supports, as well as its likely effects, this book argues that the choice before us is not financial illiteracy or financial literacy. Rather, the choice is between subjugation to the requirements of perpetual competition or overcoming alienation, insecurity and exploitation, aims the critical financial literacy education outlined at the end of this book supports. This book will appeal to those interested in understanding the conditions of our freedom in an increasingly financialized world - critical educators, philosophers and sociologists of education and financial literacy researchers.

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Published by: Mark Malone on Dec 04, 2013
Copyright:Attribution Non-commercial

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12/09/2013

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EDUCATIONAL FUTURES: RETHINKING THEORY AND PRACTICE
Financial Literacy Education
Neoliberalism, the Consumer and the Citizen
Chris Arthur
SensePublishers
 
EDUCATIONAL FUTURES
RETHINKING THEORY AND PRACTICE
Volume 53
Series Editors Series Editors Series Editors Series Editors
Michael A. Peters Michael A. Peters Michael A. Peters Michael A. Peters
University of Illinois at Urbana-Champaign, USA Editorial Board Editorial Board Editorial Board Editorial Board
Michael Apple,Michael Apple,Michael Apple,Michael Apple,
University of Wisconsin-Madison, USA
Miriam David,Miriam David,Miriam David,Miriam David,
Institute of Education, London University, UK 
 Cushla Kapitzke,Cushla Kapitzke,Cushla Kapitzke,Cushla Kapitzke,
Queensland University of Technology, Australia 
 Simon Marginson,Simon Marginson,Simon Marginson,Simon Marginson,
University of Melbourne, Australia
Mark Olssen,Mark Olssen,Mark Olssen,Mark Olssen,
University of Surrey, UK
Fazal Rizvi,Fazal Rizvi,Fazal Rizvi,Fazal Rizvi,
University of Illinois at Urbana-Champaign, USA
 Susan Robertson,Susan Robertson,Susan Robertson,Susan Robertson,
University of Bristol, UK
Arun TripathiArun TripathiArun TripathiArun Tripathi,
Dresden University of Technology, Germany National Institute of Science, Technology & Development Studies, New Delhi, India
Linda Tuahwai Smith,Linda Tuahwai Smith,Linda Tuahwai Smith,Linda Tuahwai Smith,
University of Waikato, New Zealand Scope Scope Scope Scope This series maps the emergent field of educational futures. It will commission books on the futures of education in relation to the question of globalisation and knowledge economy. It seeks authors who can demonstrate their understanding of discourses of the knowledge and learning economies. It aspires to build a consistent approach to educational futures in terms of traditional methods, including scenario planning and foresight, as well as imaginative narratives, and it will examine examples of futures research in education, pedagogical experiments, new utopian thinking, and educational policy futures with a strong accent on actual  policies and examples.
 
 

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