Risking Together
How Finance Is Dominating Everyday Life in Australia
Emeritus Professor Dick Bryan, Michael Rafferty
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Australia is in the midst of a major social and economic experiment that centres on financial risks being shifted onto ordinary people. We are being asked to manage ourselves as if we are businesses, and these businesses are being squeezed tighter and tighter.
Households are taking on more risk and financial stress, implicitly accepting demands that they be stable, secure payers. What is driving this, and how might we resist it?
Contributor Bio
Dick Bryan is professor emeritus of political economy at the University of Sydney.
Michael Rafferty is an associate professor of international business at RMIT. He was an ARC Future Fellow at the University of Sydney from 2012 – 2016.
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