Author(s): Dick Bryan; Mike Rafferty
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 were businesses, and these businesses were 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? Risking Together: How Finance Is Dominating Everyday Life in Australia explains what is systematic about this 'risk-shifting' onto households, explores the frontier of financialised profit making, and includes suggestions on pushing back.