Suburban Subjects: Financial Services and the New Right

Christopher Grey

Chapter 3 in Financial Institutions and Social Transformations, 1997, pp 47-67 from Palgrave Macmillan

Abstract: Abstract There are many obvious and important ways in which financial services and the New Right are connected in the UK and perhaps elsewhere. The principal theme of the New Right in government has been the transfer of assets and services from public to private ownership. In most, if not all, cases, this involves financial services. Privatisation involves share dealing services. The sale of council houses involves mortgage and insurance services. Opting out of state and company pensions involves private pension services. If private health insurance, school fees plans and consumer credit provision are added, it is plain not just that financial institutions have benefited from New Right policies, but also that individuals have perforce experienced a growing involvement with such institutions.

Keywords: Financial Institution; Financial Service; Home Ownership; Private Health Insurance; Investor Protection (search for similar items in EconPapers)
Date: 1997
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DOI: 10.1007/978-1-349-25953-3_3

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