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date: 24 May 2019

Abstract and Keywords

Feminists from a range of disciplines and perspectives theorized the basic androcentric bias in neoliberal (or neoclassical) economic theory. This chapter analyzes the market as a gendered spatial and conceptual construction and shows how marketization—the encroachment of the market upon noneconomic spheres—involves gendered practices that are embedded in and constitutive of, and transformative of unequal power relations of gender, race, ethnicity, class, sexuality, age, national origin, and geopolitical locations. It traces how neoliberal global restructuring has affected women’s participation in productive, reproductive, and virtual economies, including agribusiness, industrial production, the service sector, transnational care work, and sex work, and in the area of affective labor. And it demonstrates how the financialization of noneconomic spheres of the global economy insert women from the global North and the global South into the global financial sector through microfinancing schemes, which subject them to the disciplinary and regulatory power of global finance.

Keywords: markets, marketization, feminist economics, feminist political economy, global restructuring, finance, financialization

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