Jane Kelsey on "The FIRE Economy"
I would also like to invite you to hear Professor Jane Kelsey speak about her new book "The Fire Economy" at 5:30pm onWednesday August 5th at Lecture Theatre 1, Old Government Buildings, Stout Street, Wellington.
Apologies for venue glitch - I am in London on an uncertain internet connection and wires got crossed to coin a phrase.
The FIRE economy – finance, insurance and real estate – is now the world’s principal source of wealth creation. Its rise has transformed
our political, economic and social landscapes. From rising inequality and ballooning household debt to a global
financial crisis and fiscal austerity, instability has accompanied this new orthodoxy. Yet it has proven remarkably
resilient, even resurgent, in New Zealand and abroad.
The continuing narrative of neoliberalism in New Zealand reveals financial crises to be inherent to the very structure
of the FIRE economy. How we respond to New Zealand’s future crises, however, means questioning what responses the
failing neoliberal orthodoxy will actually permit. In detailing the barriers the FIRE economy presents to change in New
Zealand, Kelsey points towards socially progressive, post-neoliberal futures.
All welcome. If you would llike to attend, please register here.
If you know of anyone else who may be interested, please pass this invitation on to them.
Professor Jane Kelsey is one of New Zealand’s best-known public intellectuals. She has taught at the University of Auckland since 1979. She
was awarded a Marsden Grant in 2009 to review the neoliberal project in the wake of the global financial crisis,
research that forms the basis of her new book The FIRE Economy.