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.
when: 17:30, Wednesday 5 August
Where: Lecture Theatre 1, Old Government Buildings, Stout Street, Wellington