Financialization and the social economy.

This symposium focuses on the relationship between financialization and the social economy, specifically examining the role of finance and financial markets in the lives of US households. Financialization refers to the growth and dominance of the financial system, extending beyond the financial sector itself to impact social relationships and households' economic decision-making. The articles in this symposium explore various aspects of financialization, including the economic precarity of US households, the concentration of asset management, and the potential for alternative financial institutions to mitigate dependence on private institutions. The papers also address racial disparities in access to financial infrastructure and the conflicts of interest within asset management firms. Overall, these articles provide valuable insights into the intersection of financialization, inter-household relationships, public policy, and households' financial security. [Extracted from the article]