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Jane Kelsey on 'The FIRE Economy' - AKL
Wednesday 12 August 2015, 18:30 - 20:30
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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.

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.

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Location 12 Grafton Road\n Business School\n Owen Glenn Building, University of Auckland\n Auckland, AUK\n New Zealand\n