Insurance, subjectivity, and governnace

Luis Lobo-Guerrero*

*Corresponding author for this work

    Research output: Contribution to journalArticleAcademicpeer-review

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    Insurance, an industry worth 4.6 trillion USD in premium volume in 2016,1 has major effects on how individuals and collectives are governed in the world. With 80 per cent of premiums sold in OECD countries, it is reasonable to argue that the form of governance it facilitates is premised on the liberal forms of life that insurance has been designed to protect.2 If, as argued in the ‘Introduction’, doing a socio-political economy of the globe is indeed possible, the problem of understanding the role of insurance in creating liberal governance in the world, and the possibility of questioning and resisting this process, is certainly an important challenge. This can only be done, as posed by the forum, by integrating the analysis of the political, the economic and the sociocultural, of the everyday and the global, as a single problem space where an integration between IPE and IPS has much to offer. This contribution to the forum focuses on identifying empirical spaces where IPE meets IPS in the problem that results from insurantial practices of governing through risk.
    Original languageEnglish
    Pages (from-to)604-609
    Number of pages6
    JournalInternational Relations
    Issue number4
    Publication statusPublished - 2-Dec-2019

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