From wall street to main street: Tracing the shadows of the financial crisis from 2007 to 2009 in US-American fiction

Abstract

Since the financial crisis cannot be explained by looking at the ʼnumbers’ alone, Judith Schulz investigates the diverse facets of the economic system, including the emotional response and motivations of the actors. It is precisely in this context that fiction can fill in the gaps in the understanding of the financial crisis and its cultural context. Schulz analyses works of Don DeLillo, Jess Walter and Martha McPhee to explore the complex and multifaceted interaction between culture and the economy. These authors shed light on the impact of neoliberal economic policies and create a dialogue on the highly controversial questions related to the financial crisis. They point to the contradictions and paradoxes within American culture and show that there is a need to renegotiate issues of national identity and the American Dream.