Abstract

This article offers an opposing argument to the «man-cession» narrative that has dominated the press in recent years and explores what makes this particular economic context crucial for contemporary women’s fiction, offering a view into the recession’s impact on women’s lives, reading, consumption patterns, and self-identity in today’s post-credit-crunch world. The credit crunch has reignited debates about gender and the workplace in twenty-first century society. This article proposes that tensions between gender and debt have been played out in popular culture post-2007, most notably in publishing, through the emergence of a new genre of literature – Recessionista fiction. In Recessionista fictions, cocktails and heels are eschewed in favour of financial practicality, as shopaholic heroines confront a harsh new reality, forced into a position where they must take stock of their lives and start again from the midst of financial ruin, divorce or a major career change. As part of this process, Recessionista fiction foregrounds the impact of the credit crunch on female identity. This article examines a range of Recessionista fictions to explore how, why and with what effects the heroines of these novels intern and reify the attitudes of society during and after the global credit crunch. Examining an evolution in contemporary fiction that brought a taste of reality to an outdated chick lit genre in danger of extinction, the article analyses representations of gender and debt and the possibilities for personal transformation brought about by the global economic downturn.

Highlights

  • This article offers an opposing argument to the «man-cession» narrative that has dominated the press in recent years and explores what makes this particular economic context crucial for contemporary women’s fiction, offering a view into the recession’s impact on women’s lives, reading, consumption patterns, and self-identity in today’s post-credit-crunch world

  • In her feminist blog The F Word, Carolyn Roberts conducted her own small scale survey of press headlines connecting the credit crunch and its effect on female consumption and identity. She found a depressing range including: «a story about an overweight woman who lost her job, started her own business and lost five stones»; «the reassuring news that the credit crunch is not affecting cosmetic sales»; a cosmetic surgery company’s announcement of a 135% increase in breast augmentation procedures, with the tasteful statement, «as the economy is going bust, uk women are boosting theirs»

  • Occupied with credit crunch diets – based on own brands and lower fat alternatives – cut price holidays and credit crunch Christmas plans, the message of the popular press was clear: women should look on the bright side of the global economic downturn, more time with their partner, losing weight, greater food economy and a new found appreciation for the little things in life

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Summary

Introduction

This article offers an opposing argument to the «man-cession» narrative that has dominated the press in recent years and explores what makes this particular economic context crucial for contemporary women’s fiction, offering a view into the recession’s impact on women’s lives, reading, consumption patterns, and self-identity in today’s post-credit-crunch world. The heroine of the chick lit novel, like those of the «S&F» fictions, had a career and was financially independent but did not define herself through her work, instead using employment to fund her lifestyle choices.

Results
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