The aborted revolution: The moral economy of microfinance entrepreneurship in rural Bangladesh

Research output: Contribution to conferencePaper




ConferenceDevelopment Studies Association
CountryUnited Kingdom
Conference date(s)27/06/1829/06/18
Internet address

Publication details

DatePublished - 28 Jun 2018
Original languageEnglish


This paper interrogates entrepreneurship as a modernizing tool in rural societies. Building on a renewed interest in ‘moral economy’, it explores how entrepreneurship sits with the social institutions of Northern rural Bangladesh. Key findings evidence that the moral economy of entrepreneurship rests on the diffused idea of moral entrepreneurial idols and on traditional inter-personal networks of gendered obligations within households. Individuals participate to avoid risks and conform to traditional social institutions. I conclude that the imagined modernizing effect of entrepreneurship, the promised revolution, has been aborted by the very structures that support its expansion.

    Research areas

  • Morality, ETHNOGRAPHY, Finance, Poverty and inequality, Entrepreneurship


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