%0 Journal Article %T Financial Neoliberalism and Exclusion with and beyond Foucault %A Tim Christiaens %J Theory, Culture & Society %@ 1460-3616 %D 2019 %R 10.1177/0263276418816364 %X In the beginning of the 1970s Michel Foucault dismissed the terminology of ¡®exclusion¡¯ for his projected analytics of modern power. This rejection has had major repercussions on the theory of neoliberal subject-formation. Many researchers disproportionately stress how neoliberal dispositifs produce entrepreneurial subjects, albeit in different ways, while minimizing how these dispositifs sometimes emphatically refuse to produce neoliberal subjects. Relying on Saskia Sassen¡¯s work on financialization, I argue that neoliberal dispositifs not only apply entrepreneurial norms, but also suspend their application for groups that threaten to harm the population¡¯s profitability. Neoliberal dispositifs not only produce entrepreneurial subjects but also surplus populations that are expelled from the overall population to maintain its productivity. Here, the concept of ¡®exclusion¡¯ is appropriate if understood in Agamben¡¯s sense of an inclusive exclusion. The surplus population is part of neoliberal dispositifs, but only as the element to be abandoned %K exclusion %K finance %K Foucault %K neoliberal subjectivity %K neoliberalism %K Sassen %U https://journals.sagepub.com/doi/full/10.1177/0263276418816364