Abstract
This chapter overviews a theoretical presentation of self-psychology, a psychodynamic theory developed in the 1970s in reaction to Freudian theory. The reader will become familiar with terms and invariant organizing principles related to this approach. Current empirical research and a study of “The Subjective Experience of Money” (Lyons, The shadow of money (Doctoral Dissertation), 2013) are presented to support the short- and long-term effectiveness of psychodynamic therapy in general and self-psychological therapy in particular. This chapter will help financial advisorsmental health professionals, undergraduates, and graduate students in financial planning, financial therapy, and psychology better understand the internal psychological forces that determine the interplay between money and intrapsychic and interpersonal dynamics.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Ainsworth, M.D.S. (1989). Attachments beyond infancy. American Psychologist, 44, 209–716.
American Psychological Association. (2012). Stress in America: Our health at risk, p. 17. https://www.apa.org/news/press/releases/stress/2011/final-2011.pdf. Accessed 15 Jan 2014.
Ariely, D. (2008). Predictably irrational: The hidden forces that shape our decisions. New York: HarperCollins.
Baker, M. (1993). Self psychology and group psychotherapy. In H. I. Kaplan & B. J. Sadock (Eds.), Comprehensive group psychotherapy (pp. 176–185). Baltimore: Williams & Wilkins.
Baker, H., & Baker, M. (1987). Heinz Kohut’s self psychology: An overview. The American Journal of Psychiatry, 144(1), 1–9.
Beebe, B., & Lachmann, F.M. (2002). Infant research and adult treatment: Co-constructing interactions. Hillsdale: The Analytic Press, Inc.
Bleiberg, J., & Baker, M. (2008). Working through co-transferences in inadvertent or unavoidable multiple relationships. International Journal of Psychoanalytic Self Psychology, 3(4), 465–487.
Freud, S. (1908). Character and anal-erotism. In J. Strachey (Ed.), The standard edition of the complete psychological works of Sigmund Freud (Vol. 9, pp. 167–175). London: Hogarth Press. (trans: J. Strachey).
Heisenberg, W. (1985). Physics and philosophy: The revolution in modern science. New York: Harper & Row.
Kahneman, D. (2011). Thinking fast and slow. New York: Farrar, Straus and Giroux.
Klontz, B.T., & Britt, S. L. (2012). How client’s money scripts predict their financial behaviors. Journal of Financial Planning, 25(11), 33–43.
Kohut, H. (1971). The analysis of the self. New York: International Universities Press.
Kohut, H. (1977). The restoration of the self (p. 76). New York: International Universities Press.
Kohut, H. (1984). How does analysis cure? Chicago: The University of Chicago Press.
Kohut, H. (1985). Thoughts on narcissism and narcissistic rage. In C. B Strozier (Ed.), Self psychology and the humanities: Reflections on a new psychoanalytic approach (pp. 124–160). New York: W. W. Norton & Company (Originally published in 1972).
Lichtenberg, J. D. (1983). Psychoanalysis and infant research (pp. xii, 262). Hillsdale: The Analytic Press.
Luborsky, L., Singer, B., & Luborsky, L. (1975). Comparative studies of psychotherapy. Archives of General Psychiatry, 32(8), 995–1008.
Lyons, C. P. (2013). The shadow of money (Doctoral Dissertation). Retrieved from ProQuest (AAT 3554827).
Matthews, A. (1991). If I think about money so much, why can’t I figure it out? Understanding and overcoming your money complex. New York: Summit Books.
Mumford, D., & Weeks, G. (2003). The money genogram. Journal of Family Psychotherapy, 14(3), 33–45.
Schore, A. N. (2002). Advances in Neuropsychoananlysis, Attachment theory and trauma research: Implications for self psychology. Psychoanalytic Inquiry, 22(3), 433–484.
Shedler, J. (2010). The efficacy of psychodynamic psychotherapy. American Psychologist, 65(2), 98–109.
Stern, D. (1985). The interpersonal world of the infant. New York: Basic Books.
Stevenson, J., & Meares, R. (1992). An outcome study of psychotherapy for patients with borderline personality disorder. American Journal of Psychiatry, 149(3), 358–362.
Stevenson, J., & Meares, R. (1995). Borderline patients at 5-year follow-up. Proceedings of annual congress of Royal Australian and New Zealand college of psychiatrists. Cairns.
Stevenson, J., Meares, R., & Comerford, A. (1999). Psychotherapy with borderline patients: 1. A comparison between treated and untreated cohorts. The Australian and New Zealand Journal of Psychiatry, 33(4), 467–472.
Stevenson, J., Meares, R., & D’Angelo, R. (2005). Five-year outcome of outpatient psychotherapy with borderline patients. Psychological Medicine, 35, 79–87.
Stolorow, R., Atwood, G., & Brandchaft, B. (Eds.). (1994). The intersubjective experience. New York: Jason Aronson Book.
Zweig, J. (2007). Your money and your brain: How the new science of neuroeconomics can help make you rich. New York: Simon & Schuster.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2015 Springer International Publishing Switzerland
About this chapter
Cite this chapter
Baker, M., Lyons, C. (2015). Financial Therapy from a Self-psychological Perspective. In: Klontz, B., Britt, S., Archuleta, K. (eds) Financial Therapy. Springer, Cham. https://doi.org/10.1007/978-3-319-08269-1_18
Download citation
DOI: https://doi.org/10.1007/978-3-319-08269-1_18
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-08268-4
Online ISBN: 978-3-319-08269-1
eBook Packages: Behavioral ScienceBehavioral Science and Psychology (R0)