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The paper begins with an examination of three ideal types citizenship which are not necessarily mutual exclusive. The first type is national citizenship, typically associated with ethno-nationalism. The second form is social citizenship or ‘welfare citizenship’ refers to the creation of social rights and is closely connected to civil-society institutions rather than to the state or market. The third form of citizenship identifies the citizen with participation in the work force emphasizing self-reliance and autonomy. In this discussion, I argue that with economic globalization and the development of neo-liberal strategies the various forms of citizenship have converged towards a new model of passive citizenship in which the state is or has withdrawn from commitment to full employment and the provision of social security, especially universal provision of welfare services, and civil-society institutions have been eroded. The result is the emergence of the apolitical,isolated citizen as consumer. The fourth model of citizenship presupposes a consumer society, a weak state and the decline of civic institutions, where the passive citizen becomes a consumer of privatized goods and services. The rise of a fourth model of citizenship – the consumer-citizen – can be interpreted as a logical consequence of financialization.