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“What do border guards and central bankers have in common? Both operate, on a day-to-day basis, in political spaces exempt from many of the norms of liberal democratic politics and yet have the power to define and constrain them." Jacqueline Best presents thought-provoking discussion and arguments on the #power of technocratic exceptionalism https://economicsociology.org/2018/09/12/central-banks-technocratic-power-and-the-fear-of-democracy/ #politicaleconomy #Foucault #centralbank #neoliberalism #economicsB&B: Herbert #Marcuse // The Adjunct Crisis // Against #Capitalist Orthodoxy // #Gender and #finance // History of #taxing the #rich // (Im)mobility in the rural America // Inventing #Thanksgiving This time, especially worth reading and sharing articles: https://economicsociology.org/2018/09/07/bb-herbert-marcuse-the-adjunct-crisis-against-capitalist-orthodoxy-gender-and-finance-history-of-taxing-the-rich-immobility-in-the-rural-america-inventing-thanksgiving/ #economicsociologyTags
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Tag Archives: ethnography
Market Forecasting: A Sensitive Practice at the Heart of Neoliberal Capitalism
by Stefan Leins* Since the emergence of modern financial markets, financial analysts have played a critical role in producing visions of “the economy” and its future development. As experts, they analyze market developments and predict future scenarios that enable other financial … Continue reading
Calling for Resistance: the Electronic Panopticon of Call Centers and the Neoliberal Future of Work
by Jamie Woodcock* For Working the Phones: Control and Resistance in Call Centres, I spent six months working undercover in a call centre in the UK. Taking inspiration from workers’ inquiry – a Marxist method of co-research that combines knowledge production with organising … Continue reading
Posted in Books, community members posts
Tagged control, ethnography, labor, managerialization, Marxism, neoliberalism, precarity, work
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The Role of Money in Social Life: Morality and Power in the World of the Poor
by Ariel Wilkis* “Perhaps behind the coin is God.” — Jorge Luis Borges, The Zahir (1949) My book The Moral Power of Money: Morality and Economy in the Life of the Poor (Stanford University Press, 2017) offers a new focus for … Continue reading
Posted in Books, community members posts
Tagged Argentina, community, ethnography, money, morality, politics, poverty, power, social networks, sociology of money, welfare
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Cross-Class Encounters, Social Capital and Moral Judgments at an Elite College
“The sociology of education is a chapter, and not a minor one at that, in the sociology of knowledge and the sociology of power… [Given that] the structure of social space as observed in advanced societies is the product of … Continue reading
Posted in Books
Tagged class, ethnography, higher education, inequality, morality, social capital
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Ethnographies of austerity
Austerity is not about numbers, economic data or amorphous macro-scale policies; Austerity is about people. Middle and working-class people, they are the ones who bear the brunt of oppressive neoliberalism and carry the depressing burdens of austerity in their everyday life: increasing unemployment, … Continue reading
Posted in Books
Tagged austerity, culture, class, debt, ethnography, globalization, neoliberalism, policy, state
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Futures and ethnographies of neoliberalism
The special issue of Cultural Anthropology “Futures of Neoliberalism” (open access) offers theoretically-astute and fine-grained ethnographic analyses of the effects of profound changes across the Globe in various fields: workers’ wageless and disrupted life in Brazil, governance of young right-extremists in … Continue reading
Posted in Papers
Tagged academia, anthropology, Argentina, Egypt, Brazil, class, debt, ethnography, Germany, homeownership, Israel, labor, neoliberalism, Nicaragua, poverty, precarity, Romania, South Africa
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The Sense of Dissonance: Accounts of Worth in Economic Life
David Stark argues, firms would often be better off, especially in managing change, if they allowed multiple logics of worth and did not necessarily discourage uncertainty. In fact, in many cases multiple orders of worth are unavoidable, so organizations and firms … Continue reading
Posted in Books
Tagged banking, companies, Economic Sociology, ethnography, heterarchy, Hungary, investment, organization theory, start-up, valuation
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Codes of Finance: Engineering Derivatives in a Global Bank
Codes of Finance is an unusual, provocative, and compelling account of today’s structured financial products. The financial industry’s invention of complex products such as credit default swaps and other derivatives has been widely blamed for triggering the global financial crisis of 2008. … Continue reading
Posted in Books
Tagged banking, derivatives, ethnography, finance, investment, social studies of finance
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