首页 | 本学科首页   官方微博 | 高级检索  
相似文献
 共查询到20条相似文献，搜索用时 29 毫秒
1.
ABSTRACT

This article seeks to explain one of the sensibilities or dispositions that novices learn in the process of becoming financiers, namely, to be a contrarian. We will review investment pitches from an American undergraduate collegiate investment fund, interviews with some members of the club, and field notes from a few of their outings, and treat instances of their contrariness as moments in their process of going from non-investors to investors, moments in which they experiment with and learn new social habits, identities and practices. Moreover, we connect this contrariness with a much longer tradition in the formation of an identity and subjectivity as an investor. More than any simple technology of thought to be deployed in a particular situation, contrarianism is a thoroughgoing mode of framing and understanding life, both in investment contexts and beyond, which we suggest was born between the 1880s and 1940s and has persisted in various forms to this day. This paper offers two instances of how someone becomes contrary, and suggests that contrarianism may be a fairly typical way for humans to make sense of financial markets.  相似文献   

2.
ABSTRACT

This article contributes to the understanding of how first-time buyers and their parents form attachments to housing debt. Interviews, carried out in the Czech Republic, with 40 first-time homebuyers and 10 with their parents were used to identify multiple layers of debt performativity. These layers consist of statements expressing moral evaluations and emotions; calculative and cognitive devices; and references to practices. Two arguments are advanced through a framework of layered performativity. The first argument concerns the subjectivities of debtors. Debtors adopt investment concepts in their statements and use calculative devices. However, by relying on familial moral orders of security and familial financial transfers, these debtors must be regarded rather as semi-financialised subjects. The second argument relates to the re-configuration of social and economic relations in families. Debt attachment endorses the use of intergenerational financial transfers, which in turn may enforce continued intra-familial reciprocity, both in terms of the recipients’ obligation to the providers of a gift or loan as well as concerning an obligation to help their children attain homeownership in the future. Finally, intergenerational transfers also transform the character of the mortgage market and mortgage debt, making informal debts an important part of formal debt circuits.  相似文献   

3.
ABSTRACT

Drawing on ethnographic observations and interviews, this paper examines the market work performed by real estate agents in a residential market. The research explores how agents are engaged in market work to sell themselves, the market and the products in order to sell houses. Agents first invest in the clients by self-presentation techniques (likeability, availability, appearance, taste). They also work to bring the clients in line with the market by making them accept the market and its hierarchies; and finally, they enable clients to conform with the market, by relying on prices as signals and taste hierarchies. They act as market devices contributing to market valuation as they are engaged in making residential choices emerge, balancing the cold reality of the market with warm relationships to foster clients' engagement in transactions.  相似文献   

4.
Drawing on the existing research on the socio-economic impact of cultural heritage on local and regional development, the author's aim is to further the scientific discourse in two ways. Firstly, she focuses on the economic and social significance of private investors as important actors implementing heritage restoration projects. Although these initiatives are often primarily commercial in character, they may nonetheless exert a strong, broadly positive influence on local and regional development processes, especially if a cluster of such projects develops within a relatively small area richly endowed with a specific type of heritage. Secondly, she provides empirical evidence from Central and Eastern Europe, a region little explored to date by studies of this type. Accordingly, the article examines the specific context of post-1989 private heritage-oriented investments in historic palace and garden residences in the region of Lower Silesia in Poland, a heritage previously unwanted, ethnically and ideologically dissonant, but nowadays being rediscovered to an increasing extent.  相似文献   

5.
This paper contributes to the increasing research on how experts within financial institutions co-produce and organize financial markets, and in particular how equity analysts enact stock markets characterized by high volume and volatility. The 20 equity analysts studied give qualitatively different accounts of what, from an outsider's perspective, appear to be very similar work. The analysts understand investment objects, equity markets, and what constitutes good analytical work in qualitatively different ways. This heterogeneity, or multiplicity, could be one source of the, unexplained by orthodox financial theory, ‘excess’ volatility and ‘excess’ trading volume on financial markets. Therefore, the paper complements accounts within heterodox finance theory and sociology-based studies of financial market activities.  相似文献   

6.
  相似文献   

7.
Abstract

This study examines the personal worlds of homeless campers in Tucson, Arizona in the late 1990s to discover how the homeless contend with new sociospatial strategies of control. Tucson is typical of the dozens of U.S. cities that are attempting to evict street people from urban cores that have been rediscovered as frontiers for development and capital investment. The article draws from a year-long ethnographic case study of six campers to analyze their everyday talk and placemaking as interrelated productions of meaning. The analysis shows that the campers’ meaning making was inseparable from their material struggles to survive. They used their talk and placemaking to construct alternative homes and workplaces, an alternative, self-affirming definition of homelessness, and the foundations of a critique against the “system” of institutions producing poverty and inequality. Their meaning making constituted a “weapon of the weak” which the campers deployed to wage a kind of symbolic guerrilla war against the dominant discourse on homelessness.  相似文献   

8.
Economists characterize fluctuations in property markets as ‘cyclical’ in that characteristics repeat and recur instead of being temporally isolated or random. I argue that cycle metaphors naturalize change and distract us from the social and institutional relations underpinning transformation in local property markets. I emphasize the performative nature of cycles by focusing on the networks of actors – brokers, appraisers, investors, and planners – that move capital through the built environment, articulating arguments for its free passage, identifying inflexion points, and temporarily stabilizing the meanings associated with individual buildings, submarkets, and periods. Drawing from a case study of an office development cycle in downtown Chicago (1998–2009), I argue that cycles can be treated not only as metaphors that describe economic processes, but also as socially effective constructions in their own right. Specifically, I consider three ways in which actors perform cycles, including (1) professionals’ use of market devices that contain within them assumptions regarding the proper timing of (dis)investment; (2) the existence of incentives for herding among professionals that draw them to and away from assets at roughly the same times; and (3) the importance of cycle thinking in instilling the confidence necessary to speculate on an unknown future.  相似文献   

9.
Following recent works that have underlined the increasing search for liquidity in economic exchange, this article studies how illiquid forms of money are converted into liquid forms by corporate finance actors. In the name of ‘shareholder value’, the various forms of value generated by companies (such as ‘trade credit’) tend to be increasingly transformed into liquid forms of money that are easily distributable to shareholders (‘cash flows’). Describing this phenomenon as an example of what anthropologists of money call ‘conversion’, this paper highlights how such a conversion process was necessary for the historical development of ‘shareholder value’ policies in corporate finance. Considering documentary sources and interviews with consultants, auditors, and private equity fund managers involved in ‘cash flow’ optimisation practices, this paper details this conversion phenomenon and shows how it has relied on the historical elaboration of specific metrological, technical, legal, and moral norms.  相似文献   

10.
ABSTRACT

Utilizing a political economic framework, this study investigates the development and expansion of independent media in Afghanistan, focusing on one of the largest private media companies in the country, Moby Group. The company's approach to producing media is tied to its complex location as a translocal/transnational media entity. The company serves a unique population and navigates complex relationships locally and globally (operating in an emerging democratic state negotiating neoliberal market imperatives). This paper argues American-backed development of state-independent media and the rise of private companies such as Moby Group are part of larger geopolitical practices that further U.S. interests and the neoliberal agenda globally.  相似文献   

11.
ABSTRACT

This special issue of the Journal of Cultural Economy focuses on the digitalization of consumption and its social, cultural, ethical, political, and gendered implications. It thus answers the call for more research on how digital devices spread from the purely personal domain to multiple sociocultural domains. Through their use, new cultural practices have emerged between consumers and these devices, and devices and markets, that lead to change, in terms of consumer demand, consumption norms, and issues of ethics, culture, and power. Closely examining the role that devices play in consumption behavior enables us to address the supposed manipulative power of hi-tech companies, infrastructures, and systems at the global level, and the view ordinary market actors hold of digital appliances as empowering tools at the local level. The papers in this volume bridge ‘actor network theory' and ‘consumer culture theory' from the perspective of market ‘agencements.’ Ruckenstein-Granroth and Beauvisage-Mellet, and Arriagada-Concha focus on the device-mediated relationship between large digital market infrastructures and consumer behavior; Petersson McIntyre and Licoppe unveil the societal and cultural underpinnings of digitalized markets. Last but not least, Sörum and Soujtis address the political dimensions and implications of our new digital consumer equipment and society.  相似文献   

12.
Human oöcytes (eggs) have proved quite resistant to the gift system that regulates much tissue donation in the developed nations. With a few exceptions, they move from donor to recipient through incentive systems, including high rates of compensation and frank payment. Recently, women have turned in small but growing numbers to private oöcyte banking as a way to preserve and defer their fertility. This paper draws on interviews with both clinicians and clients to consider the ways that women use private banking to manage fertility. It argues that the move from purchasing third-party fertility to private banking is a move from a scarcity economy, where lack is resolved in exchange (Simmel), to an economy of singularities (Karpik) where the autologous genetic signature of the materiel renders it non-commensurable. Hence, its value can only be realised through preservation and private retention.  相似文献   

13.
Abstract

In 2006, a young female rapper named Diam's released an album that became the best‐selling CD in France: her CD and its reception is treated as a social phenomenon and examined against the backdrop of political arguments which developed in France in 2006–2007. Musical analysis shows that the sonic backgrounds of Diam's rap illustrated the importance of combinations and hard work in the symbolical production of a new order. Her texts manifested new combinations of social values which brought into the public debate changes in value systems that were just becoming developed enough to be taken up by political organisations and leaders. This is why the main themes in Diam's CD converged with topics engaged by the two main candidates in the French 2007 presidential election. This paper, combining the resources of musicology, literary analysis and political sociology analyses how Diam's put in aesthetic and emotional forms combinations of values that had been brewing underground for the past 30 years. It invites a reconsideration of the interpretation of rap as an expression of rebellion, or even as an element of counter‐culture, and apprehends it as a ‘social revealer’ that brings new values and representations into public debate and stimulates discussion around them. Diam's album was an ‘unidentified political object’ that shed original light on the way politics and politician are perceived by ordinary citizens, or specific groups among them, such as the youth.  相似文献   

14.
ABSTRACT

Over the past decade, microinsurance has taken off in South Africa. The strength of this market is fuelled almost exclusively by funeral insurance, unsurprising considering the immense cultural value South Africans place on funerals. Moreover, insurance companies have achieved scale by working through brokers who are embedded within community-based institutions like burial societies and funeral parlours. The incursion of ‘insurance culture’ into this sphere has thus resulted in an ecosystem in which formal and informal institutions are in fluid states of tension and cooperation. Mediators sustain this ecosystem and enable the extension of microinsurance into low-income communities. I employ Bruno Latour’s notion of ‘translation’ in my analysis of three types of mediators: insurance agents, funeral parlour operators, and burial society administrators. The paper, which is based on fieldwork I conducted in Cape Town, South Africa, focuses on these actors’ specific techniques of translation, i.e. the different strategies/practices used to reconcile the disparate rationalities and institutions of the formal insurance system with those of the informal risk management sphere. An analysis attuned to the various social identities and positions embodied by these brokers reveals the dislocations, ambiguities, conflicts, and opportunities generated by the expansion of microinsurance markets into the low-income terrain.  相似文献   

15.
Harry G. Johnson 《Minerva》1965,3(4):500-514
Summary There is no necessary connection between leadership in basic science and leadership in the applications of science, because scientific progress is a cooperative endeavour and not a competitive game; indeed, there may be a conflict between basic research and applied science. The notion of a position of leadership; in science raises questions of what leadership consists in and what its value is to the nation. The two main arguments for government support of science are cultural-social, and economic. The cultural-social argument stresses scientific activity as a form of social consumption of wealth and raises the question of whether other uses of the resources employed would contribute more to the greatness of the society. The economic argument stresses basic scientific research as a form of investment for the future, and raises the questions of what the rate of return on such investment is and whether and to what extent government support is called for. Relevant economic research results bearing on this problem are scarce. Economic theory suggests that competition in the market will supply less than the optimal amount of basic research; but our society substantially supplements the market through private contributions to and government support of science, and the question is whether this supplementation is deficient or excessive. Here difficult problems arise, on which more economic research is needed; one of these concerns the relative merits of government and private support of science. The rule-of-thumb procedures generally recommended for determining the volume and allocation of government support to basic scientific research generally ignore these problems, and amount to endorsing the present level of government support or recommending that it be increased. Allocation of federal support of science should take account of the possibility of stimulating the economic development of poor regions of the country by locating scientific research facilities in them.  相似文献   

16.
Fat Capital     
Within the domain of breast reconstruction, abject fat has become a form of biovalue to be harnessed, harvested, and remediated through fat transfer, fat grafting, the therapeutic use of fat stem cells, and fat banking. Each of these technologies deploys fat as capital and promises to return corporeal wholeness following breast cancer surgery. This paper explores the supposed endless malleability of fat and the Promethean dream it represents. In the context of these technologies, the paper asks under what conditions can fat become biovalue; what new corporeal economies are created through the labor of fat; how is this form of biovalue inextricable from the vast circuitry of the breast cancer industry; and how do broader patterns of social dispossession delimit who has access to this dream? It becomes evident that fat gets to be revalued and remediated by women already privileged within circuits of capital, demarcations along lines of race, and notions of normative embodiment. Ultimately, it is the ideal neoliberal subject – one who is ‘able’ to assume responsibility for her own health – that is the inheritor of this dream.  相似文献   

17.
Abstract

This essay provides a critical genealogical study of the “water cure” controversies that took place during the Philippine–American War. The author extends the work of Foucault and Agamben to argue that a biopolitical review of this controversy illustrates how many of the legal and cultural arguments used to legitimate the water cure have resurfaced in contemporary debates about waterboarding and enhanced interrogations techniques. The essay also illustrates how anti-imperialists and other critics of Theodore Roosevelt's administration tried to use these water-cure debates as discursive vehicles for complaining about the systematic abuse of Filipinos during the Philippine “Insurrection.”  相似文献   

18.
ABSTRACT

This essay focuses on the relationship between culture and governance, exploring how the practice of government has invoked conflicts and crises in the Korean culture industries. The Park Geun-Hye regime used culture as a central engine to boost Korea's national economy by adopting the new slogan, ‘Creative Korea’, to embody the country's national values within the international community. However, the regime's constant emphasis on creative economies came under attack when it was discovered that the Ministry of Culture and Tourism abused its authority by censuring 9,473 artists who were critical of the regime. Through an analysis of journalistic interviews with artists, critics and cultural practitioners, this paper examines how the relationships of governmentality, culture and creativity have been negotiated in the process of regime change. In addition, this paper explores how the Korean Wave phenomenon – the transnational expansion of Korean popular culture – during the past two decades has reshaped the society's perception of the governor–governed relationship within the cultural sphere.  相似文献   

19.
Abstract

This article problematizes the theoretical assumption of communication-as-symbolic that delimits the way identity is theorized. I argue that deconstructing identity requires moving beyond the symbolic construction of social categories, and instead focusing on how a perceptual and embodied subject is constituted through communication. Informed by Merleau-Ponty's phenomenologically driven approach to critical inquiry, I present a multimodal approach that reveals how perceptual subjectivity and the reflexive body are constituted within, and constitutive of, the symbolic mechanisms of social construction. Utilizing various examples pertinent to intercultural communication, I theorize cultural identity through the perspective of communication-as-embodied.  相似文献   

20.
ABSTRACT

This article explores practices of representation and role stabilization in an emerging innovation ecosystem in Beirut, Lebanon. With little local track record of software startup activity, any overt practices of venture or business process representation were of immediate utility. The two moments explored, a pitch session at a mentorship committee meeting and a startup founding competition, capture parts of the nascent topology of a venture development setting in the making. In both, pitches for software products were at the heart of the productive process, and this paper argues that these moments of performative representation were not surplus to the process of founding a startup, but rather are crucial productive elements in themselves. Early-stage software development consists of a constant oscillation between making and modeling. The interdependence of writing software code, stabilizing social platforms for work and industry development, and finding specialists who could relate these tasks was crucial to the development of this business ecosystem in Lebanon. It was a system in motion, built of code and confidence. The circulation of information crucial to decision making within a single project required distinct practices of publicity, which in turn required articulatory platforms.  相似文献   

设为首页 | 免责声明 | 关于勤云 | 加入收藏

Copyright©北京勤云科技发展有限公司  京ICP备09084417号