ENGLISH

The Social Life of Financial Derivatives: Markets, Risk, and Time

By Edward LiPuma

Book information

Publisher
Duke University Press Books
Year
2017
ISBN
0822369567, 9780822369561
Language
english
Format
PDF
Filesize
2 MB (2187515 bytes)
Edition
Hardcover
Pages
424\416
Time added
2019-06-24 23:40:02

Description

InThe Social Life of Financial DerivativesEdward LiPuma theorizes the profound social dimensions of derivatives markets and the processes, rituals, and belief systems that drive them. In response to the 2008 financial crisis and drawing on his experience trading derivatives, LiPuma outlines how they function as complex devices that organize speculative capital as well as the ways derivative-driven capitalism not only produces the conditions for its own existence, but also penetrates the fabric of everyday life. Framing finance as a form of social life and highlighting the intrinsically social character of financial derivatives, LiPuma deepens our understanding of derivatives so that we may someday use them to serve the public well-being.

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