Title: The Social Life of Financial Derivatives: Markets, Risk, and Time (eng)
Publisher: Duke University Press Books
Publication Date: 2017
Language: English
ISBN 10: 0822369710
ISBN 13: 9780822369714
Binding: Soft cover
Condition: new
Weight: 0.57 kilograms

About this title

Synopsis

In The Social Life of Financial Derivatives Edward 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.

About the Author

Edward LiPuma is Professor of Anthropology at the University of Miami, coauthor of Financial Derivatives and the Globalization of Risk, also published by Duke University Press, and author of The Gift of Kinship: Structure and Practice in Maring Social Organization.

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