Articles liés à Derivatives and the Wealth of Societies

Derivatives and the Wealth of Societies - Couverture souple

 
9780226392837: Derivatives and the Wealth of Societies
Couverture souple
ISBN 10 : 022639283X ISBN 13 : 9780226392837
Editeur : University of Chicago Press, 2016

Synopsis

Derivatives were responsible for one of the worst financial meltdowns in history, one from which we have not yet fully recovered. However, they are likewise capable of generating some of the most incredible wealth we have ever seen. This book asks how we might ensure the latter while avoiding the former. Looking past the usual arguments for the regulation or abolition of derivative finance, it asks a more probing question: what kinds of social institutions and policies would we need to put in place to both avail ourselves of the derivative’s wealth production and make sure that production benefits all of us?

To answer that question, the contributors to this book draw upon their deep backgrounds in finance, social science, art, and the humanities to create a new way of understanding derivative finance that does justice to its social and cultural dimensions. They offer a two-pronged analysis. First, they develop a social understanding of the derivative that casts it in the light of anthropological concepts such as the gift, ritual, play, dividuality, and performativity. Second, they develop a derivative understanding of the social, using financial concepts such as risk, hedging, optionality, and arbitrage to uncover new dimensions of contemporary social reality. In doing so, they construct a necessary, renewed vision of derivative finance as a deeply embedded aspect not just of our economics but our culture.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Benjamin Lee is a University Professor of Anthropology and Philosophy at the New School and the author or coauthor of many books, including Financial Derivatives and the Globalization of Risk.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
University of Chicago Press
Date d'édition
2016
Langue
anglais
ISBN 10 
022639283X
ISBN 13 
9780226392837
Reliure
Broché
Nombre de pages
312
Éditeur
Lee Benjamin, Martin Randy
Coordonnées du fabricant
non disponible
Personne responsable
non disponible