Capital and Time: For a New Critique of Neoliberal Reason - Couverture souple

Livre 1 sur 10: Currencies: New Thinking for Financial Times

Konings, Martijn

 
9781503604438: Capital and Time: For a New Critique of Neoliberal Reason
Couverture souple
ISBN 10 : 1503604438 ISBN 13 : 9781503604438
Editeur : Stanford University Press, 2018

Synopsis

Critics of capitalist finance tend to focus on its speculative character. Our financial markets, they lament, encourage irresponsible bets on the future that reflect no real underlying value. Why is it, then, that opportunities for speculative investment continue to proliferate in the wake of major economic crises? To make sense of this, Capital and Time advances an understanding of economy as a process whereby patterns of order emerge out of the interaction of speculative investments.

Progressive critics have assumed that the state occupies a neutral, external position from which it can step in to constrain speculative behaviors. On the contrary, Martijn Konings argues, the state has always been deeply implicated in the speculative dynamics of economic life. Through these insights, he offers a new interpretation of both the economic problems that emerged during the 1970s and the way that neoliberalism responded to them. Neoliberalism's strength derives from its intuition that there is no position that transcends the secular logic of risk, and from its insistence that individuals actively engage that logic. Not only is the critique of speculation misleading as a general approach; it is also incapable of recognizing how American capitalism has come to embrace speculation and has thus been able to generate new kinds of order and governance.

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

À propos de l?auteur

Martijn Konings is Associate Professor of Political Economy at the University of Sydney. His most recent book is The Emotional Logic of Capitalism (Stanford, 2015).

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

Éditeur
Stanford University Press
Date d'édition
2018
Langue
anglais
ISBN 10 
1503604438
ISBN 13 
9781503604438
Reliure
Broché
Nombre de pages
184
Coordonnées du fabricant
non disponible
Personne responsable
non disponible

Autres éditions populaires du même titre

9781503603905: Capital and Time: For a New Critique of Neoliberal Reason

Edition présentée

ISBN 10 :  1503603903 ISBN 13 :  9781503603905
Editeur : Stanford University Press, 2018
Couverture rigide