European University Institute Library

The social life of financial derivatives, markets, risk, and time, Edward LiPuma

eng

Includes bibliographical references and index

index present

non fiction

The social life of financial derivatives

bibliography

973083540

Edward LiPuma

markets, risk, and time

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. --, Provided by publisher

Originating the derivative -- Social theory and the market for the production of financial knowledge -- Outline of a social theory of finance -- Temporality and the financial markets -- Theorizing the financial markets socially -- Rituality and the production of financial markets -- The speculative ethos -- The social habitus of financial work -- The social dimensions of Black-Scholes -- Derivatives and wealth