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Horacio Ortiz provides a critical analysis of the social institutions and practices that produce and regulate stock pricing and valuation. Drawing on ethnographic fieldwork conducted among financial professionals in New York and Paris, this book shows how the political imaginaries that underpin financial markets legitimize global inequalities.
List of contents
Acknowledgments
Introduction
1. The Organizational Space of Financial Value
2. Valuation as a Personal Opinion
3. The Truth of Value as the Result of Efficient Markets
4. Financial Value as Political Assemblage
Conclusion
Bibliography
Notes
Index
About the author
Horacio Ortiz is a researcher at CNRS, Centre d’études français sur la Chine contemporaine (CEFC), and an associate professor at the Research Institute of Anthropology, East China Normal University.
Summary
Horacio Ortiz provides a critical analysis of the social institutions and practices that produce and regulate stock pricing and valuation. Drawing on ethnographic fieldwork conducted among financial professionals in New York and Paris, this book shows how the political imaginaries that underpin financial markets legitimize global inequalities.
Additional text
This book displays Ortiz’s distinctive combination of hugely skilled fieldwork and theoretical sophistication. Here, for the first time, the insights of this subtle thinker are laid out in full for Anglophone readers. Ortiz’s politically inflected anthropology of finance throws vital new light on everyday practices that profoundly shape today’s world.
