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Book review: Portfolio society: on the capitalist modes of prediction

McArthur, Jenny (2018) Book review: Portfolio society: on the capitalist modes of prediction. LSE Business Review (21 Oct 2018). Blog Entry.

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Abstract

In Portfolio Society: On the Capitalist Modes of Prediction, Ivan Ascher argues that financial markets have reshaped the contemporary economy, extending Karl Marx’s theory of labour to consider how the abstraction and securitisation of risk in financial markets have profound influence on economic and social relations. The text adds to a growing body of critical literature from various disciplines – including Mariana Mazzucato’s The Value of Everything, Nick Silver’s Finance, Society and Sustainability and Daniel Cohen’s The Infinite Desire for Growth – that scrutinises the 2008 global financial crisis and the contradictions it revealed in the nature of our economies and financial systems.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2018 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited: 17 Mar 2021 15:15
Last Modified: 24 Aug 2021 23:03
URI: http://eprints.lse.ac.uk/id/eprint/109205

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