Financial Derivatives and the Globalization of Risk
Language: English
Published by Duke University Press, 2004
- Softcover
- Used
Seller: GreatBookPricesUK, Woodford Green, United KingdomGreatBookPricesUK
AbeBooks seller since January 28, 2020
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- Title
- Financial Derivatives and the Globalization of Risk
- Author
- Lipuma, Edward; Lee, Benjamin
- Publisher
- Duke University Press
- Publication year
- 2004
- Condition
- As New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 0822334186
- ISBN 13
- 9780822334187
LiPuma and Lee explain how derivatives are essentially wagers—often on the fluctuations of national currencies—based on models that aggregate and price risk. They describe how these financial instruments are changing the face of capitalism, undermining the power of nations and perpetrating a new and less visible form of domination on postcolonial societies. As they ask: How does one know about, let alone demonstrate against, an unlisted, virtual, offshore corporation that operates in an unregulated electronic space using a secret proprietary trading strategy to buy and sell arcane financial instruments? LiPuma and Lee provide a necessary look at the obscure but consequential role of financial derivatives in the global economy.
"Synopsis" may belong to another edition of this title.
About the Author
Edward LiPuma is Professor of Anthropology at the University of Miami. He is the author of Encompassing Others: The Magic of Modernity in Melanesia and coeditor of Bourdieu: Critical Perspectives.
Benjamin Lee is Professor of Anthropology and Philosophy at New School University and Dean of its Graduate Faculty of Political and Social Science. He is the author of Talking Heads: Language, Metalanguage, and the Semiotics of Subjectivity (published by Duke University Press) and coeditor of Semiotics, Self, and Society.
"About the title" may belong to another edition of this title.
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