An Analysis of Karen Z. Ho's Liquidated: An Ethnography of Wall Street

ISBN-13: 9781912128068 / Angielski

Rodolfo Maggio

Opis

Liquidated is a work of anthropology that treats an unusual, despised subculture - that of the Wall Street banker - much as anthropologists have traditionally treated remote 'savage' tribes. But using the techniques of ethnography, including interviews, analysis of daily lives, and fieldwork to investigate a modern western culture is not original; what sets Ho's work apart and gives it value is her mastery of the critical thinking skills of problem-solving and creative thinking to reconceptualize the way in which we understand the bankers' mindset. Ho's great achievement is to ask productive questions, most obviously in drawing a distinction between bankers' self-image as capitalist warriors, freeing up value for themselves and shareholders by increasing the liquidity of the assets they invest in, and the social consequences of what they do. As Ho points out, not only is Wall Street institutionally inclined to embrace risk, in order to maximise profit; it is also prone to assume that increased liquidity (most often achieved by breaking up and selling off the parts of a large corporation) is a good in itself, irrespective of the outcomes for the workers actually involved in these disposals. Considering alternative possibilities, and generating fresh solutions, Ho determines that the capitalist principles that underpin Wall Street are myths, not the expression of some natural economic law..

Spis treści

Ways in to the Text  Who is Karen Ho?  What does Liquidated: An Ethnography of Wall Street Say?  Why does Liquidated: An Ethnography of Wall Street Matter?  Section 1: Influences  Module 1: The Author and the Historical Context  Module 2: Academic Context  Module 3: The Problem  Module 4: The Author's Contribution  Section 2: Ideas  Module 5: Main Ideas  Module 6: Secondary Ideas  Module 7: Achievement  Module 8: Place in the Author's Work  Section 3: Impact  Module 9: The First Responses  Module 10: The Evolving Debate  Module 11: Impact and Influence Today  Module 12: Where Next?  Glossary of Terms  People Mentioned in the Text  Works Cited

O autorze

Dr Rodolfo Maggio holds a masters degree in anthropology from the London School of Economics and a PhD in social anthropology from the University of Manchester. He is currently a postdoctoral researcher in the Department of Psychiatry at the University of Oxford.