The market for financial derivatives is far and away the largest and most powerful market in the world, and it is growing exponentially. In 1970 the yearly valuation of financial derivatives was only a few million dollars. By 1980 the sum had swollen to nearly one hundred million dollars. By 1990 it had climbed to almost one hundred billion dollars, and in 2000 it approached one hundred trillion. Created and sustained by a small number of European and American banks, corporations, and hedge funds, the derivatives market has an enormous impact on the economies of nations--particularly poorer...

The market for financial derivatives is far and away the largest and most powerful market in the world, and it is growing exponentially. In 1970 the yearly valuation of financial derivatives was only a few million dollars. By 1980 the sum had swollen to nearly one hundred million dollars. By 1990 it had climbed to almost one hundred billion dollars, and in 2000 it approached one hundred trillion. Created and sustained by a small number of European and American banks, corporations, and hedge funds, the derivatives market has an enormous impact on the economies of nations--particularly poorer...

This volume presents a critical appraisal of Bourdieu's work, spanning the fields of sociology, anthropology and cultural studies. The essays show how Bourdieu's voluminous work forms a distinctive intellectual approach, compare Bourdieu's analytic approach to others current in Anglo-American sociology, anthropology and cultural studies, and raise a variety of crucial theoretical questions that are important to understanding Bourdieu.

Although the societies of the New Guinea Highlands have been extensively studied by anthropologists since the Second World War, it is generally acknowledged that a comprehensive explanation of their social structure is yet to emerge. In this book, Edward LiPuma presents an ethnography of Maring social organization in order to develop a generative theory of Highland societies that takes account of both social structure and its reproduction in practice. Arguing for the inseparability of the symbolic and the material, norm and action, and structure and practice, the study has three objectives....