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Stories of capitalism : inside the role of financial analysts.
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ISBN: 9780226523422 9780226523392 Year: 2018 Publisher: Chicago The University of Chicago Press


Book
Stories of Capitalism : Inside the Role of Financial Analysts
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ISBN: 022652356X 022652339X 022652342X Year: 2018 Publisher: Chicago : University of Chicago Press,

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Abstract

The financial crisis and the recession that followed caught many people off guard, including experts in the financial sector whose jobs involve predicting market fluctuations. Financial analysis offices in most international banks are supposed to forecast the rise or fall of stock prices, the success or failure of investment products, and even the growth or decline of entire national economies. And yet their predictions are heavily disputed. How do they make their forecasts-and do those forecasts have any actual value? Building on recent developments in the social studies of finance, Stories of Capitalism provides the first ethnography of financial analysis. Drawing on two years of fieldwork in a Swiss bank, Stefan Leins argues that financial analysts construct stories of possible economic futures, presenting them as coherent and grounded in expert research and analysis. In so doing, they establish a role for themselves-not necessarily by laying bare empirically verifiable trends but rather by presenting the market as something that makes sense and is worth investing in. Stories of Capitalism is a nuanced look at how banks continue to boost investment-even in unstable markets-and a rare insider's look into the often opaque financial practices that shape the global economy.


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Vorläufige Gewissheiten : Plausibilität als soziokulturelle Praxis

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Wer sich aufmacht, der Rede vom Plausiblen nachzuspüren, kommt zu einem eigenartigen Befund: In Alltag und Wissenschaft sind Aussagen, dass etwas »plausibel« ist, nahezu allgegenwärtig. Auf der anderen Seite zeigt sich, dass wissenschaftliche Konzeptualisierungen der im Begriff anklingenden Bedeutungen selten sind. Der Band bietet daher eine interdisziplinäre kulturwissenschaftliche Erkundung des Konzepts der Plausibilität und der Praxis des Plausibilisierens. Dabei beleuchten die Beiträger*innen soziokulturelle Erscheinungsformen, Modalitäten, Funktionsweisen, Dynamiken und Strategien des Plausibilisierens - jeweils in unterschiedlichen historischen und regionalen Kontexten.

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