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Virtue, Fortune, and Faith Marieke de Goede

Virtue, Fortune, and Faith By Marieke de Goede

Virtue, Fortune, and Faith by Marieke de Goede


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Condition - Very Good
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Summary

A revealing examination of the often misunderstood history of contemporary financial markets.

Virtue, Fortune, and Faith Summary

Virtue, Fortune, and Faith: A Genealogy of Finance by Marieke de Goede

Less than two centuries ago finance - today viewed as the center of economic necessity and epitome of scientific respectability - stood condemned as disreputable fraud. How this change in status came about, and what it reveals about the nature of finance, is the story told in Virtue, Fortune, and Faith. A unique cultural history of modern financial markets from the early eighteenth century to the present day, the book offers a genealogical reading of the historical insecurities, debates, and controversies that had to be purged from nascent credit practices in order to produce the image of today's coherent and - largely - rational global financial sphere. Marieke de Goede discusses moral, religious, and political transformations that have slowly naturalized the domain of finance. Using a deft integration of feminist and poststructuralist approaches, her book demonstrates that finance - not just its rules of personal engagement, but also its statistics, formulas, instruments, and institutions - is a profoundly cultural and politically contingent practice. When closely examined, the history of finance is one of colonial conquest, sexual imagination, constructions of time, and discourses of legitimate (or illegitimate) profit making. Regardless, this history has had a far-reaching impact on the development of the modern international financial institutions that act as the stewards of the world's economic resources. De Goede explores the political contestations over ideas of time and money; the gendered discourse of credit and credibility; differences among gambling, finance, and speculation; debates over the proper definition of the free market; the meaning of financial crisis; and the morality of speculation. In an era when financial practices are pronounced too specialized for broad-based public, democratic debate, Virtue, Fortune, and Faith questions assumptions about international finance's unchallenged position and effectively exposes its ambiguous scientific authority.

About Marieke de Goede

Marieke de Goede is a lecturer in political history and international relations at the University of Amsterdam.

Table of Contents

Contents PrefaceIntroduction: Money and Representation1. A Genealogy of Finance2. Mastering Lady Credit3. Finance, Gambling, and Speculation4. The Dow Jones Average and the Birth of the Financial Market5. Regulation and Risk in Contemporary Markets6. Repoliticizing Financial PracticesConclusion: Objectivity, Truth, and Irony in the Dot-com BubbleNotesBibliographyIndex

Additional information

GOR009543372
9780816644155
0816644152
Virtue, Fortune, and Faith: A Genealogy of Finance by Marieke de Goede
Used - Very Good
Paperback
University of Minnesota Press
2005-03-01
272
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in very good condition, but if you are not entirely satisfied please get in touch with us

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