Portfolio Society is popular PDF and ePub book, written by Ivan Ascher in 2016-09-02, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Portfolio Society can be Read Online from any device for your convenience.
Portfolio Society Book PDF Summary
A bold extension of Marx's Capital for the twenty-first century: at once a critique of modern finance and of the societies under its spell. As financial markets expand and continue to refashion the world in their own image, the wealth of capitalist societies no longer presents itself, as it did to Karl Marx in the nineteenth century, as a “monstrous collection of commodities.” Instead, it appears as an equally monstrous collection of financial securities, and the critique of political economy must proceed accordingly. But what would it mean to write Capital in the twenty-first century? Are we really to believe that risk, rather than labor, is now regarded as the true fount of economic value? Can it truly be the case that the credit relation—at least in the global North—has replaced the wage relation as the key site of exploitation and political struggle? And finally, if precarity is indeed the name of today's proletarian condition, what possible future does it actually portend, what analysis does it require? Through a series of creative substitutions, in Portfolio Society Ivan Ascherextends Marx's critical project in bold and unexpected ways. Ascher not only explains some of the often mystifying processes of contemporary finance, he also invites us to consider what becomes of capitalism itself in those places where the relation of capital to its own future is now mediated by financial markets. In the end, we may find that much has changed and much has not; relations of domination endure, and mystifications abound, but the devil is in the details, and that is where Ascher directs our attention. At once a critique of modern finance and of the societies under its spell, Portfolio Society succeeds in revealing the potential limits of Capital, while reveling still in its limitless potential.
Detail Book of Portfolio Society PDF
- Author : Ivan Ascher
- Release : 02 September 2016
- Publisher : MIT Press
- ISBN : 9781935408741
- Genre : Business & Economics
- Total Page : 193 pages
- Language : English
- PDF File Size : 15,5 Mb
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