ABSTRACT

There has been an increasing interest in financial markets across sociology, history, anthropology, cultural studies, and related disciplines over the past decades, with particular intensity since the 2007–2008 crisis which prompted new analyses of the workings of financial markets and how “scandals of Wall Street” might have huge societal ramifications. The sociologically inclined landscape of finance studies is characterized by different more or less well- established homogeneous camps, with more micro-empirical, social studies of finance approaches on the one end of the spectrum and more theoretical, often neo-Marxist approaches, on the other.

Yet alternative approaches are also gaining traction, including work that emphasizes the cultural homologies and interconnections with finance as well as work that, more broadly, is both empirically rigorous and theoretically ambitious. Importantly, across these various approaches to finance, a growing body of literature is taking shape which engages finance in a critical manner.

The term “critical finance studies” nonetheless remains largely unfocused and undefined. Against this backdrop, the key rationales of The Routledge Handbook of Critical Finance Studies are firstly to provide a coherent notion of this emergent field and secondly to demonstrate its analytical usefulness across a wide range of central aspects of contemporary finance.

As such, the volume will offer a comprehensive guide to students and academics on the field of Finance and Critical Finance Studies, Heterodox Economics, Accounting, and related Management disciplines.

Chapter 14 of this book is freely available as a downloadable Open Access PDF at https://www.taylorfrancis.com under a Creative Commons Attribution-Non Commercial-No Derivatives (CC-BY-NC-ND) 4.0 license. 

chapter |25 pages

Introduction

What is Critical Finance Studies?

part I|107 pages

Key Concepts

chapter 1|17 pages

Liquidity

chapter 2|27 pages

Volatility

chapter 3|23 pages

Speculation

chapter 4|19 pages

Financial Noise

part II|123 pages

Central Actors and Institutions

chapter 6|17 pages

Financial Regulation

chapter 7|19 pages

Central Banking

chapter 9|19 pages

Financial Intermediaries

chapter 10|17 pages

Private Equity

chapter 11|16 pages

Financial Models

chapter 12|14 pages

High-Frequency Trading

part III|155 pages

Financialization