ABSTRACT

Just as globalisation and neoliberalism were understood to be the ­defining dynamics of late global capitalism and thus became key conceptual rubrics through which many critical scholars approached the massive shifts in the global social economy at the end of twentieth century; in the contemporary moment, the concept of financialisation has taken on this role. As Fredrik Barth has long argued with regard to the social construction of ethnicity, boundaries index the presence and politics of group-making that are not natural but rather reflect cultural decisions about who or what is included in particular social domains. It is interesting to note the double standard: when it comes to categories of people, with specific ideas about corporate governance, their crossing into finance is more heavily policed, and yet when financial ideas transgress multiple social domains, that boundary crossing is presumed to be proper regulation of the normal order of things.