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Book

Towards a Socioanalysis of Money, Finance and Capitalism

Book

Towards a Socioanalysis of Money, Finance and Capitalism

DOI link for Towards a Socioanalysis of Money, Finance and Capitalism

Towards a Socioanalysis of Money, Finance and Capitalism book

Beneath the Surface of the Financial Industry

Towards a Socioanalysis of Money, Finance and Capitalism

DOI link for Towards a Socioanalysis of Money, Finance and Capitalism

Towards a Socioanalysis of Money, Finance and Capitalism book

Beneath the Surface of the Financial Industry
Edited BySusan Long, Burkard Sievers
Edition 1st Edition
First Published 2011
eBook Published 1 August 2011
Pub. Location London
Imprint Routledge
DOI https://doi.org/10.4324/9780203808153
Pages 432
eBook ISBN 9780203808153
Subjects Behavioral Sciences, Economics, Finance, Business & Industry
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Long, S., & Sievers, B. (Eds.). (2012). Towards a Socioanalysis of Money, Finance and Capitalism: Beneath the Surface of the Financial Industry (1st ed.). Routledge. https://doi.org/10.4324/9780203808153

ABSTRACT

The current global financial crisis has raised awareness of the impact the world of finance has on the economy and the future of democracy. Following the crisis, this book aims at a deep understanding of the human psycho-social dynamics beneath the surface of the financial industry, its markets and institutions. It seeks to understand why the seemingly rational world of economic behavior, with its calculated models and predictions, at times goes horribly wrong.

This book uses the discipline of socio-analysis to explore the meaning of money, markets and the broad financial world that so strongly affects our daily lives. Socio-analysis contributes to an awareness and understanding of underlying unconscious desires, fantasies and illusions that bring about the irrational inflation of faith and trust in the world of money, finance and capital(ism). The insight that the financial crisis ‘was essentially psychological in origin’ (Robert Shiller) and that the world of finance is broadly shaped if not determined by irrational often unconscious factors is not yet broadly shared. This book appears to be one of the first, if not the first contribution that explicitly focuses on what is beneath the surface of money, finance and capital. It invites the reader to explore the financial world in depth.

The aim of this book is to provide businesses, organizational consultants, students, researchers and interested persons more broadly with a detailed exploration of the psycho-social dynamics of the financial industry as it exists currently within the capitalist system. The contributors to this book come from Australia, Denmark, France, Germany, Hungary, Sweden, The Netherlands, UK, and USA.

TABLE OF CONTENTS

chapter 1|16 pages

Introduction

ByBURKARD SIEVERS, SUSAN LONG

part |2 pages

PART I Money

chapter 2|10 pages

What is the value of money?

ByALLAN SHAFER

chapter 3|14 pages

Greed

BySUSAN LONG

chapter 4|15 pages

­ 4­ Money­as­a­fetish:­the­financial­market­crisis­from­a­ psychodynamic perspective

ByCLAUDIA NAGEL

chapter 5|16 pages

Inside the minds of the money minders: deciphering reflections­on­money,­behaviour­and­leadership­in­the­ financial­crisis­of­2007–10­

ByALISON GILL, MANNIE SHER

chapter 6|15 pages

The attempted murder of money and time: Addressing the global systemic banking crisis

ByRICHARD MORGAN ­ JONES

part |2 pages

PART II Finances

chapter 7|14 pages

­ 7­ Towards­a­socioanalysis­of­the­current­financial­crisis­

ByBURKARD SIEVERS

chapter 8|15 pages

Sense- making stories and evaluative cultures of fund managers: evidence from Istanbul

ByEMRE TARIM

chapter 9|15 pages

What, me worry? Deregulation and its discontents: accurate reality­testing­reveals­flaws­to­deregulation­

BySETH ALLCORN AND HOWARD F . STEIN

chapter 10|14 pages

­ The­failure­of­risk­management­in­the­financial­industry:­ the­organization­in­the­mind­of­financial­leaders­

ByBYRON WOOLLEN

chapter 11|14 pages

Risk as present futures: an elaboration on risk and fear PETER PELzER

Edited BySusan Long, Burkard Sievers

chapter 12|15 pages

­ Trading­opportunities­and­risks:­conflicting­methods­of­ coordination in investment banks

ByJESPER BLOMBERG, HANS KJELLBERG, KARIN WINROTH

chapter 13|14 pages

Roles, risks and complexity: An exploration of the triangle institutional investors, executive boards and supervisory boards in the Netherlands

ByERIK VAN D E LOO AND ANGELIEN KEMNA

chapter 14|15 pages

­ When­profit­seeking­trumps­safety:­the­risks­and­ opportunities of liminality in commercial aviation in post- 9/11 America

ByAMY L . FRAHER

chapter 15|14 pages

­ Social­dreams­of­the­financial­crisis­

ByW . GORDON LAWRENCE

chapter 16|16 pages

The consumer credit boom and its aftermath in Hungary: on the changing role of commercial banks SáNDOR TAKáCS

Edited BySusan Long, Burkard Sievers

chapter 17|12 pages

Falling bankers and falling banks: a psychoanalytical exploration­of­the­Phaethon­motif­and­the­fall­in­financial­ careers

ByHANS VAN DEN HOOFF

chapter 18|14 pages

­ Melting­the­iceberg:­unveiling­financial­frames­

ByMARC LENGLET

part |2 pages

PART III Capitalism

chapter 19|13 pages

Pathology of the capitalist spirit

ByDAVID P . LEVINE

chapter 20|14 pages

­ Trust­and­the­global­financial­crisis­

ByDOUGLAS KIRSNER

chapter 21|14 pages

­ The­financial­crisis:­exploring­the­dynamics­of­imagination­ and authority in a post- industrial world

ByLARRY HIRSCHHORN

chapter 22|15 pages

­ Profit­as­organizing­meaning:­the­financial­industry­and­the­ dynamic theory of multiple function

ByIAN S . MILLER

chapter 23|14 pages

Anti- oedipal dynamics in the sub- prime loan debacle: the case of a study by the Boston Federal Reserve Bank

Edited BySusan Long, Burkard Sievers

chapter 24|14 pages

Capitalist imperatives and the democratic capacities’ constraint: an examination of the interface of modern capitalist markets with the world’s largest worker- owned corporation, the Mondragon Corporation of Spain

ByLAURA Y U

chapter 25|14 pages

Market masculinities and electronic trading

ByMATTHIAS KLAES, GEOFF LIGHTFOOT

part |2 pages

Conclusion

chapter 26|14 pages

­ Money,­finances­and­capitalism:­issues­in­organizational­life­ for now and the future

BySUSAN LONG, BURKARD SIEVERS
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