Sources of Financial Sociability
Networks, Ecological Systems or Diligent Risk Preparedness
Bibliographic Data
| ID | 2181237 |
|---|---|
| Authors | Grahame Thompson (North-West State Technical University, corresponding author) |
| Year | 2011 |
| Volume | 4 |
| Issue | 4 |
| Pages | 405-421 |
| Publication date | 2011-11-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Cultural Economy (JOURNAL) |
| Journal identifiers | ISSN: 1753-0350 • E-ISSN: 1753-0369 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/17530350.2011.609699 |
| OpenAlex | W1599772313 |
| Language | EN |
| Citations received | 11 |
| References cited | 45 |
This article investigates the sources of sociability in modern financial systems as a prelude to assessing the prospects for financial regulation. Three sources are identified: sociality dependent upon contract, upon relational interdependency, and upon the operation of will and passion. Each of these would provide its own rationale for regulation but it is the third that is stressed here as a radical conception, one that needs to be more fully addressed than has so far proved possible in an analytical context. And it is this conception that connects most closely to a second overall theme of the article which is to explore further the nature of ‘irrationality’ as manifest in financial crises. When the contours of both these aspects of financial calculation have been elaborated, the article moves on to consider how they might shape regulatory responses to the seeming inevitability of financial crises in modern capitalist economies
Business · Economics · Financial system · Financialization · Banking stability, regulation, efficiency · Financial Literacy, Pension, Retirement Analysis · Housing Market and Economics · Finance
Non-resonating cycles in a dynamic model for investment behavior
After virtù and fortuna
Imaginary failure
Sleeping with the enemy? On Hayek, constructivist thought, and the current economic crisis
Veblen, Bataille and Financial Innovation
Financial contagion
Doing economics otherwise, from one crisis to the next
Shadow banking
Cultural Economy, Capitalism and the Logic of the Public Sphere
From Artisan to Partisan
Learning to fail
This Time Is Different
Systemic risk in banking ecosystems
Resilience and Stability of Ecological Systems
An Engine, Not a Camera
A Theory of Justice
The Soul of Modern Economic Man
Politics of Catastrophe
The Global Regulatory Consequences of an Irrational Crisis
Reliability at Risk
Kant's Regional Cosmopolitanism
Financial Globalisation’ and the ‘Crisis’
Constitutional Democracy
The Banking Crisis
Distributed Preparedness
From Efficient Markets Theory to Behavioral Finance
Deciphering the Liquidity and Credit Crunch 2007-2008
Human Nature in Politics
The Passions and the Interests
Interrogating the Current Financial Crisis Introduction
Governing insecurity
Religious fundamentalisms, territories and 'globalization
| Unique citing works | 11 |
|---|---|
| Citations per year | 0,79 |
| Citation span | 2012 - 2022 (11) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 11 |