The time that money requires: Use of the future and critique of the present in financial valuation
Dados Bibliográficos
AUTOR(ES) | |
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ANO | Não informado |
TIPO | Book |
ADICIONADO EM | 2025-08-31 |
Resumo
The future is persistently considered in the sociology of finance from two divergent, problematic angles. The first approach supplements financial reasoning with an acknowledgement of the expectations needed to cope with an uncertain future and justify investment decisions. The second, often labelled critical, sees in the logic of finance a negation of the future and an exacerbation of the valuation of the present. This impasse, the authors suggest, can be resolved by considering the language of future value, inherent to a financial view, as a political technology. Through examining significant episodes in the history of financial reasoning on future value, they explore a main philosophical implication: the medium of temporality, understood as a temporal progression within which projects and expectations unfold, is not a condition for but a consequence of the idea of financial valuation.