- List of Figures
- List of Tables
- Global Finance And Its Institutional Spaces
- Politics And Financial Markets
- Finance And Institutional Investors
- Business Groups And Financial Markets As Emergent Phenomena
- Central Banking And The Triumph Of Technical Rationality
- What is a financial market? Global markets as microinstitutional and post-traditional social forms
- Auctions And Finance
- Interactions And Decisions In Trading
- Traders And Market Morality
- The Material Sociology Of Arbitrage
- Seeing Through The Eyes Of Others: Dissonance Within And Across Trading Rooms
- Market Efficiency: A Sociological Perspective
- Financial Analysts
- Rating Agencies
- Accounting And Finance
- The International Monetary Regime And Domestic Political Economy: The Origin Of The Global Financial Crisis
- A Long Strange Trip: The State And Mortgage Securitization, 1968–2010
- Dead Pledges: Mortgaging Time And Space
- Financial Crises As Symbols And Rituals
- The Sociology Of Financial Fraud
- The Disunity Of Finance: Alternative Practices To Western Finance
- Islamic Banking And Finance: Alternative Or Façade?
- Geographies Of Finance: The State-Enterprise Clusters Of China
- The Financialization Of Art
- Historical Sociology Of Modern Finance
- Gender And Finance
- The Role Of Confidence In Finance
- Finance In Modern Economic Thought
- Financial Automation, Past, Present, And Future
Abstract and Keywords
This article reviews the ways in which financial crises have resonated in the public sphere, the symbolisms associated with crises, and the ways in which the crisis has impacted the political discourse. The failure (thus far) to enforce, much less appoint, much less even conceive accountability for the current global financial crisis is most puzzling and troubling, since accounts of breaches are essential to the renewal of social order. The general attitude of ‘no-fault’ does not stop financial actors — to some degree, all of us — from continuing to muddle along. We can muddle along, in the spirit of no-fault, without effective cultural response to this financial crisis — but we do so at a cost to our vitality, our fulfillment, our very humanity.
Mark D. Jacobs is Professor of Sociology at George Mason University, where from 1992–9 he was founding director of the first interdisciplinary PhD Program in Cultural Studies in the US. He is a past chair of the Section on the Sociology of Culture of the American Sociological Association, since September 2011 has been vice-chair of the Research Network on Culture of the European Sociological Association, and is the 2010–11 Robin M. Williams Distinguished Lecturer of the Eastern Sociological Society. He has written Screwing the System and Making It Work: Juvenile Justice in the No-Fault Society (1990); collaborated with Gerald D. Suttles on Front-Page Economics (2010); and coedited The Blackwell Companion to the Sociology of Culture (2005).
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