The performativity of the yield curve     

Brett Christophers 《Journal of Cultural Economy》2017,10(1):63-80

This article explores the wide-ranging influence of the yield curve – a diagrammatic device for representing the term structure of effective interest rates on market-traded debt instruments – in contemporary monetary, financial and economic life. Drawing on the expanding literature on financial performativity, including within the field of cultural economy, the article submits that by virtue of its centrality to multiple, closely interconnected and often highly recursive sets of relations between economies, financial markets and central banks, the yield curve is performative at a range of different levels; and, parsing various different extant understandings of performativity, the article theorizes the particular nature of such performativity in the yield curve context. Against the grain of the bulk of the literature on financial performativity, however, the article also endeavors to connect the yield curve’s performativity explicitly to questions of privilege (the privileges of representation) and power (the power to perform) and their unequal distribution. That is to say, the article argues that to understand the multidimensional performativity of the yield curve, we need to draw out its political as well as cultural economy.  相似文献   

Revulsion and awe: charting the development of the moral economy of capitalism and its hero in the American imagination,from the protestant ethic to ecstasy of the entrepreneur     

David Hancock 《Journal of Cultural Economy》2017,10(2):136-149

ABSTRACT

The spirit of capitalism shifted throughout the twentieth century, Boltanski and Chiapello place it sometime in the period between the 1960s and 1990s [2005, The New Spirit of Capitalism, Verso, London], for Bell it had happened by the mid-1970s and its contradictions were already apparent [1998, The Cultural Contradictions of Capitalism, Basic Books, New York]. David Harvey is more specific and cites 1979 as the dawn of the new era [2005, The New Spirit of Capitalism, Verso, London]. This paper seeks to build on this scholarship of the changing spirit of capitalism and read it through the development of the heroic figure of the American imagination, through the representation of the capitalist hero. Its aim is to situate the figure of the capitalist hero in the post-crash era and ultimately to understand the seductive power of the new capitalism that enables it to thrive. My thesis is that the seductive power of the new capitalism can be understood as an oscillation between revulsion and awe, we are both morally repulsed by the venality of capitalism yet also captivated by it. Revulsion and awe are at the core of the libidinality of the new capitalism and can be seen through the representation of the heroic object of the capitalist imagination.  相似文献   

Ali–Frazier 1: Black Gladiators,White Promoters,and the Economics of Big-Time Boxing     

Gregory Kaliss 《国际体育史杂志》2017,34(11):1003-1019

Abstract

The March 1971 heavyweight championship bout between undefeated black boxers Muhammad Ali and Joe Frazier elicited numerous responses. Ali, because of his brash persona, refusal to be drafted into the Vietnam War, and outspoken criticisms of white racism, had become a potent symbol of 1960s rebellion and Black Power. Frazier, by claiming the heavyweight championship while Ali was banished, cozying up to white politicians, and refusing to criticize the US government, made himself a worthy foil for Ali’s politics. But as the rhetoric surrounding the fight intensified, regarding black masculinity, patriotism, and community pride, one key aspect of the fight opened up debates in a surprising realm: the economics of black athletes and the possibilities and limitations of black capitalism. In an era when black capitalist programmes emerged nationwide, and when African-American athletes took on more vocal roles as community activists, the battles over the bout’s financial promotion became intense. While the boxers took home an unprecedented $2.5 million each for their participation, total revenues reached nearly $30 million. Discussions of the fight’s payout shed light on a wide range of economic issues facing the black community, and some of the unresolved issues in the quest for civil rights.  相似文献   

Indonesia’s original sin: mass killings and capitalist expansion, 1965–66     

Hilmar Farid 《Inter-Asia Cultural Studies》2013,14(1):3-16

Following an aborted coup attempt in October 1965, the Indonesian military organized what turned out to be one of the most horrifying massacres of the twentieth century. More than half a million people were killed while hundreds of thousands of others were detained for years in prison camps throughout the country. There are two major points that this paper attempts to make. First, that the killings are in fact a case of state violence despite of the efforts to make it look like spontaneous violence. Second, that the killings are crucial to the expansion of capitalism in Indonesia. Using Marx’s concept of ‘primitive accumulation’, it attempts to show that the mass killings and arrests, the expropriation of people from their houses and lands, and the elimination of working‐class political formations, are integral parts of an economic strategy of the New Order.  相似文献   

“We bleed for female empowerment”: mediated ethics,commodity feminism,and the contradictions of feminist politics     

Lisa A. Daily 《传播与批判/文化研究》2019,16(2):140-158

Discourses of female empowerment are increasingly prominent within ethical capitalism, which seeks to remedy global crises with private-sector solutions and their commodities. This article examines the intersecting manifestations of female empowerment, commodity activism, and ethical capitalism with case studies on Born Free Africa, a fashion collection combatting mother-to-child HIV transmission, and THINX, which sells “period-proof” panties. Each company articulates empowerment through a binary between the Western feminist savior and “in-need” woman of the global south. This article argues that this iteration of empowerment not only reinforces logics of neo-colonial capitalism, but also masks disciplinary regimes for individual feminine subjects.  相似文献   

有机马克思主义对资本主义主流价值观的五大批判     

冯燕芳  贺永康 《保定学院学报》2021,(2)

有机马克思主义出现在全球性生态危机日益严重的时代背景之下。有机马克思主义认为资本主义及其价值观是生态危机形成的根源。为了克服日益严重的生态危机,有机马克思主义对资本主义极端个人主义价值观、自由观、人权观、民主观、正义观进行了深刻的批判,还分别建构了与改良生态相适应的价值观。有机马克思主义对资本主义价值观的批判对于克服全球性生态危机、促进人类与自然的良好发展具有一定的意义,但也不能从根本上解决生态问题。  相似文献   

When ‘national innovation system’ meet ‘varieties of capitalism’ arguments on labour qualifications: On the skill types and scientific knowledge needed for radical and incremental product innovations     

Andrea M. HerrmannAuthor Vitae  Alexander PeineAuthor Vitae 《Research Policy》2011,40(5):687-701

The literatures on ‘varieties of capitalism’ (VoC) and ‘national innovation systems’ (NIS) propose very similar arguments about how firms require different types of labour qualifications to pursue strategies of radical product innovation (RPI), incremental product innovation (IPI), and product imitation (PI) respectively. Despite their similar lines of reasoning, however, the VoC scholars are concerned with the skill profiles of a firm's entire workforce, whereas the NIS proponents focus on the knowledge base of scientists. Given that both literatures have developed without explicitly taking the arguments of the neighbouring discipline into account, it is thus unclear whether they explain the same, or different, phenomena. Furthermore, both literatures propose firm level arguments but test them on the basis of macro- rather than micro-level indicators. This paper therefore asks: first, does micro-level evidence support the VoC and NIS arguments that particular types of employee skills and knowledge backgrounds of scientists are needed for different competitive strategies? And, if so, do RPI, IPI, and PI firms need to employ scientists in combination with a workforce having the respective qualifications, or is it sufficient if scientists or employees alone are adequately qualified. Quantitative analyses indicate that a particular mix of scientific knowledge combined with employee skills facilitate RPI, IPI, and PI strategies. The article thus concludes that - despite their similar reasoning - the VoC and the NIS literatures indeed describe different phenomena, without being aware of the synergies created whenever adequate employee and scientific qualifications are hired together.  相似文献   

论转型时期英国乡绅阶层的农业经营     

周林锋 《常熟理工学院学报》2014,(1):117-120

中世纪后期及近代社会早期,是英国从传统的农业文明向近代的工业文明过渡的重要时期。这一时期的英国乡绅阶层,在王权集中、商品经济发展的过程中发展壮大。在乡村中,他们所采取的生产方式也不同于大土地生产者,他们积极创新更具效率的生产方式,这种生产方式被看作是资本主义生产方式的雏形,对资本主义的发展、英国社会的现代化产生了重要影响。  相似文献   

康有为、章太炎政治思想之比较   总被引：2，自引：0，他引：2  

李贵忠 《内蒙古师范大学学报(哲学社会科学版)》2003,32(2):49-55

笔者通过对康有为、章太炎政治思想的比较研究，揭示了这两位近代著名思想家政治思想的相同和相异之处。相异之处是：不同的社会变革途径和目标，理论的偏重点不同，理论性格不同，理论的阶级领向性不同，对资本主义议会制希法不同。相同之处是：政治思想都具有先进性，反封建思想启蒙缺乏力度，忽视人民群众的力量，夸大了主观意志在社会变革中的作用，思想上具有向封建主义回归的倾向。在此基础上，结合当时的社会资景，进一步分析了产生异同的社会政治经济根源，总结了中国近代政治变革史上的一些经验和教训，提供了一些在社会主义现代化建设中可资借鉴的启示。  相似文献   

当代资本主义的新特点     

李贞霞 《杨凌职业技术学院学报》2004,3(1):72-74

从政府部门的宏观调控、经济全球化、产业结构变化和社会福利保障体系四个方面，分析了当代资本主义的新特点；并从当代资本主义的社会、科技和国际环境等内外因素讨论了新特点产生的根源。  相似文献