Description: Financial Derivatives and the Globalization of Risk by Benjamin Lee, Edward LiPuma Estimated delivery 3-12 business days Format Paperback Condition Brand New Description Cultural studies exploration of the implications of the circulation of increasingly abstract forms of capital in the contemporary global economy. Publisher Description The market for financial derivatives - including currency swaps, stock options, and commodities futures - is far and away the largest and most powerful market in the world, and it is growing exponentially. In 1970 the yearly valuation of financial derivatives was probably only a few million dollars. By 1980 the sum had swollen to nearly one hundred million dollars. By 1990 it had climbed to nearly one hundred billion dollars, and in 2000 it approached one hundred trillion. Created and sustained by a small number of European and American banks, corporations, and hedge funds, the derivatives market has an enormous influence on the economies of nations, because it controls the price of money. Derivatives bought and sold by computer keystrokes in London and New York affect the price of housing in Johannesburg, Kuala Lumpur, and Buenos Aires. Arguing that social theorists concerned with globalization must familiarize themselves with the mechanisms of a world economy based on the rapid circulation of capital, Edward LiPuma and Benjamin Lee provide a concise introduction to financial derivatives.LiPuma and Lee describe the derivative as the primary financial instrument of a global economy based on the circulation of a large, voracious pool of speculative capital and an extremely abstract notion of risk. Emphasizing the relation - or lack of relation - of derivatives to production-oriented, labour-based economies, LiPuma and Lee trace the implications of todays culture of financial circulation for the ongoing construction of democratic governance across the postcolonial divide. While regional crises and spectacular corporate failures - including the collapse of Argentinas peso and the demise of the Enron Corporation - periodically put derivatives trading in the news, LiPuma and Lee seek to catalyze sustained cultural analysis of its staggering social and economic effects. Author Biography Edward LiPuma is Professor of Anthropology at the University of Miami. He is the author of Encompassing Others: The Magic of Modernity in Melanesia and coeditor of Bourdieu: Critical Perspectives.Benjamin Lee is Professor of Anthropology and Philosophy at New School University and Dean of its Graduate Faculty of Political and Social Science. He is the author of Talking Heads: Language, Metalanguage, and the Semiotics of Subjectivity (published by Duke University Press) and coeditor of Semiotics, Self, and Society. Details ISBN 0822334186 ISBN-13 9780822334187 Title Financial Derivatives and the Globalization of Risk Author Benjamin Lee, Edward LiPuma Format Paperback Year 2004 Pages 224 Publisher Duke University Press GE_Item_ID:139024341; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys
Price: 39.58 USD
Location: Fairfield, Ohio
End Time: 2024-11-03T21:02:46.000Z
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Restocking Fee: No
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money Back
ISBN-13: 9780822334187
Book Title: Financial Derivatives and the Globalization of Risk
Number of Pages: 224 Pages
Publication Name: Financial Derivatives and the Globalization of Risk
Language: English
Publisher: Duke University Press
Item Height: 0.5 in
Publication Year: 2004
Subject: Investments & Securities / Derivatives, Globalization, Decision-Making & Problem Solving, Industries / Financial Services, Investments & Securities / General
Type: Textbook
Item Weight: 9.6 Oz
Author: Benjamin Lee, Edward Lipuma
Item Length: 8 in
Subject Area: Political Science, Business & Economics
Series: Public Planet Bks.
Item Width: 5.4 in
Format: Trade Paperback
