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Book Synopsis
There is a link between finance and paranoia, and that link may well be inescapable. At the core of financial imagination lies a notion of value of value creation' that is loaded with trouble. This is the trouble of a fragile metaphor: a metaphor of fecund money and future return, of true value and false value, of true value that should be protected from the perils of dilapidation, expropriation and speculation, but whose substance is in fact nowhere to be found. Contemporary conspiratorial, millennialist discourse on money, banking and wealth does not embody a delirious misrepresentation of the logic of finance: rather, it exacerbates the paranoid potentials inherent in mainstream financial imagination. This is the radical hypothesis developed in this book: that of paranoid finance as a sedimentation of the demons that haunt the conventional categories of financial value. Tutorials abound today that guarantee access to secret knowledge about the financial system, to magical

Paranoid Finance

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    A Hardback by Fabian Muniesa

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      Book details

      Publisher John Wiley and Sons Ltd
      Published 9/27/2024
      ISBN-13 9781509561162
      978-1509561162
      ISBN-10 1509561161
      Also in:
      Sociology and anthropology

      Description

      Book Synopsis
      There is a link between finance and paranoia, and that link may well be inescapable. At the core of financial imagination lies a notion of value of value creation' that is loaded with trouble. This is the trouble of a fragile metaphor: a metaphor of fecund money and future return, of true value and false value, of true value that should be protected from the perils of dilapidation, expropriation and speculation, but whose substance is in fact nowhere to be found. Contemporary conspiratorial, millennialist discourse on money, banking and wealth does not embody a delirious misrepresentation of the logic of finance: rather, it exacerbates the paranoid potentials inherent in mainstream financial imagination. This is the radical hypothesis developed in this book: that of paranoid finance as a sedimentation of the demons that haunt the conventional categories of financial value. Tutorials abound today that guarantee access to secret knowledge about the financial system, to magical

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