Conference session announcement: “Organizing global and domestic finances”
October 14, 2011
“Second ISA Forum of Sociology Social justice and democratization”. Buenos Aires, Argentina. August 1-4, 2012.
Organizing global and domestic finances
Joint session of RC02 Economy and Society and RC17 Sociology of Organizations
Session in English
Jose OSSANDON, Universidad Diego Portales, Chile, email@example.com
Liz MCFALL, Open University, United Kingdom, firstname.lastname@example.org, RC17
Recent fluctuations in finance have important implications for contemporary sociology. The impressive technological transformation of financial markets since the 70s attracted the attention of Science and Technology (STS) scholars who have made a very convincing case for introducing non human agents (such as: screens, formulae, trading rooms, and economics itself) as essential characters of economic lives. Related work has drawn attention to the processes through which an apparently ever increasing array of objects are measured, calculated, valued, qualified, financialised or in some other sense `economized`.
More recently, the sub-prime crisis has dramatically exposed how finance is not just a dis-embedded game played by a global elite, but is intricately tied to domestic economies. In this context, increasing sociological attention is given to the analysis of retail finance (such as mortgage and consumer credit) and insurance, and the complex socio-technical chains that connect these services (through risk ratings, securitization, and even public guaranteed credit) and global markets.
Finally, the crisis has become a compulsory impulse to rethink classical concerns in economic and organisational sociology, such as the relationship between the economic and the `social`, between regulations and the management of technological uncertainty and the balance between market, quasi-market and non-market players in the organization of global finance. What all these developments point to is the significance of the techniques, technologies, processes and practices which combine to organize global and domestic finance. Papers responding to or extending these issues are welcome.
New Submissions may be entered until:
Thursday, December 15, 2011 at 11:59pm (EST).