Hostname: page-component-78c5997874-mlc7c Total loading time: 0 Render date: 2024-11-10T11:49:27.808Z Has data issue: false hasContentIssue false
  • English
  • Français

Financial times: Competing temporalities in the age of finance capitalism

Published online by Cambridge University Press:  09 November 2023

Christian Kloeckner  and
Stefanie Mueller
Christian Kloeckner*
Affiliation:
University of Bonn, Germany
Stefanie Mueller
Affiliation:
Goethe University Frankfurt, Germany
*
Corresponding author: Christian Kloeckner, Department of English, American, and Celtic Studies, University of Bonn, Regina-Pacis-Weg 5, 53113 Bonn, Germany. Email: c.kloeckner@uni-bonn.de
Rights & Permissions [Opens in a new window]

Abstract

Core share and HTML view are not available for this content. However, as you have access to this content, a full PDF is available via the ‘Save PDF’ action button.

This special issue explores how finance deploys time, structures the future, and interacts with actors and institutions that sometimes function according to very different temporal regimes. Finance capitalism's logic of recurrence, repetitive cycles, and successive ruptures has long been with us, but the essays in this special issue are particularly interested in how recent decades of intensified financialization have restructured temporal experience. They interrogate the production and dissemination of agency in an age of acceleration, risk, and uncertainty, asking how the temporality inscribed in financial transactions emerges from and simultaneously shapes individual and social practice. Topics covered range from the logic of finance and foundational concepts of financial theory to the intersection between objective structures and social practice, the role of literature, and finally questions of social insecurity, political action, and the possibility of resistance within a context of competing temporalities. In this introduction, the editors delineate some fundamental concepts and questions for our financial times.

Keywords

FinancetemporalitytheoryriskuncertaintyUS culture
Type
Editorial
Information
Finance and Society , Volume 4 , Issue 1: Financial times , 2018 , pp. 1 - 14
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NCCreative Common License - ND
This is an Open Access article, distributed under the terms of the Creative Commons Attribution-NonCommercial-No Derivatives licence (http://creativecommons.org/licenses/by-nc-nd/4.0/), which permits noncommercial re-use, distribution, and reproduction in any medium, provided the original work is unaltered and is properly cited. The written permission of Cambridge University Press must be obtained for commercial re-use or in order to create a derivative work.
Copyright
© 2018 The Author(s)

References

Anon. (2010) Diary of a Very Bad Year: Confessions of an Anonymous Hedge Fund Manager. New York, NY: Harper Perennial.Google Scholar
Appadurai, A. (2013) The Future as Cultural Fact: Essays on the Global Condition. London: Verso.Google Scholar
Arrighi, G. (2010) The Long Twentieth Century: Money, Power and the Origins of Our Times. Second edition. London: Verso.Google Scholar
Balibar, É. and Wallerstein, I. (1991) Race, Nation, Class: Ambiguous Identities. London: Verso.Google Scholar
The Big Short (2015) Dir. by McKay, A. Paramount Pictures.Google Scholar
Clover, J. (2011) Autumn of the system: Poetry and financial capital. Journal of Narrative Theory, 41(1): 34–52.CrossRefGoogle Scholar
Crary, J. (2013) 24/7: Late Capitalism and the Ends of Sleep. London: Verso.Google Scholar
Esposito, E. (2011) The Future of Futures: The Time of Money in Financing and Society. Cheltenham: Edward Elgar.CrossRefGoogle Scholar
Fraser, N. (2013) A triple movement? Parsing the politics of crisis after Polanyi. New Left Review, 81: 119–32.Google Scholar
Graeber, D. (2012) Debt: The First 5,000 Years. Brooklyn, NY: Melville.Google Scholar
Guttmann, R. (1994) How Credit-Money Shapes the Economy: The United States in a Global System. Armonk, NY: M.E. Sharpe.Google Scholar
Harvey, D. (1989) The Condition of Postmodernity: An Enquiry into the Origins of Cultural Change. Cambridge: Blackwell.Google Scholar
Heilbronner, R. (1995) Visions of the Future: The Distant Past, Yesterday, Today, Tomorrow. Oxford: Oxford University Press.Google Scholar
Inside Job (2010) Dir. by Ferguson, C.H. Sony Pictures Classics.Google Scholar
Jameson, F. (1997) Culture and finance capital. Critical Inquiry, 24(1): 246–65.CrossRefGoogle Scholar
Jameson, F. (2003) The end of temporality. Critical Inquiry, 29(4): 695–718.CrossRefGoogle Scholar
Jameson, F. (2015) The aesthetics of singularity. New Left Review, 92:101–32.Google Scholar
Kloeckner, C. (2015) Risk and nostalgia: Fictions of the financial crisis. Amerikastudien/American Studies, 60(4): 463–78.Google Scholar
Konings, M. (2015) The Emotional Logic of Capitalism: What Progressives Have Missed. Stanford, CA: Stanford University Press.CrossRefGoogle Scholar
Konings, M. (2018) Capital and Time: For a New Critique of Neoliberal Reason. Stanford, CA: Stanford University Press.Google Scholar
Koselleck, R. (1985) Futures Past: On the Semantics of Historical Time. Cambridge, MA: MIT Press.Google Scholar
Krippner, G.R. (2005) The financialization of the American economy. Socio-Economic Review, 3(2): 173–208.CrossRefGoogle Scholar
La Berge, L. (2015) Scandals and Abstraction: Financial Fiction of the Long 1980s. Oxford: Oxford University Press.Google Scholar
Langenohl, A. (2007) Finanzmarkt und Temporalität: Imaginäre Zeit und die kulturelle Repräsentation der Gesellschaft. Stuttgart: Lucius & Lucius.CrossRefGoogle Scholar
Langley, P. (2008) Sub-prime mortgage lending: A cultural economy. Economy and Society, 37(4): 469–94.CrossRefGoogle Scholar
Lazzarato, M. (2012) The Making of the Indebted Man: An Essay on the Neoliberal Condition. Los Angeles, CA: Semiotext(e).Google Scholar
Lewis, M. (2010) The Big Short: Inside the Doomsday Machine. New York, NY: W.W. Norton and Co.Google Scholar
Margin Call (2011) Dir. by Chandor, J.C. Lionsgate.Google Scholar
Martin, R. (2002) Financialization of Daily Life. Philadelphia, PA: Temple University Press.Google Scholar
Martin, R. (2007) An Empire of Indifference: American War and the Financial Logic of Risk Management. Durham, NC: Duke University Press.Google Scholar
Mishkin, F. S. (2004) The Economics of Money, Banking, and Financial Markets. Seventh edition. Boston, MA: Pearson.Google Scholar
Osborne, P. (1995) The Politics of Time: Modernity and Avant-Garde. London: Verso.Google Scholar
Piketty, T. (2014) Capital in the Twenty-First Century. Cambridge, MA: Harvard University Press.CrossRefGoogle ScholarPubMed
Polanyi, K. (2001/1944) The Great Transformation: The Political and Economic Origins of Our Time. Second edition. Boston, MA: Beacon Press.Google Scholar
Rosa, H. (2010) Alienation and Acceleration: Towards a Critical Theory of Late-Modern Temporality. Malmoe: NSU Press.Google Scholar
Samman, A. (2018) Strange Loops: Producing History in Financial Times. Unpublished manuscript.Google Scholar
Sennett, R. (2006) The Culture of the New Capitalism. New Haven, CT: Yale University Press.Google Scholar
Sewell, W.H. (2008) The temporalities of capitalism. Socio-Economic Review, 6(3): 517–37.CrossRefGoogle Scholar
Shaviro, S. (2015) No Speed Limit: Three Essays on Accelerationism. Minneapolis, MN: University of Minnesota Press.CrossRefGoogle Scholar
Sorkin, A.R. (2010) Too Big To Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System from Crisis—and Themselves. London: Penguin.Google Scholar
Tabb, W. (2012) The Restructuring of Capitalism in Our Time. New York, NY: Columbia University Press.Google Scholar
Vogl, J. (2015) The Specter of Capital. Stanford, CA: Stanford University Press.Google Scholar
Williams, A. and Srnicek, N. (2013) #ACCELERATE: Manifesto for an accelerationist politics. Critical Legal Thinking [Online], 15 May. Available at: <http://criticallegalthinking.com/2013/05/14/accelerate-manifesto-for-an-accelerationist-politics>. Accessed 30 January 2018..+Accessed+30+January+2018.>Google Scholar
The Wolf of Wall Street (2013) Dir. by Scorsese, M. Paramount Pictures.Google Scholar