Ivan Ascher, “Portfolio Society: A Capitalist Mode of Prediction” (Zone Books, 2016)

Ivan Ascher, “Portfolio Society: A Capitalist Mode of Prediction” (Zone Books, 2016)

Is Marx still relevant? Any social scientist will answer with a resounding yes! In what he refers to as a thought experiment, Ivan Ascher uses Marx to understand the financial market. In Portfolio Society: A Capitalist Mode of Prediction (Zone Books, 2016), Ascher focuses on the arc and narratives found in Capital, using them to analyze risk, credit, and the financial market downfall of 2008. Ascher encourages the reader to explore how we might be able to understand what is going on today by looking back at Marx’s understanding of capitalism. The reader will come across familiar characters, like moneybags and vampires, and familiar concepts from Marx, like fetishism and co-dependence within the market. The nice thing about this book is that you do not need prior knowledge of Marx or financial markets, though those who have knowledge of either or both will still find great pleasure in this thought experiment. This book would be enjoyed by sociologists or political scientists in general, alongside those interested in financial markets. It would be especially useful in a theory course where students could make connections between Marx and Ascher’s narratives. Sarah E. Patterson is a postdoc at the University of Western Ontario. You can follow and tweet her at @spattersearch. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory

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Thomas Xavier Sarmiento, "The Heartland of US Empire: Race, Region, and the Queer Filipinx Midwest" (Temple UP, 2026)

Thomas Xavier Sarmiento, "The Heartland of US Empire: Race, Region, and the Queer Filipinx Midwest" (Temple UP, 2026)

Published by Temple University Press in 2026, The Heartland of US Empire: Race, Region, and the Queer Filipinx Midwest examines Filipinx cultural representations in the Midwest since the early twent...

23 Touko 1h 3min

Utku Balaban, "Industrial Islamism: How Authoritarian Movements Mobilize Workers" (U California Press, 2025)

Utku Balaban, "Industrial Islamism: How Authoritarian Movements Mobilize Workers" (U California Press, 2025)

What explains the rise of religious populism in contemporary Turkish politics and society? How does industrialization help to explain change and continuity in social and religious life in Muslim maj...

21 Touko 1h 20min

Shyam Ranganathan, "Moral Philosophy and De-Colonialism: The Irrationality of Oppression" (Bloomsbury Academic, 2026)

Shyam Ranganathan, "Moral Philosophy and De-Colonialism: The Irrationality of Oppression" (Bloomsbury Academic, 2026)

Why have moral philosophers largely ignored colonialism? In Moral Philosophy and De-Colonialism: The Irrationality of Oppression (Bloomsbury Academic, 2026), Shyam Ranganathan tells the story of moral...

21 Touko 53min

Hugo Drochon, "Elites and Democracy" (Princeton UP, 2026)

Hugo Drochon, "Elites and Democracy" (Princeton UP, 2026)

A central paradox of democracies is that they are always ruled by elites. What can democracy mean in this context? Today, it is often said that a populist revolt against elites is driving democratic...

21 Touko 1h 4min

Angharad N. Valdivia and Isabel Molina-Guzmán, "Rebooting Inequality: Critical Takes on Film and Television Remakes" (NYU Press, 2026)

Angharad N. Valdivia and Isabel Molina-Guzmán, "Rebooting Inequality: Critical Takes on Film and Television Remakes" (NYU Press, 2026)

From Ghostbusters to Will & Grace, One Day at a Time to Jurassic Park, the past decade has seen Hollywood reach a new peak in its obsession with reboots, remakes, and revivals. Spearheaded by media gi...

20 Touko 1h 32min

Brett Neilson, "The Rest and the West: Capital and Power in a Multipolar World" (Verso, 2024)

Brett Neilson, "The Rest and the West: Capital and Power in a Multipolar World" (Verso, 2024)

At the heart of the fiercest international conflicts is the struggle for the future of globalization. In the wake of a pandemic that tested economies and societies, geopolitical conflict has taken o...

20 Touko 56min

Benjamin Dalton, "Catherine Malabou and Contemporary French Literature and Film: Witnessing Plasticity" (Edinburgh UP, 2026)

Benjamin Dalton, "Catherine Malabou and Contemporary French Literature and Film: Witnessing Plasticity" (Edinburgh UP, 2026)

Our bodies and brains are radically transformable, mutable and plastic. From the neuroplasticity of the brain to the epigenetic malleability of our bodies and of all organic life, the work of the cont...

18 Touko 1h 29min

Drew M. Dalton, "The Matter of Evil: From Speculative Realism to Ethical Pessimism" (Northwestern UP, 2024)

Drew M. Dalton, "The Matter of Evil: From Speculative Realism to Ethical Pessimism" (Northwestern UP, 2024)

Most of us today would assume that morality and ethics, being value propositions, are questions for inspired leaders, religious creeds, poets—in other words, for the humanities. But what if I told you...

17 Touko 1h 12min

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