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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Amanda Anderson and Simon During, "Humanities Theory" (Oxford UP, 2026)

Amanda Anderson and Simon During, "Humanities Theory" (Oxford UP, 2026)

Humanities Theory (Oxford UP, 2026) pioneers a new topic: the theory of the humanities. It is an urgent topic right now because the humanities face a suite of forceful new challenges and are in a peri...

17 Huhti 1h 8min

Alisa Kessel, "Rape Fantasies: Rape Culture and the Persistence of Sexual Violence" (Oxford UP, 2025)

Alisa Kessel, "Rape Fantasies: Rape Culture and the Persistence of Sexual Violence" (Oxford UP, 2025)

Political theorist Alisa Kessel (University of Puget Sound) has an important and impressive new book, Rape Fantasies: Rape Culture and the Persistence of Sexual Violence. Kessel’s research grew out of...

16 Huhti 1h 13min

Devika Dutt et al., "Decolonizing Economics: An Introduction" (Polity Press, 2025)

Devika Dutt et al., "Decolonizing Economics: An Introduction" (Polity Press, 2025)

Decolonization has long been debated across the social sciences, but the economics discipline has so far avoided such critical engagement. Decolonizing Economics: An Introduction (Polity, 2024) provi...

15 Huhti 1h 8min

Donald Sassoon, "Revolutions: A New History" (Verso Books, 2025)

Donald Sassoon, "Revolutions: A New History" (Verso Books, 2025)

Revolutions: A New History (Verso Books, 2025) is a sparkling account of political upheaval and the power of history. We think of revolutions in terms of fleeting events, such as the fall of the Basti...

14 Huhti 55min

Lisa Siraganian, "The Problem of Personhood: Giving Rights to Trees, Corporations, and Robots" (Verso, 2026)

Lisa Siraganian, "The Problem of Personhood: Giving Rights to Trees, Corporations, and Robots" (Verso, 2026)

Over the last twenty-five years, the concept of per-sonhood has become central to many contentious debates. Corporations have won free speech protections, as if they were individuals. The right to lif...

14 Huhti 44min

Voices from a Century of Struggle: Writings of the Jim Crow Era

Voices from a Century of Struggle: Writings of the Jim Crow Era

Tuesday, April 7, 2026—Confronting disenfranchisement, legal segregation, and terrorist violence in the aftermath of the Civil War, Black Americans challenged white supremacy in word and deed in a pro...

14 Huhti 1h 1min

Decolonizing the Novum

Decolonizing the Novum

In this episode of High Theory, Zac Zimmer talks to Kim about Decolonizing the Novum. The novum is a concept developed by Darko Suvin that names the new element of a science fiction or speculative fic...

13 Huhti 22min

Jasper Bernes, "The Future of Revolution: Communist Prospects from the Paris Commune to the George Floyd Uprising" (Verso Books, 2025)

Jasper Bernes, "The Future of Revolution: Communist Prospects from the Paris Commune to the George Floyd Uprising" (Verso Books, 2025)

How might a twenty-first-century revolution against class society succeed? Communism comes from the future, but its hopes haunt our past. Reading revolutionary history from the Paris Commune to the G...

12 Huhti 1h 19min

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