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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Rishi Rajpopat, "Panini's Perfect Rule: A Modern Solution to an Ancient Problem in Sanskrit Grammar" (Harvard UP, 2025)

Rishi Rajpopat, "Panini's Perfect Rule: A Modern Solution to an Ancient Problem in Sanskrit Grammar" (Harvard UP, 2025)

Panini’s Ashtadyayi is one of the most famous works in Sanskrit, a so-called “linguistic machine” that, through its 4,000 words, allows someone to generate words and grammar. Generations of commentato...

9 Huhti 41min

Leslie Barnes, "Sex Work in Southeast Asia: Scenes of Ambivalence in Literature and Film" (Edinburgh UP, 2025)

Leslie Barnes, "Sex Work in Southeast Asia: Scenes of Ambivalence in Literature and Film" (Edinburgh UP, 2025)

In Sex Work in Southeast Asia: Scenes of Ambivalence in Literature and Film (Edinburgh UP, 2025), Leslie Barnes examines the ambivalences that mark Southeast Asian sex industries under global imperial...

7 Huhti 1h 22min

Michaela Hulstyn, "Unselfing: Global French Literature at the Limits of Consciousness" (U Toronto Press, 2022)

Michaela Hulstyn, "Unselfing: Global French Literature at the Limits of Consciousness" (U Toronto Press, 2022)

Altered states of consciousness – including experiences of deprivation, pain, hallucination, fear, desire, alienation, and spiritual transcendence – can transform the ordinary experience of selfhood. ...

7 Huhti 37min

Andrew Lister, "Justice and Reciprocity" (Oxford UP, 2024)

Andrew Lister, "Justice and Reciprocity" (Oxford UP, 2024)

Andrew Lister's Justice and Reciprocity (Oxford University Press, 2024) examines the place of reciprocity in egalitarianism, focusing on John Rawls's conception of "justice as fairness." Reciprocity w...

5 Huhti 1h 11min

Eivind Røssaak, "The Cory Arcangel Hack: Digital Culture and Aesthetic Practice" (MIT Press, 2025)

Eivind Røssaak, "The Cory Arcangel Hack: Digital Culture and Aesthetic Practice" (MIT Press, 2025)

The first in-depth exploration of the work of artist Cory Arcangel, a pioneer of DIY-new media art whose influential “hacks” subvert the confines of Big Tech. Cory Arcangel (b. 1978)—perhaps best kno...

4 Huhti 43min

Amir Saemi, "Morality and Revelation in Islamic Thought and Beyond: A New Problem of Evil" (Oxford UP, 2024)

Amir Saemi, "Morality and Revelation in Islamic Thought and Beyond: A New Problem of Evil" (Oxford UP, 2024)

Amir Saemi’s exciting book Morality and Revelation in Islamic Thought and Beyond: A New Problem of Evil (Oxford UP, 2024) is a fascinating and deeply thought-provoking study that challenges how we thi...

4 Huhti 1h 29min

Daniel Rachel, "This Ain't Rock 'n' Roll: Pop Music, the Swastika, and the Third Reich" (Akashic Books, 2026)

Daniel Rachel, "This Ain't Rock 'n' Roll: Pop Music, the Swastika, and the Third Reich" (Akashic Books, 2026)

Over the last seven decades, some of rock 'n' roll's most celebrated figureheads have flirted with the imagery and theater of the Third Reich. From Keith Moon and Vivian Stanshall kitting themselves o...

4 Huhti 57min

Pre-Reading

Pre-Reading

In this episode of High Theory, Milan Terlunen talks to Kim about Pre-Reading. There are many books we will never read and films we will never watch, but it turns out we know quite a bit about them in...

30 Maalis 20min

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