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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Episoder(2247)

Rebecca Newberger Goldstein, "The Mattering Instinct: How Our Deepest Longing Drives Us and Divides Us" (Liveright Publishing, 2026)

Rebecca Newberger Goldstein, "The Mattering Instinct: How Our Deepest Longing Drives Us and Divides Us" (Liveright Publishing, 2026)

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Julia Bowes, "Every Man's Home a Castle: Parental Rights and the Makings of Modern Conservatism" (Princeton UP, 2026)

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Angela Dimitrakaki, "Feminism. Art. Capitalism" (Pluto Press, 2026)

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6 Mai 41min

James Q. Whitman, "Masters of Slaves to Lords of Lands: The Transformation of Ownership in the Western World" (Cambridge UP, 2025)

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4 Mai 54min

Alana Lentin, "The New Racial Regime: Recalibrations of White Supremacy" (Pluto Books, 2025)

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4 Mai 1h 21min

Patrick Brodie and Darin Barney eds., "Media Rurality" (Duke UP, 2026)

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3 Mai 1h 17min

D. Vance Smith, "Atlas’s Bones: The African Foundations of Europe" (U Chicago Press, 2025)

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2 Mai 1h 10min

Jason R. Young, "The Mask of Memory: White Racial Fantasy After the Civil War" (UNC Press, 2026)

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In the early twentieth century, a group of white writers, artists, and performers from the cultural hub of Charleston, South Carolina, created and curated a highly sanitized view of slavery. They imag...

2 Mai 0s

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