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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Patricia Daley and Ian Klinke, "Human Geography: A Very Short Introduction" (Oxford UP, 2025)

Patricia Daley and Ian Klinke, "Human Geography: A Very Short Introduction" (Oxford UP, 2025)

Human geography offers answers to some of the most important challenges of our time. To understand contemporary struggles over global economic inequality, forced migration, racial injustice, gender ju...

5 Feb 1h 7min

Kevin Hart, "Lands of Likeness: For a Poetics of Contemplation" (U Chicago Press, 2023)

Kevin Hart, "Lands of Likeness: For a Poetics of Contemplation" (U Chicago Press, 2023)

In Lands of Likeness: For a Poetics of Contemplation (U Chicago Press, 2023), Kevin Hart develops a new hermeneutics of contemplation through a meditation on Christian thought and secular philosophy. ...

5 Feb 1h 17min

Samuel Holley-Kline, "In the Shadow of El Tajín: The Political Economy of Archaeology in Modern Mexico" (U Nebraska Press, 2025)

Samuel Holley-Kline, "In the Shadow of El Tajín: The Political Economy of Archaeology in Modern Mexico" (U Nebraska Press, 2025)

Located in the Papantla municipality of the Mexican state of Veracruz, El Tajín is a UNESCO World Heritage site but a lesser-known tourist destination and national symbol. The Indigenous Totonac resid...

4 Feb 45min

Lisa Min et al. eds., "Redacted: Writing in the Negative Space of the State" (punctum books, 2024)

Lisa Min et al. eds., "Redacted: Writing in the Negative Space of the State" (punctum books, 2024)

When it comes to the political, acts of redaction, erasure, and blacking out sit in awkward tension with the myth of transparent governance, borderless access, and frictionless communication. But shou...

4 Feb 1h 25min

Jacqueline Couti and Anny Dominique Curtius, "Women, Theory, Praxis, and Performativities: Transoceanic Entanglements in Francophone Settings" (Liverpool UP, 2025)

Jacqueline Couti and Anny Dominique Curtius, "Women, Theory, Praxis, and Performativities: Transoceanic Entanglements in Francophone Settings" (Liverpool UP, 2025)

Women, Theory, Praxis, and Performativities: Transoceanic Entanglements in Francophone Settings (Liverpool UP, 2025) bridges the gap between the Caribbean, the Indian Ocean and the Pacific. It collect...

3 Feb 1h 17min

Itohan I. Osayimwese, "Africa's Buildings: Architecture and the Displacement of Cultural Heritage" (Princeton UP, 2025)

Itohan I. Osayimwese, "Africa's Buildings: Architecture and the Displacement of Cultural Heritage" (Princeton UP, 2025)

Between the nineteenth century and today, colonial officials, collectors, and anthropologists dismembered African buildings and dispersed their parts to museums in Europe and the United States. Most o...

3 Feb 1h 19min

Gina Schouten, "The Anatomy of Justice" (Oxford UP, 2024)

Gina Schouten, "The Anatomy of Justice" (Oxford UP, 2024)

“Liberal egalitarianism” refers to a family of political views that are “liberal” in taking individual rights to be of premier importance and “egalitarian” in holding that justice requires that politi...

1 Feb 1h 1min

Blair Kelley, "Black Folk: The Roots of the Black Working Class" (LIveright, 2023)

Blair Kelley, "Black Folk: The Roots of the Black Working Class" (LIveright, 2023)

In the United States, the stoicism and importance of the “working class” is part of the national myth. The term is often used to conjure the contributions and challenges of the white working class – a...

31 Jan 45min

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