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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Sourit Bhattacharya, "Postcolonialism Now: Literature, Reading, Decolonising" (Orient BlackSwan, 2024)

Sourit Bhattacharya, "Postcolonialism Now: Literature, Reading, Decolonising" (Orient BlackSwan, 2024)

Postcolonialism Now: Literature, Reading, Decolonising (Orient BlackSwan, 2024) by Sourit Bhattacharya introduces a new method of decolonial reading and criticism. It critically examines the history a...

13 Feb 58min

Laura K. Field, "Furious Minds: The Making of the MAGA New Right" (Princeton UP, 2025)

Laura K. Field, "Furious Minds: The Making of the MAGA New Right" (Princeton UP, 2025)

Political Theorist Laura Field has written an insightful and detailed exploration of the people and the ideas that have shaped the second Trump Administration (and some contributed, as well, to the fi...

12 Feb 43min

Alex Prichard, "Anarchism: a Very Short Introduction" (Oxford UP, 2022)

Alex Prichard, "Anarchism: a Very Short Introduction" (Oxford UP, 2022)

If you asked a passerby on the street what anarchism is, they may answer that it is an ideology based on chaos, disorder, and violence. But is this true? What exactly is anarchism? Anarchism: a Very S...

7 Feb 55min

Olivier Esteves et al., "France, You Love It but Leave It: The Silent Flight of French Muslims" (Polity, 2025)

Olivier Esteves et al., "France, You Love It but Leave It: The Silent Flight of French Muslims" (Polity, 2025)

Their names are Mohamed, Samira, sometimes Matthieu or Sophie. They were born and bred in France and are highly qualified, but they have decided to go and live in London or New York, Montreal or Bruss...

6 Feb 57min

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

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