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Bomb Children - Leah Zani - Bog - Duke University Press - Plusbog.dk

Bomb Children - Leah Zani - Bog - Duke University Press - Plusbog.dk

Half a century after the CIA's Secret War in Laos-the largest bombing campaign in history-explosive remnants of war continue to be part of people's everyday lives. In Bomb Children Leah Zani offers a perceptive analysis of the long-term, often subtle, and unintended effects of massive air warfare. Zani traces the sociocultural impact of cluster submunitions-known in Laos as “bomb children”-through stories of explosives clearance technicians and others living and working in these old air strike zones. Zani presents her ethnography alongside poetry written in the field, crafting a startlingly beautiful analysis of state terror, authoritarian revival, rapid development, and ecological contamination. In so doing, she proposes that postwar zones are their own cultural and area studies, offering new ways to understand the parallel relationship between ongoing war violence and postwar revival.

DKK 262.00
1

Spaceship in the Desert - Gokce Gunel - Bog - Duke University Press - Plusbog.dk

Spaceship in the Desert - Gokce Gunel - Bog - Duke University Press - Plusbog.dk

In 2006 Abu Dhabi launched an ambitious project to construct the world’s first zero-carbon city: Masdar City. In Spaceship in the Desert GÖkÇe GÜnel examines the development and construction of Masdar City's renewable energy and clean technology infrastructures, providing an illuminating portrait of an international group of engineers, designers, and students who attempted to build a post-oil future in Abu Dhabi. While many of Masdar's initiatives-such as developing a new energy currency and a driverless rapid transit network-have stalled or not met expectations, GÜnel analyzes how these initiatives contributed to rendering the future a thinly disguised version of the fossil-fueled present. Spaceship in the Desert tells the story of Masdar, at once a “utopia” sponsored by the Emirati government, and a well-resourced company involving different actors who participated in the project, each with their own agendas and desires.

DKK 905.00
1

Spaceship in the Desert - Goekce Gunel - Bog - Duke University Press - Plusbog.dk

Spaceship in the Desert - Goekce Gunel - Bog - Duke University Press - Plusbog.dk

In 2006 Abu Dhabi launched an ambitious project to construct the world’s first zero-carbon city: Masdar City. In Spaceship in the Desert GÖkÇe GÜnel examines the development and construction of Masdar City's renewable energy and clean technology infrastructures, providing an illuminating portrait of an international group of engineers, designers, and students who attempted to build a post-oil future in Abu Dhabi. While many of Masdar's initiatives-such as developing a new energy currency and a driverless rapid transit network-have stalled or not met expectations, GÜnel analyzes how these initiatives contributed to rendering the future a thinly disguised version of the fossil-fueled present. Spaceship in the Desert tells the story of Masdar, at once a “utopia” sponsored by the Emirati government, and a well-resourced company involving different actors who participated in the project, each with their own agendas and desires.

DKK 246.00
1

An Ecology of Knowledges - Micha Rahder - Bog - Duke University Press - Plusbog.dk

An Ecology of Knowledges - Micha Rahder - Bog - Duke University Press - Plusbog.dk

Guatemala''s Maya Biosphere Reserve (MBR), the largest protected area in Central America, is characterized by rampant violence, social and ethnic inequality, and rapid deforestation. Faced with these threats, local residents, conservationists, scientists, and NGOs in the region work within what Micha Rahder calls “an ecology of knowledges,” in which interventions on the MBR landscape are tied to differing and sometimes competing forms of knowing. In this book, Rahder examines how technoscience, endemic violence, and an embodied love of wild species and places shape conservation practices in Guatemala. Rahder highlights how different forms of environmental knowledge emerge from encounters and relations between humans and nonhumans, institutions and local actors, and how situated ways of knowing impact conservation practices and natural places, often in unexpected and unintended ways. In so doing, she opens up new ways of thinking about the complexities of environmental knowledge and conservation in the context of instability, inequality, and violence around the world.

DKK 930.00
1

An Ecology of Knowledges - Micha Rahder - Bog - Duke University Press - Plusbog.dk

An Ecology of Knowledges - Micha Rahder - Bog - Duke University Press - Plusbog.dk

Guatemala's Maya Biosphere Reserve (MBR), the largest protected area in Central America, is characterized by rampant violence, social and ethnic inequality, and rapid deforestation. Faced with these threats, local residents, conservationists, scientists, and NGOs in the region work within what Micha Rahder calls “an ecology of knowledges,” in which interventions on the MBR landscape are tied to differing and sometimes competing forms of knowing. In this book, Rahder examines how technoscience, endemic violence, and an embodied love of wild species and places shape conservation practices in Guatemala. Rahder highlights how different forms of environmental knowledge emerge from encounters and relations between humans and nonhumans, institutions and local actors, and how situated ways of knowing impact conservation practices and natural places, often in unexpected and unintended ways. In so doing, she opens up new ways of thinking about the complexities of environmental knowledge and conservation in the context of instability, inequality, and violence around the world.

DKK 278.00
1

Everyday Intimacies of the Middle East - - Bog - Duke University Press - Plusbog.dk

Everyday Intimacies of the Middle East - - Bog - Duke University Press - Plusbog.dk

A special issue of the Journal of Middle East Women’s Studies This issue provides an area-studies perspective on intimacy and explores the analytic, theoretical, and political work that intimacy promises as a concept. The contributors explore how multiple domains and forms of intimacies are defined and transformed across the cultural and social worlds of the Middle East, looking in particular at Egypt, Turkey, and Israel. Focusing on everyday constructions of intimacies, the contributors engage with questions about how we should calibrate the evolving nature of intimacy in times of rapid transition, what intimacy means for individual and social lives, and what social, political, and economic possibilities it creates. Topics include physical exercise, Turkish beauty salons, transnational surrogacy arrangements, gender reassignment, and coffee shops as intimate spaces for men outside the family. Article Contributors: Aymon Kreil, Claudia Liebelt, Sibylle Lustenberger, Sertaç Sehlikoglu, Asli Zengin Review and Third Space Contributors: Dena Al-Adeeb, Adam George Dunn, Rima Dunn, Meral Düzgün, Iklim Goksel, Didem Havlioglu, Sarah Ihmoud, Sarah Irving, Adi Kuntsman, Shahrzad Mojab, Afsaneh Najmabadi, Rachel Rothendler, Afiya Zia

DKK 154.00
1

Politics in the Crevices - Sarah El Kazaz - Bog - Duke University Press - Plusbog.dk

Politics in the Crevices - Sarah El Kazaz - Bog - Duke University Press - Plusbog.dk

In Politics in the Crevices, Sarah El-Kazaz takes readers into the world of urban planning and design practices in Istanbul and Cairo. In this transnational ethnography of neighborhoods undergoing contested rapid transformations, she reveals how the battle for housing has shifted away from traditional political arenas onto private crevices of the city. She outlines how multiple actors-from highly capitalized international NGOs and corporations to city dwellers, bureaucrats, and planning experts-use careful urban design to empower conflicting agendas, whether manipulating property markets to protect affordable housing or corner luxury real estate. El-Kazaz shows that such contemporary politicizations of urban design stem from unresolved struggles at the heart of messy transitions from the welfare state to neoliberalism, which have shifted the politics of redistribution from contested political arenas to design practices operating within market logics, ultimately relocating political struggles onto the city’s most intimate crevices. In so doing, she raises critical questions about the role of market reforms in redistributing resources and challenges readers to rethink neoliberalism and the fundamental ways it shapes cities and polities.

DKK 230.00
1

Politics in the Crevices - Sarah El Kazaz - Bog - Duke University Press - Plusbog.dk

Politics in the Crevices - Sarah El Kazaz - Bog - Duke University Press - Plusbog.dk

In Politics in the Crevices, Sarah El-Kazaz takes readers into the world of urban planning and design practices in Istanbul and Cairo. In this transnational ethnography of neighborhoods undergoing contested rapid transformations, she reveals how the battle for housing has shifted away from traditional political arenas onto private crevices of the city. She outlines how multiple actors-from highly capitalized international NGOs and corporations to city dwellers, bureaucrats, and planning experts-use careful urban design to empower conflicting agendas, whether manipulating property markets to protect affordable housing or corner luxury real estate. El-Kazaz shows that such contemporary politicizations of urban design stem from unresolved struggles at the heart of messy transitions from the welfare state to neoliberalism, which have shifted the politics of redistribution from contested political arenas to design practices operating within market logics, ultimately relocating political struggles onto the city’s most intimate crevices. In so doing, she raises critical questions about the role of market reforms in redistributing resources and challenges readers to rethink neoliberalism and the fundamental ways it shapes cities and polities.

DKK 985.00
1

Beneath the Surface - Lynn M. Thomas - Bog - Duke University Press - Plusbog.dk

Beneath the Surface - Lynn M. Thomas - Bog - Duke University Press - Plusbog.dk

For more than a century, skin lighteners have been a ubiquitous feature of global popular culture-embraced by consumers even as they were fiercely opposed by medical professionals, consumer health advocates, and antiracist thinkers and activists. In Beneath the Surface, Lynn M. Thomas constructs a transnational history of skin lighteners in South Africa and beyond. Analyzing a wide range of archival, popular culture, and oral history sources, Thomas traces the changing meanings of skin color from precolonial times to the postcolonial present. From indigenous skin-brightening practices and the rapid spread of lighteners in South African consumer culture during the 1940s and 1950s to the growth of a billion-dollar global lightener industry, Thomas shows how the use of skin lighteners and experiences of skin color have been shaped by slavery, colonialism, and segregation as well as by consumer capitalism, visual media, notions of beauty, and protest politics. In teasing out lighteners’ layered history, Thomas theorizes skin as a site for antiracist struggle and lighteners as a technology of visibility that both challenges and entrenches racial and gender hierarchies.

DKK 1008.00
1

The End of Pax Americana - Naoki Sakai - Bog - Duke University Press - Plusbog.dk

The End of Pax Americana - Naoki Sakai - Bog - Duke University Press - Plusbog.dk

In The End of Pax Americana, Naoki Sakai focuses on U.S. hegemony's long history in East Asia and the effects of its decline on contemporary conceptions of internationality. Engaging with themes of nationality in conjunction with internationality, the civilizational construction of differences between East and West, and empire and decolonization, Sakai focuses on the formation of a nationalism of hikikomori, or “reclusive withdrawal”-Japan’s increasingly inward-looking tendency since the late 1990s, named for the phenomenon of the nation’s young people sequestering themselves from public life. Sakai argues that the exhaustion of Pax Americana and the post--World War II international order-under which Taiwan, South Korea, Hong Kong, and China experienced rapid modernization through consumer capitalism and a media revolution-signals neither the “decline of the West” nor the rise of the East, but, rather a dislocation and decentering of European and North American political, economic, diplomatic, and intellectual influence. This decentering is symbolized by the sense of the loss of old colonial empires such as those of Japan, Britain, and the United States.

DKK 950.00
1

Beneath the Surface - Lynn M. Thomas - Bog - Duke University Press - Plusbog.dk

Beneath the Surface - Lynn M. Thomas - Bog - Duke University Press - Plusbog.dk

For more than a century, skin lighteners have been a ubiquitous feature of global popular culture-embraced by consumers even as they were fiercely opposed by medical professionals, consumer health advocates, and antiracist thinkers and activists. In Beneath the Surface, Lynn M. Thomas constructs a transnational history of skin lighteners in South Africa and beyond. Analyzing a wide range of archival, popular culture, and oral history sources, Thomas traces the changing meanings of skin color from precolonial times to the postcolonial present. From indigenous skin-brightening practices and the rapid spread of lighteners in South African consumer culture during the 1940s and 1950s to the growth of a billion-dollar global lightener industry, Thomas shows how the use of skin lighteners and experiences of skin color have been shaped by slavery, colonialism, and segregation as well as by consumer capitalism, visual media, notions of beauty, and protest politics. In teasing out lighteners’ layered history, Thomas theorizes skin as a site for antiracist struggle and lighteners as a technology of visibility that both challenges and entrenches racial and gender hierarchies.

DKK 262.00
1

Revolutionary Medicine - P. Sean Brotherton - Bog - Duke University Press - Plusbog.dk

Revolutionary Medicine - P. Sean Brotherton - Bog - Duke University Press - Plusbog.dk

Revolutionary Medicine is a richly textured examination of the ways that Cuba''s public health care system has changed during the past two decades and of the meaning of those changes for ordinary Cubans. Until the Soviet bloc collapsed in 1989, socialist Cuba encouraged citizens to view access to health care as a human right and the state''s responsibility to provide it as a moral imperative. Since the loss of Soviet subsidies and the tightening of the U.S. economic embargo, Cuba''s government has found it hard to provide the high-quality universal medical care that was so central to the revolutionary socialist project. In Revolutionary Medicine , P. Sean Brotherton deftly integrates theory and history with ethnographic research in Havana, including interviews with family physicians, public health officials, research scientists, and citizens seeking medical care. He describes how the deterioration of health and social welfare programs has led Cubans to seek health care through informal arrangements, as well as state-sponsored programs. Their creative, resourceful pursuit of health and well-being provides insight into how they navigate, adapt to, and pragmatically cope with the rapid social, economic, and political changes in post-Soviet Cuba.

DKK 885.00
1

Ice Geographies - Jen Rose Smith - Bog - Duke University Press - Plusbog.dk

Ice Geographies - Jen Rose Smith - Bog - Duke University Press - Plusbog.dk

Ice animates the look and feel of climate change. It is melting faster than ever before, causing social upheaval among northern coastal communities and disrupting a more southern, temperate world as sea levels rise. Economic, academic, and activist stakeholders are increasingly focused on the unsettling potential of ice as they plan for a future shaped by rapid transformation. Yet, in Ice Geographies, Jen Rose Smith demonstrates that ice has always been at the center of making sense of the world. Ice as homeland is often at the heart of Arctic and sub-Arctic ontologies, cosmologies, and Native politics. Reflections on ice have also long been a constitutive element of Western political thought, but it often privileges a pristine or empty “nature” stripped of power relations. Smith centers ice to study race and indigeneity by investigating ice relations as sites and sources of analysis that are bound up with colonial and racial formations as well as ice geographies beyond those formations. Smith asks, How is ice a racialized geography and imaginary, and how does it also exceed those frameworks? Duke University Press Scholars of Color First Book Award

DKK 230.00
1

Ice Geographies - Jen Rose Smith - Bog - Duke University Press - Plusbog.dk

Ice Geographies - Jen Rose Smith - Bog - Duke University Press - Plusbog.dk

Ice animates the look and feel of climate change. It is melting faster than ever before, causing social upheaval among northern coastal communities and disrupting a more southern, temperate world as sea levels rise. Economic, academic, and activist stakeholders are increasingly focused on the unsettling potential of ice as they plan for a future shaped by rapid transformation. Yet, in Ice Geographies, Jen Rose Smith demonstrates that ice has always been at the center of making sense of the world. Ice as homeland is often at the heart of Arctic and sub-Arctic ontologies, cosmologies, and Native politics. Reflections on ice have also long been a constitutive element of Western political thought, but it often privileges a pristine or empty “nature” stripped of power relations. Smith centers ice to study race and indigeneity by investigating ice relations as sites and sources of analysis that are bound up with colonial and racial formations as well as ice geographies beyond those formations. Smith asks, How is ice a racialized geography and imaginary, and how does it also exceed those frameworks? Duke University Press Scholars of Color First Book Award

DKK 1179.00
1

Living with the Coast of Maine - Joseph T. Kelley - Bog - Duke University Press - Plusbog.dk

Living with the Coast of Maine - Joseph T. Kelley - Bog - Duke University Press - Plusbog.dk

Maine is known for its rockbound coast and pristine shoreline. Yet there is more to this shore than rocky cliffs. This book describes the origin of the more common "soft coast" of eroding bluffs, sand beaches, and salt marshes. A central theme is the formation of the present shoreline during the current ongoing rise in sea level and the ways in which coastal residents can best cope with the changes to come. Although it is not widely known, Maine is experiencing a rapid, uneven drowning of its shore at the same time that coastal development is at an all-time high. The authors explain how the shoreline is changing and provide a series of highly detailed maps that show the relative safety of particular locations on the coast. Specific guidelines for recognizing various safe and unsafe coastal settings are presented, as are recommendations for sound construction techniques in hazardous coastal areas. Photographs and drawings illustrate the danger of living too near the shoreline, and an up-to-date review of Maine''s regulations governing coastal construction is simply and readably described. A bibliography of important coastal literature is also included, as well as a guide to federal, state, and local sources of information.

DKK 674.00
1

Buena Vista in the Club - Geoffrey Baker - Bog - Duke University Press - Plusbog.dk

Buena Vista in the Club - Geoffrey Baker - Bog - Duke University Press - Plusbog.dk

In Buena Vista in the Club , Geoffrey Baker traces the trajectory of the Havana hip hop scene from the late 1980s to the present and analyzes its partial eclipse by reggaetón. While Cuban officials initially rejected rap as “the music of the enemy,” leading figures in the hip hop scene soon convinced certain cultural institutions to accept and then promote rap as part of Cuba’s national culture. Culminating in the creation of the state-run Cuban Rap Agency, this process of “nationalization” drew on the shared ideological roots of hip hop and the Cuban nation and the historical connections between Cubans and African Americans. At the same time, young Havana rappers used hip hop, the music of urban inequality par excellence , to critique the rapid changes occurring in Havana since the early 1990s, when the Soviet Union fell, its subsidy of Cuba ceased, and a tourism-based economy emerged. Baker considers the explosion of reggaetón in the early 2000s as a reflection of the “new materialism” that accompanied the influx of foreign consumer goods and cultural priorities into “sociocapitalist” Havana. Exploring the transnational dimensions of Cuba’s urban music, he examines how foreigners supported and documented Havana’s growing hip hop scene starting in the late 1990s and represented it in print and on film and CD. He argues that the discursive framing of Cuban rap played a crucial part in its success.

DKK 884.00
1

Buena Vista in the Club - Geoffrey Baker - Bog - Duke University Press - Plusbog.dk

Buena Vista in the Club - Geoffrey Baker - Bog - Duke University Press - Plusbog.dk

In Buena Vista in the Club , Geoffrey Baker traces the trajectory of the Havana hip hop scene from the late 1980s to the present and analyzes its partial eclipse by reggaetón. While Cuban officials initially rejected rap as “the music of the enemy,” leading figures in the hip hop scene soon convinced certain cultural institutions to accept and then promote rap as part of Cuba’s national culture. Culminating in the creation of the state-run Cuban Rap Agency, this process of “nationalization” drew on the shared ideological roots of hip hop and the Cuban nation and the historical connections between Cubans and African Americans. At the same time, young Havana rappers used hip hop, the music of urban inequality par excellence , to critique the rapid changes occurring in Havana since the early 1990s, when the Soviet Union fell, its subsidy of Cuba ceased, and a tourism-based economy emerged. Baker considers the explosion of reggaetón in the early 2000s as a reflection of the “new materialism” that accompanied the influx of foreign consumer goods and cultural priorities into “sociocapitalist” Havana. Exploring the transnational dimensions of Cuba’s urban music, he examines how foreigners supported and documented Havana’s growing hip hop scene starting in the late 1990s and represented it in print and on film and CD. He argues that the discursive framing of Cuban rap played a crucial part in its success.

DKK 248.00
1

Jackson Pollock - C Cernuschi - Bog - Duke University Press - Plusbog.dk

Jackson Pollock - C Cernuschi - Bog - Duke University Press - Plusbog.dk

Perhaps no aspect of Jackson Pollock's oeuvre-one of the most important American artists of the twentieth century-has been more misunderstood than the drawings Pollock created during Jungian psychoanalysis sessions from 1939-40. Presented to his psychotherapist, where they remained in private files for almost three decades until their publication in 1970, these drawings have been shrouded in both personal and art-historical controversy-from a lawsuit filed by Pollock's widow, Lee Krasner, to wide-ranging justifications of them as Jungian iconography or as "proof" of Pollock's supposed mental disorder. Published in conjunction with an exhibition touring the United States, this book draws together sixty-nine drawings and one gouache, beautifully reproduced in accurate color for the first time. The images reveal a range of styles, from highly refined and elaborate sketches to rapid and automatic improvisations, as well as a range of subjects, from human figures, animals, and cryptic figures to purely abstract forms. Together, they bear witness to Pollock's intense interest in the latest contemporary art as well as non-Western traditions. Art historian Claude Cernuschi's essay addresses key historical and interpretive questions surrounding these drawings: what was their intended purpose?; do they have particular psychoanalytic importance? what is the relationship between psychoanalysis and art? Ultimately, Cernuschi argues for the importance of reintegrating these works into their rightly held place in Pollock's oeurve. Remarkable for their beauty as well as spontaneity, these drawings reflect the conscious intellectual choice of an artist blazing new trails.

DKK 766.00
1

Rebels - Leerom Medovoi - Bog - Duke University Press - Plusbog.dk

Rebels - Leerom Medovoi - Bog - Duke University Press - Plusbog.dk

Holden Caulfield, the beat writers, Elvis Presley, Chuck Berry, and James Dean—these and other avatars of youthful rebellion were much more than entertainment. As Leerom Medovoi shows, they were often embraced and hotly debated at the dawn of the Cold War era because they stood for dissent and defiance at a time when the ideological production of the United States as leader of the “free world” required emancipatory figures who could represent America’s geopolitical claims. Medovoi argues that the “bad boy” became a guarantor of the country’s anti-authoritarian, democratic self-image: a kindred spirit to the freedom-seeking nations of the rapidly decolonizing third world and a counterpoint to the repressive conformity attributed to both the Soviet Union abroad and America’s burgeoning suburbs at home. Alongside the young rebel, the contemporary concept of identity emerged in the 1950s. It was in that decade that “identity” was first used to define collective selves in the politicized manner that is recognizable today: in terms such as “national identity” and “racial identity.” Medovoi traces the rapid absorption of identity themes across many facets of postwar American culture, including beat literature, the young adult novel, the Hollywood teen film, early rock ‘n’ roll, black drama, and “bad girl” narratives. He demonstrates that youth culture especially began to exhibit telltale motifs of teen, racial, sexual, gender, and generational revolt that would burst into political prominence during the ensuing decades, bequeathing to the progressive wing of contemporary American political culture a potent but ambiguous legacy of identity politics.

DKK 240.00
1

Rebels - Leerom Medovoi - Bog - Duke University Press - Plusbog.dk

Rebels - Leerom Medovoi - Bog - Duke University Press - Plusbog.dk

Holden Caulfield, the beat writers, Elvis Presley, Chuck Berry, and James Dean—these and other avatars of youthful rebellion were much more than entertainment. As Leerom Medovoi shows, they were often embraced and hotly debated at the dawn of the Cold War era because they stood for dissent and defiance at a time when the ideological production of the United States as leader of the “free world” required emancipatory figures who could represent America’s geopolitical claims. Medovoi argues that the “bad boy” became a guarantor of the country’s anti-authoritarian, democratic self-image: a kindred spirit to the freedom-seeking nations of the rapidly decolonizing third world and a counterpoint to the repressive conformity attributed to both the Soviet Union abroad and America’s burgeoning suburbs at home. Alongside the young rebel, the contemporary concept of identity emerged in the 1950s. It was in that decade that “identity” was first used to define collective selves in the politicized manner that is recognizable today: in terms such as “national identity” and “racial identity.” Medovoi traces the rapid absorption of identity themes across many facets of postwar American culture, including beat literature, the young adult novel, the Hollywood teen film, early rock ‘n’ roll, black drama, and “bad girl” narratives. He demonstrates that youth culture especially began to exhibit telltale motifs of teen, racial, sexual, gender, and generational revolt that would burst into political prominence during the ensuing decades, bequeathing to the progressive wing of contemporary American political culture a potent but ambiguous legacy of identity politics.

DKK 850.00
1

Financial Derivatives and the Globalization of Risk - Edward Lipuma - Bog - Duke University Press - Plusbog.dk

Financial Derivatives and the Globalization of Risk - Edward Lipuma - Bog - Duke University Press - Plusbog.dk

The market for financial derivatives is far and away the largest and most powerful market in the world, and it is growing exponentially. In 1970 the yearly valuation of financial derivatives was only a few million dollars. By 1980 the sum had swollen to nearly one hundred million dollars. By 1990 it had climbed to almost one hundred billion dollars, and in 2000 it approached one hundred trillion. Created and sustained by a small number of European and American banks, corporations, and hedge funds, the derivatives market has an enormous impact on the economies of nations—particularly poorer nations—because it controls the price of money. Derivatives bought and sold by means of computer keystrokes in London and New York affect the price of food, clothing, and housing in Johannesburg, Kuala Lumpur, and Buenos Aires. Arguing that social theorists concerned with globalization must familiarize themselves with the mechanisms of a world economy based on the rapid circulation of capital, Edward LiPuma and Benjamin Lee offer a concise introduction to financial derivatives. LiPuma and Lee explain how derivatives are essentially wagers—often on the fluctuations of national currencies—based on models that aggregate and price risk. They describe how these financial instruments are changing the face of capitalism, undermining the power of nations and perpetrating a new and less visible form of domination on postcolonial societies. As they ask: How does one know about, let alone demonstrate against, an unlisted, virtual, offshore corporation that operates in an unregulated electronic space using a secret proprietary trading strategy to buy and sell arcane financial instruments? LiPuma and Lee provide a necessary look at the obscure but consequential role of financial derivatives in the global economy.

DKK 885.00
1

Financial Derivatives and the Globalization of Risk - Edward Lipuma - Bog - Duke University Press - Plusbog.dk

Financial Derivatives and the Globalization of Risk - Edward Lipuma - Bog - Duke University Press - Plusbog.dk

The market for financial derivatives is far and away the largest and most powerful market in the world, and it is growing exponentially. In 1970 the yearly valuation of financial derivatives was only a few million dollars. By 1980 the sum had swollen to nearly one hundred million dollars. By 1990 it had climbed to almost one hundred billion dollars, and in 2000 it approached one hundred trillion. Created and sustained by a small number of European and American banks, corporations, and hedge funds, the derivatives market has an enormous impact on the economies of nations—particularly poorer nations—because it controls the price of money. Derivatives bought and sold by means of computer keystrokes in London and New York affect the price of food, clothing, and housing in Johannesburg, Kuala Lumpur, and Buenos Aires. Arguing that social theorists concerned with globalization must familiarize themselves with the mechanisms of a world economy based on the rapid circulation of capital, Edward LiPuma and Benjamin Lee offer a concise introduction to financial derivatives. LiPuma and Lee explain how derivatives are essentially wagers—often on the fluctuations of national currencies—based on models that aggregate and price risk. They describe how these financial instruments are changing the face of capitalism, undermining the power of nations and perpetrating a new and less visible form of domination on postcolonial societies. As they ask: How does one know about, let alone demonstrate against, an unlisted, virtual, offshore corporation that operates in an unregulated electronic space using a secret proprietary trading strategy to buy and sell arcane financial instruments? LiPuma and Lee provide a necessary look at the obscure but consequential role of financial derivatives in the global economy.

DKK 254.00
1