Category: Bourdieu
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Inventing Value: financial value in practice
This is the second of four posts composed of extracts from the introductory chapter of my recent book Inventing Value (Cambridge UP, 2022). “The second, more empirically oriented, part of this book is about these processes in which finance sector actors influence asset valuations. It discusses how asset circles are constructed and how their members…
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Bourdieu, art and financial value
Pierre Bourdieu’s work on symbolic value in the field of cultural production is surprisingly useful as a model for explaining the value of financial assets. As my recent posts have argued, financial value depends on symbolic narratives that claim certain qualities for the assets concerned and seek to associate them with particular theories of value. Bourdieu’s…