Culture operates at the core of the financial services industry

Evidence

Much of the scholarship in the social study of finance has done the invaluable work of illuminating the nuances and complexities of how the financial services industry works, revealing that, at the heart of a sector that prides itself on the surgical and scientific management of risk and the dispassionate, distanced and objective manipulation of abstract economic objects, the unruly mess of culture is at work. — Max Haiven, Cultures of Financialization, 575

Categorization

• XREF: Direct precursor to deWaard’s cultural argument — finance’s self-image as objective/scientific hides its cultural embeddedness. — connects to: Financier culture forms inside a homosocial world of risk norms and chronic overwork. — Max Haiven, Cultures of Financialization, 87; Financialization colonizes culture through diffuse metaphors, narratives, and techniques — Max Haiven, Cultures of Financialization, 35; Financialization reshapes cultural industries through macroeconomic shifts. — Andrew deWaard, Derivative Media: How Wall Street…, 58 (+5 more)

Broader Connections

• Financialization colonizes culture through diffuse metaphors, narratives, and techniques #corroborates (0.85) — Max Haiven, Cultures of Financialization, 35
• Financial metaphors and modes have crept into everyday North American culture #exemplifies (0.82) — Max Haiven, Cultures of Financialization, 91
• Cultural forms are causally rooted in the daily circulation of capital. #corroborates (0.80) — David Harvey, The Condition of Postmodernity, 1888
• Financialized cultural attitudes may result from, not drive, expanded financial services. #complicates (0.78) — Neil Fligstein & Adam Goldstein, The Emergence of a Finance Culture in…, 49
• Financialization reshapes cultural industries through macroeconomic shifts. #expands (0.75) — Andrew deWaard, Derivative Media, 58
• Rise of finance capital is inseparable from the postmodern turn in culture #corroborates (0.75) — Max Haiven, Cultures of Financialization, 93
• The finance culture took root in the upper-middle class. #expands (0.72) — Neil Fligstein & Adam Goldstein, The Emergence of a Finance Culture in…, 65