Even in financial institutions, calculative and noncalculative agencies are inextricably mixed.

Evidence

Although there are passages in Callon’s work that suggest that “framing” and “disentanglement” indeed create homo Ɠconomicus, other passages are more dialectical, noting the generation by framing and disentanglement of noncalculative overïŹ‚owing and the “inextricable mixture” of noncalculative and calculative agencies “where we least expect it: at the very heart of the ïŹnancial institutions” (Callon 1998, p. 39–40). — Donald MacKenzie & Yuval Millo, Constructing a Market, Performing Theory, 192

Categorization

  • XREF: Refines the performativity thesis the reader is studying in financialization — frames the ‘inextricable mixture’ rather than a stark calculative/noncalculative binary.
  • DEFINE: Pinpoints the dialectical reading of Callon’s framing/disentanglement as against the strong reading that says framing creates homo Ɠconomicus outright.