Financial asset prices oscillate among competing claims to meaning, like word meanings

Evidence

My argument is that the price of a financial asset, like the meaning of a word, is suspended between multiple competing claims to meaning, amidst an ecology of play. — Max Haiven, Cultures of Financialization, 80

Categorization

  • DEFINE: Introduces the author’s signature metaphor — price-as-word-meaning — that frames the entire analysis of finance as discourse.
  • XREF: connects to: Financial asset prices reflect speculative circulation, not underlying real value — Max Haiven, Cultures of Financialization, 80; Lyrical word choices function as convertible financial assets in a speculative marketplace — Andrew deWaard, Derivative Media: How Wall Street…, 320; Markets generate wealth through disposable metaphors, not coherent narratives — Max Haiven, Cultures of Financialization, 136 (+2 more)

Broader Connections