Geographically dispersed markets achieve social integration through time, not space

Evidence

Temporal coordination is indeed more elaborate and intricate in the global markets studied than in any context envisioned by Schutz. These markets are communities of time, and it is this condition that is central to their historical distinctiveness as social systems that overcome the geographic separation between participants. To turn the argument around, we assert that intersubjectivitycould not be a characteristic of spatially dispersed markets if temporal integration were absent. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 91

Categorization

• XREF: Reverses spatial metaphors common in financialization literature; connects to how global value chains and markets are often analyzed by geography rather than temporality. — connects to: Schutz tied temporal coordination to shared space, which global electronic trading severs. — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 68; Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups — Karin Knorr Cetina & Urs Bruegger, Global Microstructures: The Virtual…, 141; Global markets form communities of time bound by a common observed screen object. (+6 more)

Related

• Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups (similarity 0.92)
• Schutz tied temporal coordination to shared space, which global electronic trading severs. (similarity 0.92)
• Markets combine distinct forms of coordination beyond network embeddedness, including reflexive temporal coordination. (similarity 0.91)
• Global markets form communities of time bound by a common observed screen object. (similarity 0.89)
• Global traders form communities of time by observing a shared screen object (similarity 0.88)
• Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets. (similarity 0.87)
• Geographically dispersed but mutually oriented actors form global microstructures that bind markets together. (similarity 0.86)
• Global market interaction produces intersubjectivity beyond face-to-face encounters (similarity 0.86)
• Global markets are assembled through microsocial patterns of relatedness and coordination (similarity 0.83)
• A market’s trading screen functions as a shared witnessable situation across continents. (similarity 0.82)
• Screen markets invert networks from being the basis to a reinforcement of trading coordination (similarity 0.82)
• Screen content assembles a globally shared object traders can watch together (similarity 0.81)
• Trading screens transform distant markets into interactionally present scenes. (similarity 0.81)
• Screen signals give absent traders a mediated presence that colleagues observe, read, and retransmit (similarity 0.81)
• Global social fields can form from micro interactions without complex organization. (similarity 0.80)

Broader Connections

• Shared temporal structuring of a common object distinguishes global markets from ordinary electronic groups #corroborates (0.90) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 141
• Global markets form communities of time bound by a common observed screen object. #corroborates (0.90)
• Global traders form communities of time by observing a shared screen object #corroborates (0.85) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 60
• Screen-based reciprocal observation can generate intersubjectivity across geographic distance in markets. #corroborates (0.85) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 60
• Global market interaction produces intersubjectivity beyond face-to-face encounters #expands (0.80) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 98
• Markets combine distinct forms of coordination beyond network embeddedness, including reflexive temporal coordination. #expands (0.80) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 101
• Ongoing markets sustain continual synchronous interaction unlike typical electronic groups #expands (0.75) — Karin Knorr Cetina & Urs Bruegger, Global Microstructures, 142
• Economic transactions are governed by their embeddedness in social networks #contradicts (0.75) — TOMASZ OLEJNICZAK, Development of Trust in Low-Trust…, 17