Understanding value as assetization requires analyzing political economy, not just applying STS to finance.

Evidence

Second, understanding value in this way necessitates looking at the political-economic actors who have a say in the creation of assets, such as venture capitalists, hedge fund managers, asset managers, and so on. Consequently, this conception of value requires that STS scholars develop competencies in new fields (e.g., accounting) and areas (e.g., different techno-economic configurations to turn things into assets). It is important to note that this is different from the existing work on the social studies of finance, since it involves more than turning STS existing perspectives onto new topics (e.g., finance). Instead, it means analyzing how changing political economy—as epistemology and practice—configures research and innovation in particular ways (Mirowski 2011; Tyfield 2012a; Birch 2013). … In this article, I have focused on how the understanding, governance, and management of value are configured by particular legal rights and privileges (Styhre 2015), political-economic knowledges like ”capitalization” (Muniesa 2012), the structure and governance of organizational entities (Mirowski 2012), and financing instruments like VC (Andersson et al. 2010). — Kean Birch, Rethinking Value in the Bio-economy, 115

Categorization

• XREF: Connects directly to the reader’s assetization foundational reading purpose; the distinction from social studies of finance is a key framing point for the assetization literature. — connects to: Understanding value requires studying the assets underpinning firm valuation, not commodity production. — Kean Birch, Rethinking Value in the Bio-economy:…, 39; Analyzing bio-economy value requires focusing on assets rather than commodities — Kean Birch, Rethinking Value in the Bio-economy:…, 68; Assetization analysis reveals how nature and society get incorporated into financialized capitalism. — Paul Langley, Assets and Assetization in…, 43 (+6 more)
• DEFINE: Defines what a political-economy approach to value-as-assetization entails versus merely studying finance as a new STS topic.

Related

• Analyzing bio-economy value requires focusing on assets rather than commodities (similarity 0.87)
• Value in the bio-economy is produced through valuation practices, not intrinsic to biological matter. (similarity 0.87)
• Value is not inherent in things but achieved through capitalization practices. (similarity 0.86)
• Assetization supersedes commodification and marketization as the key analysis of financialized capitalism. (similarity 0.86)
• Understanding value requires studying the assets underpinning firm valuation, not commodity production. (similarity 0.86)
• Assetization analysis reveals how nature and society get incorporated into financialized capitalism. (similarity 0.86)
• Assetization better captures financialized capitalism than commodification or marketization concepts. (similarity 0.85)
• Value in the bio-economy is better theorized through assetization than commodification. (similarity 0.85)
• Assetization remains an unrecognized analytical entry point in financialization research (similarity 0.84)
• Assetization constitutes a distinct logic of investment irreducible to speculation or rentiership (similarity 0.83)
• Asset value is constituted by active management within organizations, not by biological properties. (similarity 0.83)
• Asset value derives from future earnings rather than intrinsic commodity value (similarity 0.83)
• Capitalization builds the thing being valued at the same time it appraises that thing (similarity 0.82)
• Value in the bio-economy is managed through asset governance, not product sales. (similarity 0.81)
• Capitalization scholarship often treats capital as a living thing embodied in commodities. (similarity 0.81)

Broader Connections

• Assetization analysis reveals how nature and society get incorporated into financialized capitalism. #expands (0.85) — Paul Langley, Assets and Assetization in…, 43
• Assetization supersedes commodification and marketization as the key analysis of financialized capitalism. #expands (0.85) — Paul Langley, Assets and Assetization in…, 19
• Assetization better captures financialized capitalism than commodification or marketization concepts. #corroborates (0.82) — Paul Langley, Assets and Assetization in…, 26
• Social studies of finance recapitulated orthodox economics and obscured the crisis’s political economy #corroborates (0.80) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 956
• Market economies require deliberate political construction, not natural emergence #corroborates (0.75) — Nick Couldry & Ulises A. Mejias, The Costs of Connection, 364
• Finance is socially and politically generative, not merely economically exploitative #expands (0.72) — Aris Komporozos-Athanasiou, Speculative Communities, 22
• Economic structures are necessary but not sufficient to explain political and ideological features #corroborates (0.70)