Announcement
New Debates in the Sociology and Political Economy of Finance

Virtual Event (no registration required) https://harvard.zoom.us/j/97691265539

Monday, June 12, 2023 from 12pm to 3pm ET

Financial sociologists contribute important insights to analyses of today’s political economy. This event convenes the authors of nine recent books – all published since 2020 – into a series of panel conversations.
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New Debates in the Sociology and Political Economy of Finance

Live Zoom Panel - Wednesday, April 19, 11 am - 12 pm ET
Reminder: Sociological Perspectives on the Bank Failures of 2023

Zoom link: https://harvard.zoom.us/j/92491232615
Following the failures of Silicon Valley Bank and Signature Bank, as well as the forced acquisition of Credit Suisse, banks are back in the headlines. This panel considers recent events in light of the flowering of sociological research since the financial crisis of 2008.

More Live Zoom Panel - Wednesday, April 19, 11 am - 12 pm ET
Reminder: Sociological Perspectives on the Bank Failures of 2023

Live Zoom Panel - Wednesday, April 19, 11 am - 12 pm ET
Sociological Perspectives on the Bank Failures of 2023


More Live Zoom Panel - Wednesday, April 19, 11 am - 12 pm ET
Sociological Perspectives on the Bank Failures of 2023

Announcement
New Book by Joseph Vogl

Capital and Ressentiment: A Short Theory of the Present

The fusing of finance capital and information has provided ideal conditions on social media in which feelings of anger and frustration can be expressed and shared, forming a deep pool of ressentiment that is being drawn upon and exploited by populist and authoritarian leaders.
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New Book by Joseph Vogl

Current Scholarship
New Symposium on “Networks, Platforms, and Utilities” by Ricks, Sitaraman, Welton, and Menand

Morgan Ricks, Ganesh Sitaraman, Shelley Welton, and Lev Menand

Networks, Platforms, and Utilities (NPU) is the first entirely new casebook integrating NPU law in a quarter century—and the first with some temporal distance from the deregulatory movement of the late twentieth century. The book thus contributes to larger intellectual shifts in the academy and public policy.
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New Symposium on “Networks, Platforms, and Utilities” by Ricks, Sitaraman, Welton, and Menand

Announcement
Reminder: Intersections of finance and society 2023 CFP closes May 1!

Reminder: Call for Papers for Intersections of finance and society 2023 will close on May 1st. Contributors are expressly invited to propose and debate existing and novel solutions for improving financial stability, expanding fintech inclusion, mitigating climate breakdown, and tackling the inequalities associated with financialisation.
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Reminder: Intersections of finance and society 2023 CFP closes May 1!

Announcement
Finance and Society Network CFP: Intersections of finance and society 2023 in Brussels (September 14-15)

Call for Papers open for Intersections of finance and society 2023, Vrije Universiteit Brussel, 14-15 September. Contributors are expressly invited to propose and debate existing and novel solutions for improving financial stability, expanding fintech inclusion, mitigating climate breakdown, and tackling the inequalities associated with financialisation.
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Finance and Society Network CFP: Intersections of finance and society 2023 in Brussels (September 14-15)

Announcement
Assistant Professor in Finance and Globalization at the University of California, Santa Barbara

The Department of Global Studies at the University of California, Santa Barbara invites applications for a tenure-track faculty position at the level of Assistant Professor, with an anticipated start date of July 1, 2023. The Department is looking for individuals with expertise in Finance in relation to Globalization.


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Assistant Professor in Finance and Globalization at the University of California, Santa Barbara

Current Scholarship
Financialization, Structural Power, and the Global Financial Crisis for Europe’s Core and Periphery

Nina Eichacker, University of Rhode Island

As Eurozone governments consider how to respond to crises such as the Covid-19 pandemic going forward, policies that more equitably support governments rescuing domestic financial actors should be considered in tandem with broader financial regulations of structurally important economic institutions.
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Financialization, Structural Power, and the Global Financial Crisis for Europe’s Core and Periphery

Conference Announcement
Zoom Register Now for Conference on African Economic and Monetary Sovereignty ‘Facing the socio-ecological crisis: Delinking and the question of Global Reparations’ (10/25-10/28)

Zoom Register Now for Conference on African Economic and Monetary Sovereignty 'Facing the socio-ecological crisis: Delinking and the question of Global Reparations' (10/25-10/28)
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Zoom Register Now for Conference on African Economic and Monetary Sovereignty ‘Facing the socio-ecological crisis: Delinking and the question of Global Reparations’ (10/25-10/28)

Current Scholarship
Financial dominance: why the ‘market maker of last resort’ is a bad idea and what to do about it

Carolyn Sissoko, University of the West of England

This paper sets forth a framework modeling the traditional ‘banking approach’ to central bank liquidity provision and advocates a return to it. These reforms must be accompanied by a clear policy that in the event that any bank requires re-capitalization by the government, existing shareholder interests will be wiped out, and ownership will be transferred to the government.
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Financial dominance: why the ‘market maker of last resort’ is a bad idea and what to do about it

Current Scholarship
Battling Institutional Debt at HBCUs

Andrew J. Douglas, Morehouse College

The article underscores an increasingly important point: all members of a campus community ought to be deeply concerned about institutional debt. A campaign against institutional debt at HBCUs could be a powerful initiative of the AAUP’s Committee on Historically Black Institutions and Scholars of Color, and it could help to draw more HBCU faculty into the push for a New Deal for Higher Education.
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Battling Institutional Debt at HBCUs

Current Scholarship
The Key to Value (2.0): The Debate Over Commensurability in Neoclassical and Credit Approaches to Money

Christine Desan, Harvard Law School

Neoclassical and credit approaches to money represent dramatically different theories of value. According to the way money is created, individuals will not be equally situated in the process that generates prices. Decisions about value are made in the wake of that fact.
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The Key to Value (2.0): The Debate Over Commensurability in Neoclassical and Credit Approaches to Money

Current Scholarship
Banking on a Curve: How to Restore the Community Reinvestment Act

Peter Conti-Brown, The Wharton School, University of Pennsylvania; Brookings Institution; and Brian D. Feinstein, The Wharton School, University of Pennsylvania

The Community Reinvestment Act (CRA) of 1977 has failed to meaningfully reduce the prevalence of “banking deserts” across lower-income communities or to reduce the racial wealth gap. As a corrective, banks should be graded on a curve, which would enable the CRA to fulfill its promise: to expand access to credit, spur investment in overlooked areas, and combat racial inequities through the financial system.
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Banking on a Curve: How to Restore the Community Reinvestment Act

Current Scholarship
Towards a sociology of state investment funds? sovereign wealth funds and state-business relations in Saudi Arabia

Alexis Montambault Trudelle, School of Social and Political Science, University of Edinburgh

What kind of power relations are maintained or established in the process of sovereign wealth funds development? This article contributes to rentier state debates and broader political economy scholarship by showing how state investment funds hinge on ancillary networks of social institutions, often generated from ingrained formal and informal interactions between states and society.
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Towards a sociology of state investment funds? sovereign wealth funds and state-business relations in Saudi Arabia

Current Scholarship
The power of folk ideas in economic policy and the central bank–commercial bank analogy

Sebastian Diessner, Leiden University, The Hague, Netherlands

This article argues that policy-makers’ non-expert or ‘folk’ ideas can affect policy outcomes in a way that challenges the assumption of economic policy-making being guided by expert ideas emanating from the realm of economics and other sciences.
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The power of folk ideas in economic policy and the central bank–commercial bank analogy

Current Scholarship
Financialized savings in public water governance: An illustrative case study in the arid American West

Christopher Gibson, California State University, Fullerton

How does financialization of the economy impact public governance of natural resources? This article interrogates the influence that financial markets have over public policy, showing that elected governance officials engage in the commodification of money, encouraging the further commodification of environmental resources.
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Financialized savings in public water governance: An illustrative case study in the arid American West

Current Scholarship
Sovereign Solvency as Monetary Power

Karina Patrício Ferreira Lima, University of Leeds School of Law

This article reconceptualizes sovereign insolvency from a money-centred perspective. Sovereign insolvencies are inherent to the asymmetric character of global liquidity, rather than solely the product of fiscal misfortunes or mismanagement. To correct those asymmetries, it is necessary to reset the international monetary system.
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Sovereign Solvency as Monetary Power