Pragmatics of Money and Finance: Beyond Performativity and Fundamental Value

Abstract

Contemporary approaches to finance as diverse as performativity theory and Marxist value-form theory have a tendency to lapse into a dogmatic structuralism that merely replicates the orthodoxies of financial economics. These approaches are unable to account for the possibility of either systemic failure or historical rupture in the organization of financial markets. This introduction considers several possible ways of exiting this impasse and presents an overview of the papers in this special issue.

KEYWORDS:

• money
• financialization
• performativity
• value theory

DISCLOSURE STATEMENT

No potential conflict of interest was reported by the author(s).

Additional information

Notes on contributors

Melinda Cooper

Melinda Cooper (author to whom correspondence should be addressed), Department of Sociology and Social Policy, University of Sydney, NSW, Australia.

Martijn Konings

Martijn Konings (author to whom correspondence should be addressed), Department of Political Economy, University of Sydney, NSW, Australia.