328 - Section on Economic Sociology. Markets, Finance, Credit, and Money

Session Submission Type: Paper Session 100min

Description

Financial markets, the banking system, and the monetary and financial instruments they make possible are as old as capitalism itself. But we are yet to fully understand the implications for the economy and society at large of the new prominence that financial markets have achieved over the last few decades. From the everyday and taken-for granted life of finance (involving pension funds, mortgages, and small investment portfolios) to its more episodic and sensational moments (from sovereign debt defaults to global financial crisis), economic sociologists are faced with the difficult task of making sense of broad and far-ranging transformations in the economic process, especially with respect to the creation, management, and distribution of risk, the promotion of innovation and sustainable growth as opposed to speculative investment, and the amelioration rather than worsening of economic inequality. This session invites papers discussing markets, finance, credit and money in historical and/or comparative perspective, with a preference for global analyses that are attentive to the ways finance and the banking system work and impact the economy as a whole.

Sub Unit

• Section on Economic Sociology / Markets, Finance, Credit, and Money

Presider

• Aaron Z. Pitluck, Illinois State University

Individual Presentations

• Central Banks and the Politics of Expectations: How Monetary Policymaking Yields Pro-Finance Decisions - Ayca Zayim, University of Wisconsin-Madison

• Institutionalized Meaning and Policymaking: Revisiting the Causes of American Financial Deregulation - Kim Pernell, University of Toronto

• The Financialization of the Public Sphere - Alex Preda, King's College London

• Varieties of indebtedness: Financialization and mortgage market institutions in Europe - Tod Stewart Van Gunten, Max Planck Institute for the Study of Societies; Edo Navot, Columbia University

Discussant

• Aaron Z. Pitluck, Illinois State University