{"title":"Venture capital, the fetish of artificial intelligence, and the contradictions of making intangible assets","authors":"David Kampmann","doi":"10.1080/03085147.2023.2294602","DOIUrl":"https://doi.org/10.1080/03085147.2023.2294602","url":null,"abstract":"This paper examines the venture capital-driven process of making intangible assets in platform start-up firms. By examining the case study of the rise and fall of a venture capital-backed ‘unicorn’...","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2024-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139770773","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Life as debt, or debt to life? Water, finance and infrastructure","authors":"Andrea Muehlebach","doi":"10.1080/03085147.2023.2287885","DOIUrl":"https://doi.org/10.1080/03085147.2023.2287885","url":null,"abstract":"This paper explores the forms of debt that come into play as public water utilities are privatized and financialized. On the one hand, the financialization of water utilities sets in motion a polit...","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-12-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138717151","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Building walls within walls: Making value defensible in Public Private Partnerships","authors":"Chris Hurl, Alia Nurmohamed","doi":"10.1080/03085147.2023.2285172","DOIUrl":"https://doi.org/10.1080/03085147.2023.2285172","url":null,"abstract":"Despite widespread criticisms, governments around the world have adopted Value for Money (VfM) analysis as a key metric in gauging the prospective value of infrastructure projects. This paper exami...","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138574470","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Export taxes in Argentina: Embedded ideas of state interventionism","authors":"Matt Barlow","doi":"10.1080/03085147.2023.2268415","DOIUrl":"https://doi.org/10.1080/03085147.2023.2268415","url":null,"abstract":"This paper argues that ideas about tax matter as much as interests and institutions for understanding social attitudes and responses to attempts by the state to raise revenues for development agend...","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138561209","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The social meaning of wealth taxes","authors":"Liam Stanley, Tom McGrath, Tom Hunt","doi":"10.1080/03085147.2023.2264063","DOIUrl":"https://doi.org/10.1080/03085147.2023.2264063","url":null,"abstract":"Wealth taxes are back on the political agenda of developed democracies, but are subject to contestation. Given increasing inequality, middle classes may support wealth taxes so to redistribute weal...","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138505626","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Economizing chemical compounds: The production of qualities in Turkish olive oil","authors":"Brian Silverstein","doi":"10.1080/03085147.2023.2274223","DOIUrl":"https://doi.org/10.1080/03085147.2023.2274223","url":null,"abstract":"Producers in many sectors, including food, are seeking to convert chemical compounds into value. Turkey is in the midst of a ‘quality turn’ in its olive oil sector, as producers seek ways to captur...","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-11-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138505620","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Assetization as a mode of techno-economic governance: Knowledge, education and personal data in the UN's System of National Accounts","authors":"Kean Birch","doi":"10.1080/03085147.2023.2264064","DOIUrl":"https://doi.org/10.1080/03085147.2023.2264064","url":null,"abstract":"Assets are made through the configuration of technoscientific and political-economic (or techno-economic) relations, claims and practices; a process increasingly conceptualized as ‘assetization’. The UN’s System of National Accounts (SNA) – a set of national accounting standards – defines assets as ‘entities that must be owned by some unit, or units, and from which economic benefits are derived by their owner(s) by holding or using them over a period of time’. Accounting standards like the SNA are implicated in the construction of assets through their ‘extension of the asset boundary’, which happens periodically as accounting standards are revised and updated to better reflect changing business practices. Assetization, then, entails more than an analysis of the transformation of something into an asset, it can also be conceptualized as a mode of governance in which social actors change their world. To make this argument, I examine the SNA’s treatment of knowledge, education and personal data: respectively, redefined as an asset (e.g. intellectual property product); treated as a quasi-asset (e.g. human capital); and subject to continued debate (e.g. digital data). In exploring the SNA’s accounting standards, I show how assetization reconfigures the governance of knowledge, education and personal data, often in problematic ways.","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-11-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135476280","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The ‘government of men’: Moving beyond Foucault’s binaries","authors":"Maurizio Meloni, Galib Bashirov","doi":"10.1080/03085147.2023.2256582","DOIUrl":"https://doi.org/10.1080/03085147.2023.2256582","url":null,"abstract":"AbstractRecent controversies surrounding Michel Foucault suggest tensions and unresolved issues in his unfinished work. Here we interrogate Foucault’s legacy in relation to his claim that the welfare-state is a secularization of the Christian pastorate. We challenge Foucault’s binary narrative of the Christian flock versus the Graeco-Roman citizen and expand the focus to other ‘technologies of power’ in medieval Islam. Rather than an outburst of governmentality in modernity, we suggest a transregional and longue durée history of which the Christian pastorate was merely one facet. This non-binary framework indicates that Foucault’s claim of a ‘demonic’ fusion of sovereign and pastoral power in modern politics requires significant revisitation. Finally, we claim that Foucault’s much-discussed fascination with neoliberalism may have roots in this one-sided narrative regarding the birth of the welfare-state.Keywords: art of governmentCOVID-19global historyFoucaultpastoratewelfare state AcknowledgementsBoth the authors wish to thank the important inputs by four anonymous referees and rich departmental conversations with our colleagues at ADI, Deakin University Australia, Chris Mayes and Miguel Vatter. We remain of course solely responsible for our findings and claims.Disclosure statementNo potential conflict of interest was reported by the author(s).Additional informationFundingThis work was supported by an Australian Research Council Future Fellowship (FT180100240).Notes on contributorsMaurizio MeloniMaurizio Meloni is a social theorist and a science and technology studies scholar. He is the author of Political biology: Science and social values in human heredity from eugenics to epigenetics (Palgrave, 2016: Winner of the Human Biology Association Book Award, 2020), Impressionable biologies: From the archaeology of plasticity to the sociology of epigenetics (Routledge, 2019), co-editor of Biosocial matters (Wiley, 2016) and chief editor of the Palgrave handbook of biology and society (2018). He is currently Associate Professor in Sociology in the Alfred Deakin Institute for Citizenship and Globalisation, Deakin University, Australia, where he was previously an ARC Future Fellow (2019–2023).Galib BashirovGalib Bashirov is an Associate Research Fellow at Alfred Deakin Institute for Citizenship and Globalization, Deakin University, Australia. His research examines state-society relations in the Muslim world and US foreign policy in the Middle East and Central Asia. His previous works have been published in Review of International Political Economy, Democratization, and Third World Quarterly.","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-10-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135617882","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Sarah Bracking, Maud Borie, Glenn Sim, Theo Temple
{"title":"Turning investments green in bond markets: Qualification, devices and morality","authors":"Sarah Bracking, Maud Borie, Glenn Sim, Theo Temple","doi":"10.1080/03085147.2023.2246263","DOIUrl":"https://doi.org/10.1080/03085147.2023.2246263","url":null,"abstract":"This paper explores the issuance and growth of transition and sustainability-linked bonds into the green market segment normally reserved for green bonds between 2018 and 2021. Using a performative economics and STS approach we examine how key terms within environmental political discourse – transition, green, sustainability – have been incorporated into the operation of investment markets, and given specific, if unstable and contested, technico-economic forms. Using event ethnography, industry literature and primary interviews, we examine how classification works as a market device, by exploring why the newer ‘transition bond’ was favoured by some investors but not others in comparison to green and sustainability bonds. We argue that the credibility of different green labelled products is being mediated by uneven references to scientific evidence, in the context of competing marketization strategies, which have world-making effects.","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134911708","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Purity and dangers: Market making, structural uncertainty, and circuits of exchange in the cryptoeconomy","authors":"Alex Preda, Ruowen Xu, Julie Valk","doi":"10.1080/03085147.2023.2242187","DOIUrl":"https://doi.org/10.1080/03085147.2023.2242187","url":null,"abstract":"Market making is a crucial activity in financial markets, expected to reduce uncertainties related to price and liquidity information, and to enable strategic interactions among traders. Sociologis...","PeriodicalId":48030,"journal":{"name":"Economy and Society","volume":null,"pages":null},"PeriodicalIF":3.4,"publicationDate":"2023-09-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138505619","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}