Duke University Press The Social Life of Financial Derivatives - Edward LiPuma

Explore how financial derivatives shape modern capitalism and everyday life in Edward LiPuma's groundbreaking analysis. Drawing on his experience as a derivatives trader, LiPuma examines the social dimensions, rituals, and belief systems that drive derivatives markets. Published by Duke University Press as part of the Transactions: Critical Studies in Finance, Economy, and Theory series, this book provides essential insight into how derivative-driven capitalism organises speculative capital and penetrates society. LiPuma's theoretical framework responds directly to the 2008 financial crisis, offering readers a deeper understanding of the complex social processes underlying financial markets and their broader impact on contemporary economic life.