Since the 2007-2008 subprime mortgage crisis the role of finance in shaping the very conditions of economic life has profoundly shifted, and with it established assumptions regarding the relationship between finance and value have been put under increasing scrutiny. In this paper session and subsequent panel discussion we bring together a diverse set of standpoints on the ‘place’ of value(s) and valuation in contemporary economic geographies. Collectively these draw from Marxian, institutional, cultural economic, STS, political-ecological, and feminist accounts of the value question, but all consider a simple query: Where is ‘value’ in finance? In a world where distinguishing economic geographies as ‘outside’ finance is increasingly untenable, this question is necessary for revealing the churning frontiers of capitalist accumulation to come. Furthermore, the selected papers and panel also consider and work to creatively counter a tendency towards ‘value’ sliding into a conceptual cul-de-sac too impenetrable to be of ‘political’ value in the here and now. Bringing the political and ontological status of ‘value’ together through empirical examples ranging from finance’s imbrication with education to AI is subsequently a call for contemporary economic geography to (re)consider value in finance in critical, creative, and unorthodox ways.
|Presenter||Dylan Simone*, University of Toronto, Financial Literacy, Risk, and Value Theory||20||8:00 AM|
|Presenter||Gary Dymski*, University of Leeds, Arpita Bhattacharjee, University of Leeds, Andrew Brown, University of Leeds, Toward a Theory of Value and Distribution for the Post-Robotic Age||20||8:20 AM|
|Presenter||Mikael Omstedt*, University of British Columbia, Searching for Commensurability: Municipal Bond Rating and the Value Abstraction||20||8:40 AM|
|Presenter||Amy Horton*, University College London, Contesting finance capital's 'state fix'||20||9:00 AM|
|Presenter||Chris Muellerleile*, Swansea University, Wasting Open Access||20||9:20 AM|
To access contact information login