The Social Life of Finance: exploring the interactive dynamics between Financial Capital and Society (GRAF – Gruppo di Ricerca di Antropologia della Finanza)
Panel 24 / Quarto Convegno Nazionale SIAC “Il ritorno del sociale”, Sapienza Università di Roma, 21-22-23 settembre 2023
Proponenti: Camilla Carabini (Università di Milano – Bicocca), Zaira T. Lofranco (Università di Bologna)
Discussant: Francesco Zanotelli (Università di Messina)
The 2008 Global Financial Crisis provided evidence of the embeddedness of financial markets and social dynamics beyond the anthropological debate. However, in the relentless march of financialization, the extractive practices have been regenerated by shaping and adapting to new social categories and values, among them the Environmental, Social and Governance (ESG) being the most popular. This panel aims to investigate ethnographically the interactive dynamics between financial capital and society, the social actors and contexts at play between the occult mechanisms of financial technologies and the observable hierarchical effects they engender in different contexts. Thus, the panel analyzes how financial culture has pervaded every social stratum and how this phenomenon has impacted daily life, education, language, urban development, and social policy. Moreover, it intends to explore the intricate social complexity of financialization through its entanglements with digital infrastructures, urban architectures, natural and contaminating resources, and organizational structures of enterprises. In addition, it explores the resistance, rejections, and emergence of alternative truth regimes to the culture of indebtedness. Lastly, it will reflect on the role of technology (algorithms, big data, artificial intelligence, personal rating scales) in classifying financial individuals and groups as well as the emergence of new communities around cryptocurrencies.
Keywords: finance, social relations, debt, technology, cryptocurrencies
Lingue accettate: Italiano / English