An Introduction to Karen Ho's Liquidated - A Macat AnthropologyAnalysis
Financial crises do not just happen. They result from a specific kind of worldview—Wall Street’s culture of always looking for short-term high performance. Long-term plans are not considered, so the banking culture is all about instant big rewards and ever-present job insecurity. It is this lack of long-term vision that causes financial crises, not the vagaries of an uncontrollable market. Watch Macat’s short video for a great introduction to Karen Z. Ho’s Liquidated: An Ethnography of Wall Street, one of the most important books in contemporary anthropology.
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