Establishing a disciplining financial disposition in the City of London: resilience, speed and intelligence

Research output: Contribution to journalArticleResearchpeer-review

Abstract

Examining the strategies, investments and values employed by finance workers in the City of London, this article draws on interview and ethnographic data to develop a culturally dominant ‘financial disposition’. Manifesting as an overarching strategy of discipline, and identifying the interlocking performative values of resilience, speed and intelligence, the findings articulate how finance workers invest in a system of practical and cognitive social relations to uphold an ideologically coherent system of ‘frictionless’ financial exchange. In doing so, the article allows us to see how an ideologically dominant market order, which is overwhelmingly subject to structural levels of analysis, establishes a set of durable yet adaptable social relations that contribute to the production of a coherent market system. It is a development that gives new meaning to the ways individuals adapt and contribute to the reproduction of material and structural relations and come to characterise the financial experience.
LanguageEnglish
Pages1061-1076
Number of pages16
JournalSociology
Volume53
Issue number6
Early online date18 Jul 2019
DOIs
Publication statusPublished - 1 Dec 2019

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disposition
resilience
intelligence
Social Relations
finance
worker
market
Values
interview
experience

Keywords

  • Bourdieu
  • City of London
  • cultural finance studies
  • discipline
  • dispositions
  • intelligence
  • resilience
  • speed

Cite this

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Establishing a disciplining financial disposition in the City of London : resilience, speed and intelligence. / Simpson, Alex.

In: Sociology, Vol. 53, No. 6, 01.12.2019, p. 1061-1076.

Research output: Contribution to journalArticleResearchpeer-review

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