New perspectives on emotions in finance the sociology of confidence, fear and betrayal

"The financial crisis that started in 2007 is a concern for the world. Some countries are in depression and governments are desperately trying to find solutions. In the absence of thorough debate on the emotions of money, bitter disputes, hatred and 'moralizing' can be misunderstood....

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Bibliographic Details
Other Authors: Pixley, Jocelyn, 1947- (-)
Format: eBook
Language:Inglés
Published: London ; New York : Routledge 2012.
Series:Routledge international studies in money and banking ; 76
Subjects:
Online Access:https://recursos.uloyola.es/login?url=https://accedys.uloyola.es:8443/accedix0/sitios/ebook.php?id=134433
See on Universidad Loyola - Universidad Loyola Granada:https://colectivo.uloyola.es/Record/ELB134433
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Description
Summary:"The financial crisis that started in 2007 is a concern for the world. Some countries are in depression and governments are desperately trying to find solutions. In the absence of thorough debate on the emotions of money, bitter disputes, hatred and 'moralizing' can be misunderstood. New Perspectives on Emotions in Finance carefully considers emotions often left unacknowledged, in order to explain the socially useful versus de-civilising, destructive, nature of money. This book offers an understanding of money that includes the possible civilising sentiments. This interdisciplinary volume examines what is seemingly an uncontrollable, fragile world of finance and explains the 'panics' of traders and 'immoral panics' in banking, 'confidence' of government and commercial decision makers, 'shame' or 'cynicism' of investors and asymmetries of 'impersonal trust' between finance corporations and their many publics. Money is shown to rely on this abstract trust or 'faith', but such motivations are in crisis with 'angry' conflicts over the 'power of disposition'. Restraining influences - on 'uncivilised emotions' and rule breaking - need democratic consensus, due to enduring national differences in economic 'sentiments' even in ostensibly similar countries. Promising ideas for global reform are assessed from these cautionary interpretations"--
Physical Description:1 online resource (xv, 238 pages) : illustration
Bibliography:Includes bibliographical references and index.
ISBN:9780203114018