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As Ivan Ascher shows in his book “Portfolio Society,” since the mid-twentieth century capitalism’s developed world has found itself increasingly dependent on a system of money in itself as determinant of value—a system of credit and debt, of perceived risks and predictions. Portfolio Society: On the Capitalist Mode of Prediction. By Ivan Ascher. New York: MIT Press, 2016, 192 pp. (hardcover) ISBN 9781935408741. US List:

Review of Portfolio Society: On the Capitalist Mode of Prediction by Ivan Ascher (MIT Press)