
Situating Global Capitalisms: A View from Wall Street Investment Banks
Author(s) -
Ho Karen
Publication year - 2005
Publication title -
cultural anthropology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.669
H-Index - 75
eISSN - 1548-1360
pISSN - 0886-7356
DOI - 10.1525/can.2005.20.1.068
Subject(s) - investment banking , investment (military) , political science , political economy , economy , sociology , business , economics , financial system , law , politics
The project of conceptualizing powerful subjects and intervening against Wall Street investment banks' hegemonic claims is thwarted by social scientific norms of approaching late capitalism and globalization. Overarching scripts of capitalist globalization not only prevent understanding the heterogeneous and complicated particularities of Wall Street's approaches to the global but also ironically parallel the marketing schemes and hyped representations of Wall Street capitalist promoters. Drawing from in‐depth fieldwork with investment bankers, this article portrays Wall Street's uses and understandings of the global and the contingencies and contexts of its global imaginings. It demonstrates that even for the most seemingly globalized and powerful of actors, global ambitions can implode and generate internal contradictions.