This article is built on a close reading of the use of the term 'calculation' by Max Weber. On the basis of this reading, I argue for a deeper understanding of Weber's views on uncertainty in the Calvinist ethos, and for a new approach to some key issues in the moral and discursive world of financial capital today, in which accounting, accountability and profit-making have become dangerously delinked from one another.
A Global Space for expanding transnational capital
Juan Manuel Sandoval Palacios
The restructuring of world capitalism in the 1970s and 1980s led to the emergence of the globalization of production and finance circuits of capital. Scholars such as Robinson (2004 , 2014 ) have contended that globalization constitutes a
On 22 October 2003, Michael Khodorkovsky, the richest man in Russia and the director of Yukos, one of the largest Russian companies, was arrested at gunpoint in Novosibirsk airport and transferred to Moscow. A few months earlier, one of his deputies, Platon Lebedev, had been arrested on 3 July 2003. In the months that followed the arrest of Lebedev, the general prosecutor raided the offices of Yukos and Menatep, a major shareholder of Yukos. On 17 October 2003, Vasily Shakhnovsky, a Yukos shareholder, was detained for tax evasion. Another major shareholder, Leonid Nevzlin, was accused of conspiracy to commit murder and fled to Israel. One of Yukos’s security guards was also accused as a culprit in this conspiracy and was imprisoned. The general prosecutor subjected the company to a series of raids and restrictions that led to the decline of the value of its shares and brought it to the verge of bankruptcy by the middle of August 2004. Officially, all of these actions occurred because of Yukos’s illegal economic dealings and tax frauds, but the real reasons were that Khodorkovsky had dared to criticize publicly the president of the Russian Federation, Vladimir Putin; that he had funded rival political parties; and that he had also toyed with the idea of entering politics himself and becoming a presidential candidate. Since the conflict between Yukos and the state is a good illustration of the contradictory relation between state and capital in Russia, let me give a brief description of Yukos’s history.
A Study from Northern Ontario, Canada
Jane H. Roberts
While Putnam's communitarian conceptualization of social capital has significantly influenced our understanding of community cohesion, the concept of social capital is highly contested. Questions have been raised about the ways in which agency and power operate in a community's sense of connectedness. Within this critique, little attention has been paid to the conceptualization of cultural identity when framed in dominant constructions of social capital. This paper contends that Bourdieu's critical perspective on social capital is better placed to examine the complex relationships between multiple, conflicting and overlapping positions of cultural identity with a sense of belonging. In addition, a Bourdieurian analysis acknowledges that the dynamic relationships of habitus, capital and field produce multiple identities associated with conflicting notions of connectedness which are contextually contingent. The paper argues that ethnography is best placed to offer a different perspective to de-contextualized data, and supports any examination of identity and belonging as best viewed within the context in which such concepts develop and are situated.
Just as Berlin as a political, social, ethnic, and material entity has undergone considerable change since 1989, so too the cinematic representations of the new capital over the last twenty years or so have projected a diverse set of images of the city. This article considers a selection of fiction films that can be grouped together under three broad thematic category headings: those dealing with Berlin's past, those addressing the city's multicultural identity and, most substantially, those films in which the capital of the new "Berlin Republic" can be read as a metaphor for postunification Germany. What all three categories have in common, it is argued, is that the image of Berlin that emerges from most of these films remains an overwhelmingly negative one, with the city portrayed predominantly as a site of either conflict or disorientation.
commodity ‘has a two-fold aspect – use-value and exchange-value ’. 1 Aristotle, who was concerned with the political organization of the Republic also made this distinction, although his concern was not primarily with what we might term the ‘capital’ to
An Exploratory Study of Degree Choice
Social anthropology in the U.K. is largely absent from the pre-university curriculum, contributing to the discipline's marginal status within higher education. My paper reports a small-scale empirical study of the transition to undergraduate anthropology as a socializing process that begins with the choice of discipline, continues as a learning experience and enables students to acquire elements of the discipline's 'culture'. The study identified 'chance' factors, serendipity and opportunism as important influences on choice of degree. These factors reflected the availability to applicants of cultural and economic capital. Students demonstrated varying degrees of socialization in identifying with anthropology's epistemological and social norms and values. My findings justify current attempts to increase the visibility of anthropology among pre-university students. They also support teaching initiatives that promote deep learning at undergraduate level. Both developments are necessary to sustain anthropology as a university discipline.
The Experiences of Mizrachi Middle-Class Adolescents in Israel
Guy Abutbul Selinger
In contrast to the view, expressed widely in public and in academic discourses, that ethnic categories are no longer significant in explaining Israeli social processes and that ethnic relations have become less hierarchical, this study demonstrates the continuing importance of ethnicity and hierarchical relations in Israeli society. Their importance is reflected in the social processes undergone by middle-class Mizrachi adolescents. Mizrachi families endow their adolescents with family capital—that is, social and cultural patterns—similar to that of middle-class Ashkenazi families. However, because these social and cultural patterns are identified as Ashkenazi, public discourses and practices signify for Mizrachi adolescents their ethnic identity and thus restore the blurred ethnic boundary. This signification is done through mechanisms of 'hybridization' and 'purification', as discussed in the article. These cultural mechanisms maintain the hierarchical relations between Mizrachi and Ashkenazi Jews within Israel's middle class.
This article examines the conceptual structure of the Social City Program as it has been formulated in legislation and applied in practice. It raises serious questions as to the actual impact of the program as formulated, and suggests that conceptual clarity may help both to expose its flaws and to propose alternate positive potentials. The program has a complex intellectual underlay, and clarity in the concepts used can avoid some potential dangers in its implementation. More specifically, integration is not the opposite of exclusion, and inclusion is not the same as reducing poverty. Spatial clustering can either support or weaken solidarity. Enclaves and ghettos are not the same thing, although both reflect a clustering of population groups. Finally, emphasizing "social capital" can be a way of highlighting the strength of the oppressed or blaming them for their own oppression-and these distinctions are loaded with consequences for policy.
This is one of a set of three essays, exploring the current crisis in a Durkheimian perspective, and brought together with the first English translation of Durkheim’s own commentary on a world in upheaval, ‘The Politics of the Future’ (1917). In the opening essay, Steven Lukes suggests that a way to begin to reflect on the nature and long-term repercussions of the crisis is through Durkheim’s account of anomie. In the following essay, Mike Gane is concerned with an underlying paradox in which neo-liberalism is in practice a form of socialism and statism. In general, it reproduces the malaise that Durkheim analysed as a mass of individuals under the management of an overcentralized state, and in the absence of an effective democratic network of intermediate groups. In particular, it relies on a technique of power that involves a corrupted form of what Caillois analysed as the game, and that controls and manipulates the individuals constituting ‘human capital’ through a system of bureaucratically regulated game-like competitions. In the final essay, Edward Tiryakian asks ‘which crisis?’ Beyond the financial and economic upheavals, there is a wider, systemic, moral anomie. This shows up in various ways in trends, throughout western societies, in family life, education and citizenship – key interlinking institutions of the social fabric.