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From Performativity to Political Economy: Index Investing, ETFs and Asset Manager Capitalism

As a discipline, political economy has often been reluctant to engage with the details of market devices and practices. This weakens the microfoundations of its analysis of capitalist macro-dynamics and cedes unnecessarily large stretches of intellectual territory to economics. The performativity... Full description

1st Person: Braun, Benjamin
Source: in: New Political Economy (2016), Vol. 21 (3), p. 257-273
Type of Publication: Article
Published: 2016
Keywords: Performativity > financialisation > investment chain > passive investing > exchange-traded funds (ETFs) > asset manager capitalism > patient capital
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